John Pierpont Morgan Jr. (September 7, 1867 – March 13, 1943) was an American banker, finance executive, and philanthropist. He inherited the family fortune and took over the business interests including J.P. Morgan & Co. after his father J. P. Morgan died in 1913.
See all related content →. John Pierpont Morgan, Jr., (born Sept. 7, 1867, Irvington, N.Y., U.S.—died March 13, 1943, Boca Grande, Fla.), American banker and financier, the head of the Morgan investment banking house after the death of his father, John Pierpont Morgan, Sr. He graduated from Harvard University in 1889 and became a member of his father’s banking firm, J.P. Morgan and Company, in 1892, working in the firm’s London branch for eight years.
J. P. Morgan, Jr. was an American banker and a philanthropist; he was the son of the famous banker J. P. Morgan. After the death of his father, he took over the family business interests which included the J. P. Morgan & Co. and inherited a lot of fortune. He contributed largely to the family wealth when he got awarded with an elite contract for the British government as munitions purchasing agent during the World War I.
On July 3, 1915, a man forced his way into the home of millionaire J.P. "Jack" Morgan Jr., the son of banking magnate John Pierpont Morgan, and shot him twice. Fortunately, the bullets were fired randomly in the midst of a scuffle and inflicted only moderate injuries on the intended victim. Meanwhile, Morgan, his wife, and his butler subdued the intruder until police could turn up.
J.P. Morgan, in full John Pierpont Morgan, (born April 17, 1837, Hartford, Connecticut, U.S.—died March 31, 1913, Rome, Italy), American financier and industrial organizer, one of the world’s foremost financial figures during the two pre-World War I decades.
J.P. Morgan Jr had a net worth of $400 billion in today’s money. He was American banker and financier, the head of the Morgan investment banking house. He gained a variety of assets by being in the financial services industry before the company became a commercial banking firm.
John Pierpont “Jack” Morgan Jr. was born on 7th September 1867. On his 151st birthday, we honor him with a brief article about his legacy. Early life. Born in New York to the affluent Morgan family, J.P. Morgan graduated from the St. Paul’s School and got his college degree from the Harvard University.
Its members included J.P. Morgan Jr., Irénée du Pont and the CEOs of General Motors, Birds Eye and General Foods, among others. Together they held near $40 billion in assets, Denton said — about...
J. P. Morgan Jr. was born on September 07, 1867 in New York City, United States, is Banker. J. P. Morgan, Jr. was an American banker and a philanthropist; he was the son of the famous banker J. P. Morgan. After the death of his father, he took over the family business interests which included the J. P. Morgan & Co. and inherited a lot of fortune.
After the death of Anthony Drexel, the firm was rechristened J. P. Morgan & Company in 1895, retaining close ties with Drexel & Company of Philadelphia; Morgan, Harjes & Company of Paris; and J.S. Morgan & Company (after 1910 Morgan, Grenfell & Company) of London. By 1900 it was one of the world's most powerful banking houses, focused primarily on reorganizations and consolidations.