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Peter Munk, Entrepreneur Who Founded Barrick Gold, Dies at 90

  • He spent three decades expanding company into a global giant
  • Hungarian-born Munk pledged bulk of fortune to philanthropy
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Peter Munk, the Canadian immigrant who founded Barrick Gold Corp. in the early 1980s and transformed it from a small-scale operation into a global empire, has died. He was 90.

He died Wednesday in Toronto, according to a company statement. No cause was given.