John Pierpont (J.P.) Morgan

John Pierpont (J.P.) Morgan
A financier, philanthropist and one of the fathers of corporate finance in the United States. John Pierpont Morgan started his career in 1857 at his father's bank, J.S. Morgan & Co., taking it over in 1890 after his father's death. He died on March 31, 1913 in Rome as one of the richest men in the world.

A leader in corporate finance, J.P. Morgan was famous for mergers, such as bringing Edison General Electric and Thompson-Houston Electric Company together to form the company General Electric. He also formed the first billion-dollar company in the world, United States Steel Corporation.


Investment dictionary. . 2012.

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  • Morgan, John Pierpont, Jr. — ▪ American financier 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.… …   Universalium

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