Morgan: The Life and Deals of America's Banker

John Pierpont Morgan was born in Hartford, Connecticut, on April 17, 1837. His father, Junius Spencer Morgan, was a successful merchant and banker. Morgan's mother, Juliet Pierpont, was the daughter of a wealthy New York merchant. Morgan was educated at Phillips Academy in Andover, Massachusetts, and then at the University of Göttingen in Germany. After graduating from Göttingen, Morgan returned to the United States and began working for his father's banking firm, J.S. Morgan & Co.

In 1871, Morgan became a partner in the firm, and in 1890, he became its sole owner. Under Morgan's leadership, J.S. Morgan & Co. became one of the most powerful investment banks in the world. Morgan played a key role in financing the development of the American railroad system, the steel industry, and the electrical industry. He also helped to establish the Federal Reserve System, which is the central bank of the United States.

J.P. Morgan - The Life and Deals of America’s Banker: Insight and Analysis into the Founder of Modern Finance and the American Banking System (Business ... and Memoirs – Titans of Industry Book 2)

by J.R. MacGregor

4.2 out of 5

Language	:	English
File size	:	3010 KB
Text-to-Speech	:	Enabled
Enhanced typesetting	:	Enabled
Word Wise	:	Enabled
Lending	:	Enabled
Screen Reader	:	Supported
Print length	:	224 pages

FREE

Morgan was a controversial figure. He was criticized for his wealth and power, and he was accused of being a ruthless businessman. However, there is no doubt that Morgan was one of the most important figures in American history. He played a key role in the development of the American economy, and he helped to establish the United States as a global financial power.

Morgan's Early Life

Morgan was born into a wealthy family in Hartford, Connecticut. His father was a successful merchant and banker, and his mother was the daughter of a wealthy New York merchant. Morgan was educated at Phillips Academy in Andover, Massachusetts, and then at the University of Göttingen in Germany. After graduating from Göttingen, Morgan returned to the United States and began working for his father's banking firm, J.S. Morgan & Co.

Morgan was a brilliant businessman, and he quickly rose through the ranks at J.S. Morgan & Co. In 1871, he became a partner in the firm, and in 1890, he became its sole owner. Under Morgan's leadership, J.S. Morgan & Co. became one of the most powerful investment banks in the world.

Morgan's Career

Morgan played a key role in financing the development of the American railroad system, the steel industry, and the electrical industry. He also helped to establish the Federal Reserve System, which is the central bank of the United States.

Morgan was a controversial figure. He was criticized for his wealth and power, and he was accused of being a ruthless businessman. However, there is no doubt that Morgan was one of the most important figures in American history. He played a key role in the development of the American economy, and he helped to establish the United States as a global financial power.

Morgan's Legacy

Morgan died in Rome, Italy, on March 31, 1913. He was 75 years old. Morgan was one of the most powerful and influential men in American history. He played a key role in the development of the American economy, and he helped to establish the United States as a global financial power. Morgan's legacy continues to this day, and he is still considered one of the most important figures in American business history.

J.P. Morgan - The Life and Deals of America’s Banker: Insight and Analysis into the Founder of Modern Finance and the American Banking System (Business ... and Memoirs – Titans of Industry Book 2)

by J.R. MacGregor

4.2 out of 5

Language	:	English
File size	:	3010 KB
Text-to-Speech	:	Enabled
Enhanced typesetting	:	Enabled
Word Wise	:	Enabled
Lending	:	Enabled
Screen Reader	:	Supported
Print length	:	224 pages

FREE