Phineas Taylor "P. T." Barnum (July 5, 1810 - April 7, 1891) was an American politician, showman, and businessman remembered for promoting celebrated hoaxes and for founding the Barnum & Bailey Circus. He was also an author, publisher, and philanthropist. He purchased Scudder's American Museum, at Broadway and Ann Street, NYC, in 1841. Renamed "Barnum's American Museum," he upgraded the building, added exhibits, and it became a popular showplace. A changing series of live acts and curiosities, including albinos, giants, midgets, jugglers, magicians, exotic women, detailed models of cities and famous battles, and, eventually, a menagerie of animals were added to the exhibits of stuffed animals. He did not enter the circus business until he was 60 years old. In 1870, he established "P. T. Barnum's Grand Traveling Museum, Menagerie, Caravan & Hippodrome," a traveling circus, menagerie and museum of freaks. In 1881 merger with James Bailey and soon the name was shortned to "Barnum & Bailey Circus," which toured the world. Barnum suffered a stroke in 1890 during a performance and died on April 7, 1891, at the age of 80.