Drexel, Anthony Joseph (drĕkˈsəl) [key], 1826–93, American banker and philanthropist, b. Philadelphia. He entered (1838) at an early age the well-known banking firm of Drexel and Company, founded by his father, Francis Martin Drexel, an Austrian immigrant. Anthony became a partner, and later under his dominant leadership the firm expanded extensively. Drexel Institute (now Drexel Univ.), opened in 1892, was the most important of his many philanthropies.
The Columbia Electronic Encyclopedia, 6th ed. Copyright © 2012, Columbia University Press. All rights reserved.