Nikolai Nikolayevich Konshin, born in 1833 and died in 1918, was a prominent Russian leader of the nobility, a hereditary honorary citizen, a first guild merchant, and an industrialist. He founded the trading house "Nikolai Konshin Sons" and the "Partnership of Manufactures N. N. Konshin in Serpukhov," and also served as the honorary consul of the Kingdom of Serbia and the Principality of Bulgaria. In addition, Konshin was an active public figure and philanthropist.

At the age of nineteen, Nikolai Nikolayevich became the treasurer of charitable institutions in Serpukhov and established a complex of enterprises called "Novaya Myza" on its outskirts. He equipped his factories with modern foreign machines supplied by Ludwig Knop. Since 1867, Konshin participated in the prison committee, successfully collected taxes, and received gratitude for this. For organizing a polytechnic exhibition in Belokamenna, he was awarded the Order of Saint Stanislaus of the third degree, and in 1873 he received a cross for developing trade with Sweden. Konshin also actively traded with Bulgaria and Serbia.

Nikolai Konshin was one of the first to begin the economic development of Central Asia, recently annexed to Russia, founding a plantation in the Merv oasis and growing cotton from American seeds. By the early 20th century, he had become a nationally significant entrepreneur, focusing on improving the living conditions of his workers. Free nurseries, a school, a craft school, a hospital, and a tea house operated near Konshin's factories, distracting the proletariat from alcoholism.

To gain experience, Konshin traveled to England and was more active than his brothers, keeping up with technical innovations. For his contribution to the development of Russian industry and relations with Persia, he received a medal, and in 1882, his family was granted hereditary nobility. He was also awarded the Order of St. Vladimir of the IV and III degrees for his merits in public education.

Nikolai Nikolayevich was a member of the Prechisten City Charity for the Poor in Moscow and was part of the Moscow branch of the Council of Trade and Manufactures. He built 24 barrack-type apartment buildings for workers and a village of 300 houses, for which loans were available. Konshin also built and restored churches and assisted monasteries. In Serpukhov, he constructed a hospital and a stadium where a football team played in the early 20th century.

In the late 19th and early 20th centuries, the Konshins, under Nikolai Nikolayevich's leadership, conducted business with representatives of the Knop firm and the major magnate N. A. Vtorov, who was called the "Russian Morgan." They had ambitious plans to conquer the Russian and foreign markets of manufactures, but these did not materialize: in 1918, Nikolai Nikolayevich Konshin died, N. A. Vtorov was killed, and revolutionary events forced the heirs to leave Russia.