Question

J. P. Morgan was the financier, what did he found, how, what did he invest, fun fact, born, died?

Answer 1

J. Pierpont Morgan was a leading financier who founded the J. Pierpont Morgan and Company financial firm. He helped finance the consolidation of industry and negotiated the creation of leading corporations. Morgan made wise financial decisions and invested in growing companies.

Step-by-step explanation:

J. Pierpont Morgan, often referred to as J. P. Morgan, was a leading financier in the late nineteenth and early twentieth century. He founded the J. Pierpont Morgan and Company financial firm after moving to New York in 1857. Morgan played a significant role in financing the consolidation of industry and negotiated the creation of leading corporations such as General Electric and US Steel. He was known for his wise financial decisions and investments in growing companies that showed great promise.

Answer 2

Known For: He founded J.P. Morgan & Co which was renamed by his son to JPMorgan Chase, he made a merger between the three largest Steel companies that controlled 98% of the market, the new company was 100% owned by Morgan, the largest company in the modern era, it was called US Steel, he owned General Electric Company the largest electric company of the time, he owned 80% of it, he then funded AT&T or Bell Atlantic, he got 75% of the company

Born: 1837

Died: 1913

Fun Fact: He bought Carnegie Steel for 337 billion dollars in today's money

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