Definition of j. p. morgan J. p. morgan
We found 2 definitions of j. p. morgan from 2 different sources.
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What does j. p. morgan mean?
WordNet
Noun |
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| j. p. morgan - United States financier and philanthropist (1837-1913) | ||
| Morgan, J. P. Morgan, John Pierpont Morgan | ||
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Wikipedia 
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John Pierpont Morgan (April 17, 1837 – March 31, 1913) was an American banker, donater, and art collector who was skilled in managing and handling money. Because he was such a good banker, he became one of the richest men of his time and created the well-known bank, JPMorgan Chase, which is the one of the oldest banks in the world that still exists.
Childhood.
J.P. was brilliant, taking many classes in mathematics to prepare himself for jobs in commerce.
In 1852, Morgan was 15 years old, and sadly got sick with rheumatic fever. JP got better later on, but he was deformed from birth and his changed looks affecting the way people saw him. JP's character as strong and confident for his deformity to be a burden. He asserted the force of his character over the ugliness of his face. JP hated being around others and having his picture taken; all of his professional portraits were retouched.
Beginnings.
When JP was 20 years old, he became a banker in his dad’s London office and later went to Duncan, Sherman & Company in New York City. As time went on, he continued moving between companies while growing his business.
He did very good as a banker and partnered with many, many other companies. When he took over troubled businesses, he followed his own process of reorganizing them known as “Morganization”. He made sure he was always in charge of the business so his business would do well. He renamed his company to J.P Morgan & Company in 1895. It was one of the most powerful banks in the
