Sir Arthur Wheeler, 1st Baronet (18 September 1860 – 20 May 1943) was an English

England

England is a country that is part of the United Kingdom. It shares land borders with Scotland to the north and Wales to the west; the Irish Sea is to the north west, the Celtic Sea to the south west, with the North Sea to the east and the English Channel to the south separating it from continental...

 stockbroker and financier

Financier

Financier is a term for a person who handles typically large sums of money, usually involving money lending, financing projects, large-scale investing, or large-scale money management. The term is French, and derives from finance or payment...

.

Wheeler was born in Nottingham

Nottingham

Nottingham is a city and unitary authority in the East Midlands of England. It is located in the ceremonial county of Nottinghamshire and represents one of eight members of the English Core Cities Group...

. He was educated at Nottingham High School

Nottingham High School

Nottingham High School is a British boys' independent school situated about a mile north of Nottingham city centre. It has around 900 pupils from ages 11 to 18 and there is the adjoining Nottingham High Junior School catering for younger boys and, from September 2008, the Lovell House...

 and joined Simon, Meyer & Co, a lace

Lace

Lace is an openwork fabric, patterned with open holes in the work, made by machine or by hand. The holes can be formed via removal of threads or cloth from a previously woven fabric, but more often open spaces are created as part of the lace fabric. Lace-making is an ancient craft. True lace was...

 exporter, as a clerk. He rose to be chief clerk and in 1899 launched his own stockbroking firm in Leicester

Leicester

Leicester is a city and unitary authority in the East Midlands of England, and the county town of Leicestershire. The city lies on the River Soar and at the edge of the National Forest...

, concentrating on serving Midlands

English Midlands

The Midlands, or the English Midlands, is the traditional name for the area comprising central England that broadly corresponds to the early medieval Kingdom of Mercia. It borders Southern England, Northern England, East Anglia and Wales. Its largest city is Birmingham, and it was an important...

 firms which were too small to launch themselves in the City of London

City of London

The City of London is a small area within Greater London, England. It is the historic core of London around which the modern conurbation grew and has held city status since time immemorial. The City’s boundaries have remained almost unchanged since the Middle Ages, and it is now only a tiny part of...

.

During the First World War, Wheeler dedicated his energies to selling war bond

War bond

War bonds are debt securities issued by a government for the purpose of financing military operations during times of war. War bonds generate capital for the government and make civilians feel involved in their national militaries...

s, and for this he was created a Baronet

Baronet

A baronet or the rare female equivalent, a baronetess , is the holder of a hereditary baronetcy awarded by the British Crown...

 in the 1920 New Year Honours. He was ruined by the Depression

Great Depression

The Great Depression was a severe worldwide economic depression in the decade preceding World War II. The timing of the Great Depression varied across nations, but in most countries it started in about 1929 and lasted until the late 1930s or early 1940s...

, was declared bankrupt, and in 1931 was jailed for twelve months for fraud

Fraud

In criminal law, a fraud is an intentional deception made for personal gain or to damage another individual; the related adjective is fraudulent. The specific legal definition varies by legal jurisdiction. Fraud is a crime, and also a civil law violation...

. After his release he retired from business.