USA HISTORY

Detailed explanation-1: -J.P. Morgan, in full John Pierpont Morgan, (born April 17, 1837, Hartford, Connecticut, U.S.-died March 31, 1913, Rome, Italy), American financier and industrial organizer, one of the world’s foremost financial figures during the two pre-World War I decades.

Detailed explanation-2: -Morgan donated millions to charities and public institutions. He gave art collections to the Metropolitan Museum of Art, American Museum of Natural History, American Academy in Rome, Wadsworth Atheneum, and Yale University.

Detailed explanation-3: -One of the most powerful bankers of his era, J.P. (John Pierpont) Morgan (1837-1913) financed railroads and helped organize U.S. Steel, General Electric and other major corporations.

Detailed explanation-4: -J. Pierpont Morgan partners with Philadelphia banker Anthony Drexel to form Drexel, Morgan & Co., a private merchant banking house in New York City. Pierpont builds his reputation as a leader in railroad investments, the largest and most dynamic American industry in the years after the Civil War.