Career
Ulrich Fredrich von Cappelen grew up in Skien and was a merchant there. Some time after the death of his father he moved to Porsgrund, and started as a timber merchant and ship-owner. Having inherited assets and real estate, he bought more property, especially in rural Eidanger. However, the Gunboat War from 1807 to 1814, and the subsequent economic depression, had a very negative impact on his ship business. He was virtually bankrupt upon his death in 1820.
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