🛠️ Invention or technique

The Millionaire

Máquina de calcular La Millonaria

Date
1892 · confidence high
Place
Zurich, Switzerland
Credited to
Otto Steiger
Field
Knowledge & symbols

What it is

The Millionaire was the first commercially successful mechanical calculator capable of direct multiplication without repeated addition, manufactured and sold under different names in several countries for over forty years.

What it led to

  • direct multiplication in mechanical calculators
  • standardization of commercial and scientific calculation
  • influence on later mechanical calculators
  • widespread office use until the electronic era

Links

Sources✓ verified 2026-09-28