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John Pierpont (JP) Morgan

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Presentation on theme: "John Pierpont (JP) Morgan"— Presentation transcript:

1 John Pierpont (JP) Morgan

2 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

3 Education Minor education was from an English school in Boston
Went to University of Gottingen in Germany

4 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

5 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

6 Legacy Left Behind Died March 31, 1913 in Rome, Italy Was 76 years old
Left 80 million dollars Controlled billions is assets

7 Bibliography "The Man Who Bailed Out the US and Wall Street: Bailouts in 1895 and in 1907 Changed US Finance." Business CEOs. Web. 18 Feb < "J. P. Morgan: Biography from Answers.com." Answers.com: Wiki Q&A combined with free online dictionary, thesaurus, and encyclopedias. Web. 18 Feb < "John Pierpont Morgan - Biography -." Biography.com. Web. 18 Feb < "Yahoo! Image Detail for - Yahoo! Image Search. Web. 18 Feb < "Gottingen's University on Flickr - Photo Sharing!" Welcome to Flickr - Photo Sharing. Web. 18 Feb <


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