John Pierpont Morgan

Photo Courtesy: Morgan Library & Museum - The Pierpont Morgan Library -East Room, Madison Avenue & 36th Street, NYC

 
 

"Anyone can be a millionaire, but to become a billionaire you need an astrologer."

--John Pierpont Morgan

(17 April 1837 - 31 March 1913)

-- Legendary American Financier and Banker

From being struck with Rheumatic fever which left him in so much pain he could not walk at 15… To recovering and becoming a driving force behind the formation of several prominent multinational corporations including U.S. Steel, General Electric, J.P. Morgan (now JP Morgan Chase) among other businesses. During the Panic of 1907, where the entire American economy was nearly crippled and major banks were on the verge of bankruptcy with no mechanism to rescue them, Morgan stepped in to help the U.S. government resolve the crisis, later resulting in the creation of the Federal Reserve System in 1913. Regarded as America's "greatest banker," Pierpont was also a major benefactor to the American Museum of Natural History, the Metropolitan Museum of Art and Harvard University

 

Learn more about this World Changer:

 

The House of Morgan: An American Banking Dynasty and the Rise of Modern FinanceThe House of Morgan: An American Banking Dynasty and the Rise of Modern Finance

 

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