Charles R. Schwab Biography
Charles R. Schwab

Charles Robert Schwab (born July 29, 1937) is an American investor, financial executive, and philanthropist. He is the founder and chairman of the Charles Schwab Corporation. He pioneered discount sales of equity securities starting in 1975. His company became by far the largest discount securities dealer in the United States. He retired as CEO in 2008, but remains chairman and is the largest shareholder.

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