J&p morgan biography new york

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  • J.p. morgan family today
  • J.p. morgan industry

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    J. P. Morgan

    American financier, banker, and art collector (1837–1913)

    This article is about the American financier. For other uses, see J. P. Morgan (disambiguation) and John Morgan (disambiguation).

    J.P. Morgan

    Morgan in 1910

    Born

    John Pierpont Morgan


    (1837-04-17)April 17, 1837

    Hartford, Connecticut, U.S.

    DiedMarch 31, 1913(1913-03-31) (aged 75)

    Rome, Lazio, Kingdom of Italy

    Resting placeCedar Hill Cemetery
    Hartford, Connecticut, U.S.
    Alma materUniversity of Göttingen
    Occupations
    • Financier
    • Investment banker
    • Accountant
    • Art collector
    Known forFounding and leading J.P. Morgan & Co. Financing the creation of American Bridge, General Electric; International Harvester; International Mercantile Marine; Southern Railway and U.S. Steel Organizing the Morgan "money trust" which owned Aetna, General Electric, International Mercantile Marine Company, Pullman Palace Car Company, U.S. Steel, Western Union, and 21 railr

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    J.P. Morgan: Early Years and Family

    John Pierpont Morgan was born into a distinguished New England family on April 17, 1837, in Hartford, Connecticut. One of his maternal relatives, James Pierpont (1659-1714), was a founder of Yale University; his paternal grandfather was a founder of the Aetna Insurance Company; and his father, Junius Spencer Morgan (1813-90), ran a successful Hartford dry-goods company before becoming a partner in a London-based merchant banking firm. After graduating from high school in Boston in 1854, Pierpont, as he was known, studied in Europe, where he learned French and German, then returned to New York in 1857 to begin his finance career.

    Did you know? "Jingle Bells" was written by James L. Pierpont, the uncle of famed financier J.P. Morgan. The song, originally titled "The One Horse Open Sleigh," was actually written about Thanksgiving, and was considered a failure when first published in 1857.

    In 1861, Morgan married Amelia Sturges, the daughter o

  • j&p morgan biography new york

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    Who Was J.P. Morgan?

    When John Pierpont Morgan arrived on vägg Street, it was a disorganized jumble of competing interests and one of the many financial centers in a country.

    When he left vägg Street, it was a tightly knit group of big businesses leading one of the fastest-growing economies in the world. Much of the progress vägg Street experienced at the close of the 19th century and the beginning of the 20th was due to the influence of J.P. Morgan and the skill with which he wielded it.

    Key Takeaways

    • J.P. Morgan was among the most powerful industrialists and bankers of all time.
    • Morgan was born on April 17, 1837, in Hartford, Conn., to a banking family.
    • At the spets of the 20th century, Morgan used his anställda power and reputation to encourage the formation of trusts and mergers within industries where he saw competition.
    • Morgan's bailout-like reaction to and leadership during the Panic of 1907 built on his lofty reputation and also helped lead to the creation of