Learn how J.P. Morgan’s financial strategies shaped America’s banking and industrial landscape.
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Born into a wealthy family, young Morgan showed an early talent for finance despite health struggles.
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Educated in Boston, Switzerland, and Germany, Morgan gained a global perspective on finance.
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Morgan's bold moves, like buying a full shipment of coffee, showed his appetite for risk and reward.
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During the Civil War, Morgan made massive profits by selling refurbished rifles to the U.S. government.
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Morgan co-founded Drexel, Morgan & Co., later becoming JPMorgan Chase & Co., a financial giant.
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Morgan restructured failing railroads, leading to massive industry consolidation and profit.
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Morgan streamlined industries by merging competitors, creating stability but also monopolies.
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By the early 1900s, Morgan controlled one-third of U.S. railroads, shaping the economy.
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Morgan’s monopoly faced opposition from President Roosevelt, leading to a legal battle.
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Morgan’s company was broken up under antitrust laws, a major defeat for monopolies.
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J.P. Morgan’s impact on banking, railroads, and industry still influences the world today.
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Image source: By Pach Brothers - Collections of the Henry Ford, Object ID: 2005.0.32.76, Public Domain, https://commons.wikimedia.org