A Family Genealogy of
the Gentle House of Stapleton
the Gentle House of Stapleton
HomeFamily ListDatabaseSurname IndexIndex of IndividualsIndex of Noble HousesFamous and Infamous People
John Pierpont MORGAN #52140
17 APR 1837 - 31 MAR 1913
Personal Information
- BIRTH: 17 APR 1837, Hartford, Hartford, Connecticut, USA
- DEATH: 31 MAR 1913, Rome, Roma, Lazio, Italy
Notes
John Pierpont Morgan Sr. was an American financier and investment banker who dominated corporate finance on Wall Street throughout the Gilded Age and Progressive Era. As the head of the banking firm that ultimately became known as JPMorgan Chase & Co., he was a driving force behind the wave of industrial consolidations in the United States at the turn of the twentieth century.
Over the course of his career on Wall Street, Morgan spearheaded the formation of several prominent multinational corporations including U.S. Steel, International Harvester, and General Electric. He and his partners also held controlling interests in numerous other American businesses including Aetna, Western Union, the Pullman Car Company, and 21 railroads. His grandfather Joseph Morgan was one of the co-founders of Aetna. Through his holdings, Morgan exercised enormous influence over capital markets in the United States. During the Panic of 1907, he organized a coalition of financiers that saved the American monetary system from collapse.
As the Progressive Era's leading financier, Morgan's dedication to efficiency and modernization helped transform the shape of the American economy. Adrian Wooldridge characterized Morgan as America's "greatest banker." Morgan died in Rome, Italy, in his sleep in 1913 at the age of 75, leaving his fortune and business to his son, J. P. Morgan Jr. Biographer Ron Chernow estimated his fortune at $80 million (equivalent to $1.8 billion in 2023).
Over the course of his career on Wall Street, Morgan spearheaded the formation of several prominent multinational corporations including U.S. Steel, International Harvester, and General Electric. He and his partners also held controlling interests in numerous other American businesses including Aetna, Western Union, the Pullman Car Company, and 21 railroads. His grandfather Joseph Morgan was one of the co-founders of Aetna. Through his holdings, Morgan exercised enormous influence over capital markets in the United States. During the Panic of 1907, he organized a coalition of financiers that saved the American monetary system from collapse.
As the Progressive Era's leading financier, Morgan's dedication to efficiency and modernization helped transform the shape of the American economy. Adrian Wooldridge characterized Morgan as America's "greatest banker." Morgan died in Rome, Italy, in his sleep in 1913 at the age of 75, leaving his fortune and business to his son, J. P. Morgan Jr. Biographer Ron Chernow estimated his fortune at $80 million (equivalent to $1.8 billion in 2023).
Parents
Father: Junius Spencer MORGAN #60755
Mother: Juliet PIERPONT #60756
Family 1 :
_Joseph MORGAN Jr____+
| (1735 - 1813)
_Joseph MORGAN III___|
| (1780 - 1847) |
| |_Experience SMITH ___
| (1742 - 1821)
_Junius Spencer MORGAN _|
| (1813 - 1890) |
| | _____________________
| | |
| |_Sarah SPENCER ______|
| (1787 - 1859) |
| |_____________________
|
|
|--John Pierpont MORGAN
| (1837 - 1913)
| _____________________
| |
| _____________________|
| | |
| | |_____________________
| |
|_Juliet PIERPONT _______|
(1816 - 1884) |
| _____________________
| |
|_____________________|
|
|_____________________