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Birth
On April 17th, 1837 John Pierpont Morgan is born, in Hartford, Conneticut. Little did the world know that at that point, the world of finance would be completely different, for the most iconic banker and financial figure of all time was born. -
Completes Highschool
John Pierpont graduates from the Engish school in Boston and decides to head to Gottenburg University in Germany to study French and German. -
First Job as a Clerk
John starts his career as a low paid clerk with the New York banking firm of Duncan, Sherman & Company. -
JP Morgan is Formed
J. Pierpont Morgan & Company is formed by John P. Morgan and James Goodwin. -
Marriage
Marries Frances Louisa Tracy, His wife who he will raise a family of 4 children with and spend the rest of his life with. -
Helps form General Electric
John Pierpont Morgan is apart of the merge between Edison General Electric and Thomson-Houston Electric Company to form General Electric, which would become the main electrical equipment manufacturing company in the U.S. -
JP Morgan Revives the U.S Government
Two years after the panic of 1893, Morgan forms a plan that will resupplie the U.S. government’s diminished gold reserve with $62,000,000 worth of gold in order to revive the financial situation of the U.S and to create a surge in the market. -
First Billion Dollar Company
JP Morgan joins in merging the Federal Steel Company with the Carnegie Steel Company and other steel companies to form United States Steel Corporation, which becomes the world’s first billion-dollar corporation. -
John Pierpont Morgan dies
On March 31, 1913 , John Pierpont Morgan passes away in Rome, Italy in his sleep at the Grand Hotel. The NYSE closed for 2 hours on that day, and they also flew the flags half staf down the street to show respect.
