
George Peabody
American-British entrepreneur and philanthropist (1795–1869)
George Peabody (February 18, 1795 – November 4, 1869) was an American financier and philanthropist. He is often considered the father of modern philanthropy.2
From Wikipedia’s article on George Peabody (this version), CC BY-SA 4.0.
Born Feb 18, 1795, died Nov 4, 1869.1
About
Born into a poor family in Massachusetts, Peabody went into business in dry goods and later into banking. In 1837 he moved to London (which was then the capital of world finance) where he became the most noted American banker and helped to establish the young country's international credit. Having no son of his own to whom he could pass on his business, Peabody took on Junius Spencer Morgan as a partner in 1854, and their joint business became the global financial services firm J.P. Morgan & Co. after Peabody's 1864 retirement.
In his old age, Peabody won worldwide acclaim for his philanthropy. He founded the Peabody Trust in Britain and the Peabody Institute and George Peabody Library in Baltimore, and was responsible for many other charitable initiatives. For his generosity, he was awarded the Congressional Gold Medal and made a Freeman of the City of London, among many other honors.
From Wikipedia’s article on George Peabody, shared under CC BY-SA 4.0.2
Companies
- Morgan, Grenfell & Co.Founder3
Links
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1WikidataGeorge Peabody on Wikidata
- 2WikipediaGeorge Peabody on Wikipedia
- 3WikidataMorgan, Grenfell & Co., Founder
- 4Wikimedia CommonsGeorge Peabody photo by Southwarth and Hawes, Public domain