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The first electric razor was patented in 1928 by the American manufacturer Col. Jacob Schick (pictured). A military officer, inventor, and entrepreneur, Schick founded Schick Dry Shaver Inc.

Schick’s company did well and he moved most of his wealth to a series of holding companies in the Bahamas. This did not please the Joint Congressional Committee on Tax Evasion & Avoidance, so to avoid an investigation Schick became a Canadian citizen in 1935.