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Born as John Pierpoint Morgan in Hartford, Connecticut.
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Junius Morgan, J.P.'s father, moved his family to London to become a partner in the George Peabody & Co. banking firm. At his school in London, J.P. showed a love of math.
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London Branch of a merchant banking firm
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Worked as an accountant for Duncan, Sherman, & Co. Left at the beginning of the Civil War he worked at his father's branch of J. Perpont Morgan & Company
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She died within the first year of their marriage.
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They had 4 children together throughout their marriage: Louisa, John Pierpont Jr., Juliet and Anne.
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Morgan founded J.P. Morgan & Co, which became one of the most powerful banking companies in the world.
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When J.P.'s father died, it nearly immediately quadrupled Morgan's initial wealth.
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Morgan helped to combine Edison General Electric and Thomson-Houston Company to maximize their profits as "General Electric."
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J.P. Morgan & Co. helped the U.S. economy recover after the economic panic of 1893.
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By now, Morgan owns and controls 100,000 miles worth of railroads in the U.S. That amounts to half of the country's total milage.
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Arranged the merge of multiple steel and iron companies to form the United States Steel Corporation. It eventually became the world's largest steel corporation. It was the first ever billion dollar company, and dominated the industry for over 100 years.
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Morgan was an avid art collector, and left his collection to the museum when he passed.
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During the stock market crash of 1907, he gave financial aid to coal mines, insurance, and some businesses in the communications industry.
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He peacefully died in his sleep while at a hotel in Rome, Italy. The New York Stock Exchange shut down for 2 hours, which is an honor usually reserved for presidents.
