He was an American financier, banker, and art collector.
He was born April 17, 1837 and died March 31, 1913.
He died in Rome, Italy.
He entered banking in 1857.
In 1892, he merged the Edison General Electric and the Thomas-Houston Electric Company, which formed General Electric.
He donated a lot of his art work to the Metropololitan Museum of Art in New York City and the Wadsworth Atheneum of Harvard.
Morgan entered banking in 1857 at his father's London branch and moved to New York a year later and worked at the Banking House of Duncan.
During the American Civil War, Morgan was approached to finance the purchase of antiquated rifles being sold by the army for $3.50 each. Morgan's partner re-machined them and sold the rifles back to the army for $22 each.
Morgan sued the government more than once on his contract.
After the death of his father in 1890, Morgan took controlof J.S. Morgan & Co (re-named Morgan, Grenfell & Company in 1910).
He helped to reorganize many railroads, including the New York, West Shore & Buffalo Railroad(1885), the Philadelphia & Reading(1886), and Chesapeake & Ohio(1888).
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- He was an American financier, banker, and art collector.
- He was born April 17, 1837 and died March 31, 1913.
- He died in Rome, Italy.
- He entered banking in 1857.
- In 1892, he merged the Edison General Electric and the Thomas-Houston Electric Company, which formed General Electric.
- He donated a lot of his art work to the Metropololitan Museum of Art in New York City and the Wadsworth Atheneum of Harvard.
- Morgan entered banking in 1857 at his father's London branch and moved to New York a year later and worked at the Banking House of Duncan.
- During the American Civil War, Morgan was approached to finance the purchase of antiquated rifles being sold by the army for $3.50 each. Morgan's partner re-machined them and sold the rifles back to the army for $22 each.
- Morgan sued the government more than once on his contract.
- After the death of his father in 1890, Morgan took controlof J.S. Morgan & Co (re-named Morgan, Grenfell & Company in 1910).
- He helped to reorganize many railroads, including the New York, West Shore & Buffalo Railroad(1885), the Philadelphia & Reading(1886), and Chesapeake & Ohio(1888).
*LINKS
JP Morgan Wikipedia
JP Morgan Business
Biography on Morgans Life
JP Morgan Commen