Alberto Beneduce

Alberto Beneduce (29 May 1877 – 26 April 1944) was an Italian politician, scholar and financier, who was among the founders of many significant state-run finance institutions in Italy.

[1] Beneduce managed to connect with high finance figures and to collaborate with the Italy's fascist regime.

[5] In the period between 4 July 1921 and 26 February 1922 Beneduce served as the minister of labor and social security in the cabinet led by Ivanoe Bonomi.

He served in the post until 1939[9] when he became a senator in 1939, but he retired from politics and other public offices due to his health problems in 1940.

[3] Beneduce and Luigi Rossi recorded detailed statistics about Italian citizens, who had migrated to the US, but returned to Italy between 1905 and 1906.

In addition, he was the mentor of many eminent financiers and technocrats, who reconstructed Italy after World War II.

[12] Beneduce had five children, three of whom were given names that reflected his socialist orientation: Idea Nuova Socialista, Italia Libera and Vittoria Proletaria.