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Wayne Enterprises (formerly WayneCorp) is a company in the DC Universe. Wayne Enterprises is owned by billionaire Bruce Wayne and run by his business manager Lucius Fox. It was founded by merchant ancestors of the Wayne family in the 17th century as a merchant house. It changed and gradually grew when it was officially erected in the 19th century when Alan Wayne, heir to Solomon Wayne, founded Wayne Shipping and Wayne Chemical. Along with Wayne Manufacturing, which came later, the Industrial Revolution fueled Wayne Enterprises into becoming a major powerhouse. In addition to providing an income for Bruce Wayne, the various activities of the organization help facilitate his Batman activities in Gotham City.