Sir Albert Abdullah David Sassoon, 1st Baronet, KCB, CSI (25 July 1818 – 24 October 1896) was a Baghdad-born businessman and philanthropist.
The management of the company's affairs in Bombay was left to his younger brother Solomon David Sassoon (1841–1894).
Among his gifts was a significant contribution towards the reconstruction of the Elphinstone High School[1] and the erection of a large equestrian statue of the Prince of Wales, Albert Edward, commemorating his visit to India in 1875.
65,000, for the construction of the David Sassoon Library and Reading Room on Rampart Row, Kala Ghoda in Bombay.
The Victoria and Albert Museum, Bombay (now Dr. Bhau Daji Lad Museum) was built with the patronage of many wealthy Indian businessmen and philanthropists including Albert Sassoon, Sir Jamsetjee Jejeebhoy and Jaganath Shunkerseth.
However, he fled after he was implicated in a corruption scandal, moving from Baghdad to Bushire in Persia, and settled in Bombay in 1832, where he founded a large mercantile business, called "David Sassoon & Sons".