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George Peabody (February 18, 1795 – November 4, 1869) was an American financier and philanthropist. He is often considered the father of modern philanthropy . Born into a poor family in Massachusetts, Peabody went into business in dry goods and later into banking.
- Thomas Peabody and Judith Dodge
- November 4, 1869 (aged 74), No. 80 Eaton Square, London, England
- February 18, 1795, Danvers, Massachusetts, U.S.
Apr 1, 2024 · George Peabody (born Feb. 18, 1795, South Danvers [now Peabody], Mass., U.S.—died Nov. 4, 1869, London, Eng.) was an American-born merchant and financier whose banking operations in England helped establish U.S. credit abroad. When his brother’s Newburyport, Mass., dry goods store burned down in 1811, Peabody went to Georgetown in ...
Mar 16, 2018 · By Eli Meixler. Updated: March 16, 2018 1:03 PM [ET] | Originally published: March 16, 2018 4:52 AM EDT; P hilanthropist George Peabody was a banker and patron of education initiatives whose...
- 1 min
- Eli Meixler
Jun 11, 2018 · Learn about the life and legacy of George Peabody (1795-1869), a prominent American businessman who settled in London and became a leading benefactor of education and social causes. Explore his role in the Civil War, his support for the South, and his influence on the development of public schools in the region.
George Peabody (February 18, 1795 – November 4, 1869) was an American entrepreneur, financier and philanthropist. Coming from a lower-middle class family and with little formal education, he partnered in building a successful dry goods business in the United States, and moved into banking and finance. His confidence in the long-term growth of ...
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Learn about George Peabody, the "father of modern philanthropy" who gave away millions to support education, libraries, museums, and social welfare in the US and UK. Discover his rags-to-riches story, his role in American finance, and his legacy of generosity and frugality.
Though considered somewhat miserly to employees and even relatives, George Peabody was a generous donor to public causes and charities. His title of the father of modern philanthropy is because he gave away nearly all of his fortune during his lifetime, a practice that has been continued by philanthropists like Andrew Carnegie, John D ...
