Biography of charles m schwab estate

Charles Michael Schwab was an American steel and mining magnate. Under his leadership, Bethlehem Steel became the second-largest steelmaker in the United States and one of the most influential heavy manufacturers in the world.

Charles m schwab daughter

In , at only 35 years of age, he became president of the Carnegie Steel Company. In , he helped negotiate the secret sale of Carnegie Steel to a group of New York-based financiers led by J. Schwab then became the first president of the U. Steel Corporation. After several clashes with J. Morgan and other executives, he left U. Steel in to run the Bethlehem Steel Company in Bethlehem, Pennsylvania, which soon became the largest independent steel producer in the world.

Charles M. Construction began on the room mansion in and lasted six years. Set in its own landscaped park, his home included a Roman bath-style swimming pool, a bowling alley, a Grand Court with two levels of balconies on three sides that overlooked the central staircase, and a card room where millionaires gambled with high stakes.