Louis Auguste Say | |
---|---|
Born | 9 March 1774 Lyon, France |
Died | 6 May 1840 Paris, France |
(aged 66)
Occupation | Businessman, economist |
Spouse(s) | Constance Maressal |
Children | Gustave Say Achille Say Constant Say Louis Octave Say |
Parent(s) | Jean Étienne Say Françoise Brun de Castanet |
Relatives |
Jean-Baptiste Say (brother) Horace Say (nephew) François de Cossé Brissac, 11th Duke of Brissac (grandson) Princess Marie Say (granddaughter) Léon Say (grandnephew) |
Louis Auguste Say (9 March 1774 in Lyon – 6 March 1840 in Paris) was a French businessman and economist. He founded large sugar refineries in Nantes and Paris, and the sugar company "Say", known after 1972 as Béghin-Sayl; as of 2002 it is a subsidiary of Tereos.
Say was born on 6 March 1774 in Lyon, France. His father, Jean-Etienne Say, was a Swiss-born silk trader. His mother was Françoise Brun de Castanet. He had a brother, Jean-Baptiste Say, who later became a classical liberal economist.
His paternal family were Protestants from Nîmes who were exiled in Geneva, Switzerland after the repeal of the Revocation of the Edict of Nantes in 1685. His paternal great-grandfather, also named Louis Say, moved first to Amsterdam, where he was a member of the Walloon Church, before settling in Geneva in 1694. His paternal grandfather, Jean Say, became a Swiss citizen.
Say began his career as a broker in Paris. He then moved to Abbeville, where he worked in the calico-whitening industry.
In 1813, Say asked Jules Paul Benjamin Delessert to recommend his cousin, Armand Delessert, who was the owner of a beetroot sugar refinery in Nantes. Shortly after, Say moved to Nantes and took over the refinery. After the government changed the law on tariffs in 1814, Say switched to using sugarcane in 1815. He later let his son Horace taken over the refinery. The company was known as Louis Say et Cie, later known as Béghin-Say, now a subsidiary of Tereos.