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"J.P. Morgan". Biography.com. N.p., 2017. Web. 13 Jan. 2017 . <http://www.biography.com/people/jp-morgan-9414735>.

"J.P. Morgan - Facts & Summary - HISTORY.Com". HISTORY.com. N.p., 2017. Web. 12 Jan. 2017 . <http://www.history.com/topics/john-pierpont-morgan>.

Levenick, Christopher. "J. P. Morgan | The Philanthropy Hall Of Fame | The Philanthropy Roundtable". Philanthropyroundtable.org. N.p., 2017. Web. 13 Jan. 2017 . <http://www.philanthropyroundtable.org/almanac/hall_of_fame/john_pierpont_morgan>.

"Pierpont Morgan: Collector". The Morgan Library & Museum. N.p., 2017. Web. 13 Jan. 2017 . <http://www.themorgan.org/about/pierpont-morgan-collector/1>.

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J.P. Morgan was a lifelong lover art, and began to build an extremely valuable and impressive art collection. The majority of the types of his works include academic genre scenes of worlds far away from industrial America.

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Congressional Investigation: A Robber Baron? 

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Congressional Investigation: A Robber Baron? 

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While Morgan was alive, there was no U.S. Central Bank. Thus, when the U.S. underwent a number of financial crises in 1895 and 1907, he bailed out the U.S. government. He not only was the head of a banking syndicate that loaned the federal government more than $60 million, but also convinced some of New York's most successful bankers to bail out a number of different failing banking institutions. However, soon, many journalists and politicians felt that Morgan had too much power and could use the financial system to his best interest. In 1912, Morgan was called to testify before a congressional committee, which essentially brought about the creation of the Federal Reserve System in 1913 and the Clayton Antitrust Act of 1914.

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Morgan died on March 31, 1913. He revolutionized the financial industry. His international banking firm continues to be one of the best to this day, as JPMorgan Chase & Co. and his bailing out of the U.S. helped initiate the creation of the Federal Reserve System.

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J.P. Morgan worked in the baking industry, beginning his career working as a clerk at Duncan, Sherman & Co., the American branch of his father's firm. Early success gave him confidence to start his own company, founding J. Pierpont Morgan & Co. in the 1860s. In 1864 he formed  Dabney, Morgan & Co. when partnering with Charles Dabney, but later  formed Drexel, Morgan & Co with Anthony Drexel. After Drexel's death in 1895, his company returned to being J.P. Morgan, and became a  major influence on the steel industry.

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Morgan was a great patron of the fine arts, a huge proponent in the Metropolitan Museum of Art's rise to artistic fame. He donated large amounts from his personal collection to the Metropolitan Museum of Art and served as the president. He also served as a trustee of the American Museum of Natural History for 44 years and was many times their largest donor. He also donated large sums to the Episcopal Church.

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How did Morgan amass such an impressive fortune? 

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How did Morgan amass such an impressive fortune? 

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Morgan had come from a family of wealth and affluence, but he truly gained financial success in his effort to reorganize the railroad industry. He worked to consolidate railroad companies in a significant amount of financial turmoil. In doing so, he acquired a significant portion of these railroads' stocks, controlling one-sixth of all American rail lines. His founding of private banks and industrial consolidation helped him rise to prominence.

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J.P. Morgan was born into a wealthy, Connecticut family. He studied abroad for university where he learned German and French, but return to the U.S., specifically New York, to begin his career in business.

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J.P. Morgan was one of the most influential and powerful people in American during the latter half of the 19th century. He co-founded the banking firm J.P. Morgan & Co., created the company U.S. Steel, and even helped bail out the U.S. treasury.