John Pierpont Morgan

Biography

One can note some financings which are allotted to him (via its companies):

In transport, most of the railway reorganization of the United States, and the construction of the Titanic ;
In research, part of work of Nicolas Tesla;
In policy, in 1895, it was a creditor time of the government of the United States, for a loan of 62 million dollars which brought back 100 million dollars of benefit.

It directed the purchase of the whole of the Aciérie S of Andrew Carnegie. Thereafter, it carried out their fusion with other less important iron and steel groups, thus creating the world giant of then: US Steel.

His/her son, J.P. Morgan, Jr, was him also financial.

Anecdotes

Its portrait was a long time on the tickets of the Monopoly. With its face with a pointed nose, it was often caricatured in order to point out a Rapace.

A mineral bears its name: the Morganite.

It was illustrated while stealing bottle an extremely rare Napoleon Fine in the cellars of the Money Tower in Paris. The restaurant, which had only two of them, accepted the letter of excuses of the billionaire and the blank check turned over to him that he had addressed to them as a compensation.

He considered, at the beginning of the twentieth century, that a chairman of large company was not to gain more than twenty times the average of his employees. Currently certain chairmen can gain up to two hundred times what gain the average of their employees.

External bonds

On the history of the house of Pierrepont and its American branch

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