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Peabody, George

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Peabody, George (1795–1869)

US philanthropist. Peabody started working at 11 and made a fortune from a dry-goods business in Baltimore, followed by an investment banking business in Boston and London, where he lived from 1837. Among his gifts were museums at Yale and Harvard Universities, more than US$2 million to develop education in the southern states, including a teaching college in Tennessee, an Arctic expedition, and many innovative housing schemes in London for rehousing tenement dwellers.

He was buried for a time in Westminster Abbey before his body was shipped back for burial in his home town of Peabody, Massachusetts (named after him).



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