Charles Michael Schwab (1862–1939) was an American steel magnate. Under his leadership, Bethlehem Steel became the second largest steel maker in the United States, and one of the most important heavy manufacturers in the world.
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His 44 room summer estate on 1,000 acres in Loretto called "Immergrün" (German for "evergreen") featured opulent gardens and a nine hole golf course. Today, the mansion house is part of Saint Francis College, as the Mount Assisi Friary.