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Early Years
J.P. Morgan was born to a distinguished England Family in Hartford, Connecticut. He also went to Boston at the University of Göttingen. -
Banker
After being well taught by his father J.P. Morgan entered the Banking World for the first time in August 1,185,7 at the London Branch of Merchant Banking. -
1st Marriage
Not too long after J.P. Morgan arrived in New York he met Amelia Sturges who was then married to on October 7, 1861, unfortunately, she dies four months later due to a disease she had called tuberculosis. -
1st Company
In 1862, J.P. Morgan establishes his first financial firm, J. P. Morgan & Co., in New York, in partnership with his cousin James Junius Goodwin. -
2nd Marriage
On May 5, 1865, not too long ago from the civil war ending, J.P. Morgan had married once again but this time to Frances Louisa Tracy, they then had four kids together. -
Morgans Breakthrough
On November 14, 1871, Drexel & Morgan worked together to create a company called Drexel, Morgan, and Co., but after Dexter's death, Morgan shortened it to Morgan and Company. -
Helping In the Civil War Debt
On January 1, 1873, J.P. Morgan helped with the civil war debt after he underwrote federal bonds worth 1,400 million dollars. -
1st Residence
On July 23, 1881, J.P. Morgan moves to Murray Hill and purchases a townhouse at 219 Madison Avenue. -
Electricity
On January 1, 1889, J.P. Morgan's house on Madison Avenue was the first electrically lit private residence in New York. -
J.P. Morgan Father's Death
On May 8, 1890, J.P. Morgan's Father dies giving him full responsibility of the George Peabody & Company which he soon changed the name to J.S. Morgan & Company. -
Helping the Government
On February 20, 1895, J.P. Morgan & Co. led a bond offering that helped rescue the United States from a severe two-year economic depression. -
Unstoppable
On January 1, 1900, J.P. Morgan became unstoppable due to him controlling about 70% of the steel industry & 1/5 of the stock exchange, and three largest insurance companies in the country. -
Steel & Money
On February 2, J.P. Morgan’s business consolidation was in 1901, with the formation of United States Steel, the world’s first billion-dollar corporation. -
Property Growth
On May 24, 1901, Morgan purchases the other two townhouses that were built in the 1850s, on Madison Avenue. -
Death
On March 31, 1913, J.P. Morgan died in his sleep at the Grand Hotel in Rome, Italy.
