J.P Morgan Project by George Snouno

gsnouno26 — 2024-05-13 18:29:22 UTC

gsnouno26 — 2024-05-13 18:29:45 UTC

Background, Early life, & how he became a leader in business

gsnouno26 — 2024-05-13 18:30:52 UTC

John Pierpont Morgan was born into a prominent New England family on April 17, 1837, in Hartford, Connecticut.
After graduating from high school in Boston in 1854. J.P Morgan studied in Europe, where he learned French and German, then returned to New York in 1857 to begin his finance career.
Morgan died at age 75 on March 31, 1913, in Rome, Italy. On April 14, the day of his funeral, the New York Stock Exchange closed in his honor until noon. He was buried in the Morgan family mausoleum at a Hartford cemetery.
JP Morgan became a business leader through smart investments, strategic decisions, and managing mergers and acquisitions effectively.

How did he treat his employees?

gsnouno26 — 2024-05-14 18:33:26 UTC

JP Morgan treated his employees fairly.

He payed them well and offering benefits.
Although he pay them well, he also demanded hard work and loyalty from them to keep everything under control.

What business was your individual in? Is their business still around today in some form or another?

pkasaryan26 — 2024-05-14 18:37:30 UTC

J.P Morgan was in railroad investments. He helped repair major railroads and was a financial aid for them. He also owned shares of large railroad companies jbrjkfkrjhfgi 4i3erug904rugoilur9doguoer udgopieru dopgu5eoirdfguop5erutgop5eruioptg uireopdtg uoepriudgperogripgiropgiopri

J.P Morgan's Legacy

rkerin26_1 — 2024-05-15 17:55:56 UTC

He was important because he helped grow and influenced a lot of big businesses. He helped General Electric, U.S. Steel, and International Harvester become what they are today. While in a depression Morgan also formed a group that resupplied the U.S. government’s gold reserve with $62 million in gold to relieve a Treasury crisis. J.P. Morgan also helped the railroad industry. A lot of people see him as a fraud though who was born rich and just had it easy.

Noodle Tools

gsnouno26 — 2024-05-15 18:22:41 UTC

Was your individual a philanthropist (someone who makes charitable donations)? If so, how?

pkasaryan26 — 2024-05-15 18:31:32 UTC

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.

gsnouno26 — 2024-05-15 18:31:36 UTC

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pkasaryan26 — 2024-05-15 18:39:08 UTC

J.P Morgan was in railroad investments. He helped repair major railroads and was a financial aid for them. He also owned shares of large railroad companies and would be a financial aid for them and would help with repairs and any fixes. J.P Morgan is still in business today and the business is a leading global financial services firm with assets of $2.6 trillion and operations worldwide. The business helps with investment banking, commercial banking, financial transaction processing and asset management and today the business is very popular and successull.