John Pierpont (JP) Morgan

The Family

• Born April 17, 1837 in Hartford, Connecticut

• Parents were Juniet Spencer Morgan and Juliet (Pierpont)

Morgan

• Father was involved in George

Peabody & Company

• Parents were middle to upper class

Education

• Minor education was from an English school in Boston

• Went to University of Gottingen in Germany

Beginning of a Long Career

• Got a job for private banking house Duncan Sherman & Company

• Became agent and attorney for George Peabody and Company

• After civil war Morgan bought out bankrupt business's and railroads

• J.P. Morgan made J.P. Morgan & Company in 1895

Big Business Deals

• J.P. Morgan personally bought 200 million in government bonds

• Bought steel mills from Andrew Carnegie

• Formed U.S. steel corporation in 1901 worth about 1.2 billion dollars

Legacy Left Behind

• Died March 31, 1913 in Rome, Italy

• Was 76 years old

• Left 80 million dollars

• Controlled billions is assets

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Finance." Business CEOs. Web. 18 Feb. 2010. <http://business-ceos.suite101.com/article.cfm/the_man_who_bailed_out_the_us_and_wall_street>.

• "J. P. Morgan: Biography from Answers.com." Answers.com: Wiki Q&A combined with free online dictionary, thesaurus, and encyclopedias. Web. 18 Feb. 2010. <http://www.answers.com/topic/j-p-morgan>.

• "John Pierpont Morgan - Biography -." Biography.com. Web. 18 Feb. 2010. <http://www.biography.com/articles/John-Pierpont-Morgan-9414735>.

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• "Gottingen's University on Flickr - Photo Sharing!" Welcome to Flickr - Photo Sharing. Web. 18 Feb. 2010. <http://www.flickr.com/photos/blandm/337861708/>.