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Charles Schwab is an American businessman and investor who is best known for founding the Charles Schwab Corporation, a leading discount brokerage and financial services company. Born in 1937 in Sacramento, California, Schwab attended Stanford University before starting his career in finance. In 1971, he launched his own company, which revolutionized the investment industry by offering discounted brokerage services to individual investors. Schwab's company quickly grew into one of the largest and most respected financial services firms in the world. He is also a noted philanthropist, supporting various educational and healthcare initiatives. Schwab's innovative approach to investing and his commitment to making financial services more accessible have made him a prominent figure in the world of finance.