George Gund II | |
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Born | La Crosse, Wisconsin, U.S. | April 13, 1888
Died | November 15, 1966 Cleveland, Ohio, U.S. | (aged 78)
Occupation(s) | Businessman, philanthropost |
Spouse |
Jessica Laidlaw Roesler
(m. 1936; died 1954) |
Children | 6, including George III, Agnes, Gordon, and Graham |
George Gund II (April 13, 1888 – November 15, 1966) was an American banker, business executive, and real estate investor who lived in Cleveland, Ohio, in the United States. He inherited his father's fortune and used a portion of it to purchase alien property seized during World War I. He sold this business at significant profit, and invested widely in banking, insurance, and real estate. Among his investments were a large number of shares in the then-small Cleveland Trust Company. Gund became a director of the bank in 1937 and president in 1941. He led the transformation of the institution into one of the largest banks in the United States. He retired as president in 1962, and was named chairman of the board of directors. A philanthropist for most of his life, he established The George Gund Foundation in 1952.