 He held the office of Danish General Consul to Johannesburg in 1913 and was decorated with the Order of the Dannebrog.In the 1960s and 1970s General Mining and Finance Corporation merged with Federale Mynbou and Union Corporation, became Gencor, then Billiton, then BHP Billiton, one of the largest mining houses in the world, with interests in Borneo, China, Australia, South America and South Africa.Together with Cecil John Rhodes, Barney Barnato, Alfred Beit and others, the Albu brothers belonged to the wealthy and influential Randlord set.