George Foster Peabody (1852-1938)
George Foster Peabody was an investment banker and philanthropist. In 1881, he became a partner in the investment banking firm of Spencer Trask and Co. The firm became extremely successful and financed Thomas Edison's early experiments and railroad construction in the U.S. and Mexico. In 1902, at the height of his professional and financial success, Peabody decided to retire from investment banking and give something back to society. He became deeply involved with organizations that worked to improve race relations, black education in the South and world peace.
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