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John Pierpont Morgan was born on April 17, 1837, in Hartford, Connecticut to Junius Spencer Morgan (1813–1890) and Juliet Pierpont (1816–1884), of the influential Morgan family. [ 5 ] [ 6 ] His father, Junius, was then a partner at Howe Mather & Co., the largest dry goods wholesaler in Hartford.
Like many aspiring bankers of the mid-19th century, young John Pierpont Morgan got into the business of finance with the help of some old-fashioned family connections. From 1857 through 1871,
The Morgan family is an American family and banking dynasty, which became prominent in the U.S. and throughout the world in the late 19th century and early 20th century.. Members of the family amassed an immense fortune over the generations, primarily through the work of Junius Spencer (J.S.) Morgan (1813–1890) and John Pierpont (J. P.) Morgan Sr. (1837–19
Junius' son, John Pierpont Morgan entered the business and ultimately became a partner at what was to become Drexel, Morgan & Co., the most important investment bank in American history. By 1900, J.P. Morgan was the most important investment banker in the United States and "the dominant figure in all the Drexel banks." [31] The Morgan interests ...
On this day in economic and business history ... Like many aspiring bankers of the mid-19th century, young John Pierpont Morgan got into the business of finance with the help of some old-fashioned ...
Junius Spencer Morgan I (April 14, 1813 – April 8, 1890) was an American banker and financier, as well as the father of John Pierpont "J.P." Morgan and patriarch to the Morgan banking house. In 1864, he established J. S. Morgan & Co. in London as the successor to George Peabody & Co., of which he was junior partner.
Left: John Pierpont Morgan, Jr. (1867-1943) succeeded his father as president of J.P Morgan & Co., a financial and banking institution that issued large loans to the United States for ...
1901 – U.S. Steel founded by John Pierpont Morgan; 1901 – Hay–Pauncefote Treaty; 1901 – Louis Armstrong born; 1902 – Drago Doctrine; 1902 – First Rose Bowl game played; 1902 – Newlands Reclamation Act; 1903 – Great Train Robbery movie opens; 1903 – Harley-Davidson Motor Company created; 1903 – Ford Motor Company formed; 1903 ...