Historical Figures Codexery

J. P. Morgan

The financier who shaped America's industrial age.

J. P. Morgan

Unknown authorUnknown author · via Wikipedia: J. P. Morgan · Public domain

U.S. Steel, International Harvester, and General Electric were among the major multinational corporations whose creation was led by Morgan.[1] America's "greatest banker" was how Adrian Wooldridge described Morgan.[2]

Quick Facts

Birth name
John Pierpont Morgan
Born
17 April 1837
Birthplace
Hartford, Connecticut, U.S.
Died
31 March 1913
Place of death
Rome, Kingdom of Italy
Resting place
Cedar Hill Cemetery; Hartford, Connecticut, U.S.
Education
University of Göttingen
Occupation
  • Financier
  • Investment banker
  • Accountant
  • Art collector

Facts from the source article.

Life and work

He attended West Middle School and Cheshire Academy in New England.[3][4] In 1871, Anthony Joseph Drexel became J. P.'s mentor at the behest of J.S. Morgan.[5] Morgan died in Rome, Italy, in his sleep in 1913 at the age of 75.[2] "Pierpont" was the name Morgan chose to go by, not "John".[6]

Rheumatic fever struck Morgan in April 1852, a disease that eventually caused him such severe pain he became unable to walk.[7] In August 1857, having finished his education, Morgan traveled to London to work with his father at George Peabody & Co.[8] Between April and July 1861, Morgan established J. Pierpont Morgan & Company, which operated from a single room at 53 Exchange Place.[9]

What the cited sources add

The Seifer article notes that Morgan was the first private citizen in history to have electrical lighting placed in his home.[10] By 1901, J. Pierpont Morgan assumed the title of "The Most Powerful Economic Force On The Planet" according to that same source.[10] The Finlay account states that Morgan's grandfather Joseph helped found the Aetna Fire Insurance Company.[4] Finlay also reports that Morgan's body was brought back to Hartford for burial following a lavish funeral in New York City.[4]

The Finlay article adds that Morgan's son gave his father's collection of ceramics, ivories, and Greek and Roman bronzes to the Wadsworth Atheneum in 1917.[4]

References

  1. Wikipedia, "J. P. Morgan" (CC BY-SA 4.0), which cites: Ward, "The Roosevelts: An Intimate History", Alfred A. Knopf, 2014, p. 78 (we also read that source) en.wikipedia.org
  2. Wikipedia, "J. P. Morgan" (CC BY-SA 4.0), which cites: "The alphabet of success", The Economist, September 15, 2016; "John Pierpont Morgan and the American Corporation", Biography of America (original not read by us) en.wikipedia.org
  3. Wikipedia, "J. P. Morgan" (CC BY-SA 4.0), which cites: Huber, "George Westinghouse: Powering the World", McFarland, 2022, p. 113; Finlay, "J. P. Morgan’s Connecticut Roots", connecticuthistory.org, June 21, 2021; Carosso 1987, p. 26 (we also read that source) en.wikipedia.org
  4. Finlay, "J. P. Morgan’s Connecticut Roots", connecticuthistory.org, June 21, 2021. facts only, no text reused. connecticuthistory.org
  5. Wikipedia, "J. P. Morgan" (CC BY-SA 4.0), which cites: Rottenberg 2006, p. 98 (original not read by us) en.wikipedia.org
  6. Wikipedia, "J. P. Morgan" (CC BY-SA 4.0), which cites: "Pierpont Morgan: Banker", The Morgan Library & Museum, March 12, 2014 (original not read by us) en.wikipedia.org
  7. Wikipedia, "J. P. Morgan" (CC BY-SA 4.0), which cites: Huber, "George Westinghouse: Powering the World", McFarland, 2022, p. 113 (we also read that source) en.wikipedia.org
  8. Wikipedia, "J. P. Morgan" (CC BY-SA 4.0), which cites: Carosso 1987, p. 26 (original not read by us) en.wikipedia.org
  9. Wikipedia, "J. P. Morgan" (CC BY-SA 4.0), which cites: Carosso 1987, p. 26; Carosso 1987, p. 26 (original not read by us) en.wikipedia.org
  10. Seifer, "Nikola Tesla: The Lost Wizard", ExtraOrdinary Technology, 2006. facts only, no text reused. teslatech.info

Each numbered sentence above was checked against the source it cites before publication. Sentences citing Wikipedia adapt text from the English Wikipedia article J. P. Morgan (contributors), used under CC BY-SA 4.0; this entry is available under the same licence. Other sources were used for facts only; no text or images are copied from them.

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