J. P. His full name is John Pierpont Morgan, abbreviated as Morgan. Morgan was born April 17, 1837, in Hartford, Connecticut. This province is known as the New England Territory.This is where Morgan, as he was then known, spent his childhood. His father was Junius Depencer Morgan, then a banker and a prominent figure in the financial sector.Juliet Pierpont is his mother’s name. Junius Spencer, the father of John Pierpont, had a good plan to educate the Morgan family.Therefore, it can be said that all the children of the Morgan family were well educated. Being from a wealthy family, John Pierpont’s father sent Pierpont to London and to Germany as well as Switzerland for a good education.A graduate in history and the arts, Pierfont entered the banking profession in about 1857, joining the bank branch in London, owned by his father. He is said to have worked there as a clerk.
J. P. Morgan & Co.
J.P. It was in 1871 that John Pierpont Morgan was able to establish Morgan & Company. These JPs are owned by several commercial and investment financial institutions. Consisting of the Morgan Company.J.P. Morgan Chase, Morgan Stanley, and Dutch Bank (owned by Morgan Grenfell) are three of the world’s leading investment finance companies. Morgan began his career as a clerk in London at his father’s banking firm, and fell in love with Amelia, the daughter of a financial institution owner, before starting his own company.Morgan was a lover who loved her unconditionally. When the two fell in love, they found out that Amelia was suffering from tuberculosis. But Morgan was not a word-changing character again. “You’ll get well soon,” Morgan said, touching Amelia’s head and kissing her.
Morgan tries his best to save Amelia’s life, but all efforts are in vain as Amelia’s life is cut short. Her death came as a shock to Morgan. Although some moneyed characters were very fond of women, Morgan was not rich enough to gamble and drink. He had an absolutely pure and loving bond.
As a young entrepreneur, Morgan remained in love for two years and continued to focus solely on his business.
Son, listen to this. This is how you spend your youth in crime. Get married again. I do not want you to be alone in life. Junius, Morgan’s father, insisted. Because of this, Francesus had an affair with Louisa, the daughter of a prominent lawyer at the time, and told Louisa about his previous marriage, which he had married before Amelia died.How good a loved one are you? If you had known about his illness then you would not have married him. But Amelia must have died happily because you married her before she died. The new girlfriend praised Morgan, saying she had found the best boyfriend ever. She was married to Louisa Fanny Tracy, and Morgan’s second marriage took place in May 1865.The Morgan family was the loving parents of four children. The couple’s son Jack or John Pierpont Morgan (Jr.) later inherited the Morgan family and continued entrepreneurship.
In 1871, Morgan entered into a business agreement with Anthony Droxel, another well-known banker, to start a new project. But the $ 40 million deal, known as the Railway Bond Deal in American History, was agreed upon with the approval of New York’s major railroad.
Thus J.P. In addition to banking, Morgan expanded the dominance of his entrepreneurial power in various sectors, including the steel and maritime sectors, and expanded his dominance in the business world.
Morgan was a totally amazing man. He focused his knowledge only on the realm of business and was keen to have a good family life. He is still widely regarded as the man who made business as well as family life successful in American history.
He teamed up with Nikola Tesla to help Sela’s innovation campaign. Although it was Morgan’s intention to innovate using the new technology, Tesla was financed for it, but Morgan had to give up on the project. Morgan later became interested in investing in London’s subway system. That was in 1902. But Morgan’s project failed on counter-conspiracies.
Although he entered the maritime and shipping industry and presented projects, Morgan was unable to implement the same project. But Morgan, who loved Europe very much, did not budge from all that and continued his entrepreneurial journey successfully.
The palace in New York, where he lived at the time, is said to have been the first palace in America to be illuminated by electricity. Morgan had a good friendship with Thomas Alva Edison, the inventor of the light bulb, and was thus able to use his wealth to illuminate his palace for the first time. Could it have been such a miracle?
The world is talking about Elon Musk today because of Tesla. But in the past, the first person to actually invest in a Tesla project was J.P. Morgan.
Between 1893 and 1907, the entire American banking system was hit by a severe financial storm. The only man who did not fall there, as well as the banker, was Morgan. At that time, J.P. was trying to keep the American economy afloat. Morgan gave great strength.J.P. Morgan was a character who fell in love with various works of art around the world. However, the collection of valuable artefacts can be mentioned as a hobby of many rich people in the world. Morgan had many works of art as well as works of art that were the only ones in the world. At the time, it was worth about $ 50 million.Later all this which he had was given to J.P. Exhibited in the Morgan Museum and Library (the mansion where he lived).
Despite his fascination with art and photography, Morgan was a character who never wanted to appear in front of the camera.
As a result, Morgan’s photography became a rarity. At one point a photographer was able to take a picture of him and Morgan looked at him with intense anger. That photograph was a topic that the club talked about at the time.
In 1912 J.P. Although Morgan had even obtained a ticket to travel on the Titanic, which was rich in culture, he was miraculously unable to do so. If he had gone, he too would have been among the dead. But it was not until he died prematurely that fate changed that journey, perhaps because Morgan was a pioneer in building the American economy.
J.P. At the time of Morgan’s death, his personal fortune was estimated at billions of dollars.
J.P. Morgan is not alive today. But the group, then co-founded by Aaron Burr, Balinasar Melik and John Thompson, was modernized in 2000 and replaced by a new company, J.P. Called Morgan Chase. Today it is an even more advanced financial group. 2022 The total assets here are estimated at $ 372.79 billion. That is, more than three trillion. It is said to be the largest finance company in the world.
