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4) John Pierpont Morgan Sr (Personal Life (Careers (In 1857 as an…
4) John Pierpont Morgan Sr
Personal Life
Born April 17, 1837
Hartford, Connecticut
Family
Children
Nothing
Siblings
Nothing
Wife
Nothing
Parents
Dad
Junius Spencer Morgan
Mom
Nothing
Died March 31, 1913
Rome, Italy
Education
University of Göttingen in Germany
Careers
In 1857 as an accountant with the New York banking firm of Duncan
Stockholder for Railroad companies
In 1861 he became the agent for his fathers banking company in New York
In 1871 he became a partner in the New York City firm of Drexel, Morgan and Company, and in 1895 the firm was renamed J.P Morgan and Company, and it soon became one of the most powerful banking companies
He organized railroads and formed the United States Steel corporation
In 1885 he began a long career in railroad organization when he arranged for the merger of the New York Central Railroad with competing New York lines
Industry
Banking
became a partner in Drexel, Morgan and Company
renamed Drexel, Morgan and Company to J.P. Morgan and Company
J.P. Morgan Became one of the most powerful banking houses
talent for reorganizing failing companies and making them profitable
railroads
reorganized the New York Central Railroad
organized railroads in Pennsylvania and Ohio
Stockholder in the railroad companies
Steel
Merged many steel companies to become the United States Steel Corperation
Philanthropy
American Museum of Natural History
Donations
Books
prehistoric South American relics
lead donor
Vice President
Donated a mummy
Fossil vertebraes
served as a trustee until his death
American Indian costumes
the Episcopal Church
served as treasurer and senior warden at St. George’s Episcopal Church.
helped revised the Book of Common Prayer
he made sure the clergy of Manhattan got paid