Dec
29

Jp Morgan Entrepreneur Profile

John Pierpoint Morgan, described as a rational- but cold hearted man, was arguably the foremost banker in history. More than once, he revived a suffering United States economy from depression; and administered the organization of U.S. Steel: the world’s first billion-dollar corporation in 1901.

This legendary man, was born in Hartford, Connecticut to Junius Spencer Morgan, also a famous tycoon, and Juliet Pierpoint. He studied to become an accountant abroad, primarily in Germany and after his studies was able to find work at the New York City banking house of Duncan, Sherman & Company. After 3 years in New York with the banking house he became agent for his father’s London firm.