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Google doodle honors philanthropist George Peabody - Global Scenes

Google doodle honors philanthropist George Peabody


Born into poverty, Peabody became a respected banker, then gave most of his fortune to charity.

George Peabody never forgot the poverty he was born into, leading the wealthy American-British financier to be widely regarded as the "father of modern philanthropy."
One of seven born into a poor Massachusetts family, Peabody entered banking after a career in the dry goods business. He soon became the most noted American banker in London -- then the world's financial capital -- and helped establish international credit for the US. The business empire he created included a firm that would eventually be known as J.P. Morgan and Co.
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