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By: Xeba73
@ 2013-05-31 03:10:18
Howard Phipps, Jr., whose grandfather, Henry Phipps, was a partner in the steel business with Andrew Carnegie, is a former director of Bessemer Trust, a privately owned wealth management and investment advisory firm that focuses exclusively on high-net-worth families and their foundations and endowments. The firm oversees more than $75 billion in assets.
The 32,548 sq.ft. mansion, known as "Erchless", was built in 1935 for his father.