Biography j p morgan

J.p. morgan family today

One of the most powerful bankers of his era, J. John Pierpont Morgan financed railroads and helped organize U. Steel, General Electric and other major corporations. The Connecticut native followed his wealthy father into the banking business in the late s, and in formed a partnership with Philadelphia banker Anthony Drexel.

In , their firm was reorganized as J. Morgan used his influence to help stabilize American financial markets during several economic crises, including the panic of The Gilded Age titan spent a significant portion of his wealth amassing a vast art collection. One of his maternal relatives, James Pierpont , was a founder of Yale University; his paternal grandfather was a founder of the Aetna Insurance Company; and his father, Junius Spencer Morgan , ran a successful Hartford dry-goods company before becoming a partner in a London-based merchant banking firm.

After graduating from high school in Boston in , Pierpont, as he was known, studied in Europe, where he learned French and German, then returned to New York in to begin his finance career. Did you know? Pierpont, the uncle of famed financier J. The song, originally titled "The One Horse Open Sleigh," was actually written about Thanksgiving, and was considered a failure when first published in