George

George Peabody

George
#150,523
Most Influential Person Across History

American-British entrepreneur and philanthropist 1795-1869

Why Is George Peabody Influential?

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According to Wikipedia, George Peabody 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. In 1837 he moved to London 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 would go on to become the global financial services firm J.P. Morgan & Co. after Peabody's 1864 retirement.

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