Uploaded September 2023 | Updated September 2026, 1 hour ago
Welcome back all you Tombstone Tourists! Want to know more about J.P. Morgan's giant, knobbly, purple nose? Or how about his fantastic art collection, mansions and yachts (as well as his fortune) join us over at thetombstonetourist.com/graves/j-p-morgan/. And as always exact location of his grave. Thank you for your support!
J.P. Morgan was a titan of American business. In the late 19th and early 20th centuries his position and connections put him squarely in the middle of the development of American industry. Of his generation John Pierpont Morgan (1837-1913) was the most powerful banker, industrialist and art collector in America. Born in Connecticut, he was the third generation of a banking dynasty that he would go on to dwarf with his financial acumen and bullish instinct. His father Junius Spencer Morgan was a partner in a London-based merchant bank. Another ancestor, James Pierpont, founded Yale University. At the height of his powers in the 1890s, Morgan was said to control one sixth of America’s railway lines. In 1895 he and a consortium of bankers rescued America’s Gold Standard loaning the federal government more than $60 million. In addition to the bank that bore his name, Morgan invested in and subsequently bought the Carnegie Steel Company, Edison General Electric and the United States Steel Corporation. He also acquired the New York Times newspaper and founded the Metropolitan Club in New York when the Union Club blackballed his friend John King. Deeply offended, he instructed the architects ‘build me a club fit for gentlemen. Forget the expense’. However, Morgan was not content just in the banking world – he had many interests elsewhere. Adolph Ochs, publisher of the Chattanooga Times, secured a loan with J.P. Morgan’s help and managed to save the New York Times. His personal and business interests extended to steel and railroads. He purchased U.S. Steel from Andrew Carnegie and merged it with a few other firms to create United States Steel in 1901. Over 100 years later that firm is still going strong.
#famousgraves #gravesite #graves #cemetery #cemeterylovers #tycoon
Welcome back all you Tombstone Tourists! Want to know more about J.P. Morgan's giant, knobbly, purple nose? Or how about his fantastic art collection, mansions and yachts (as well as his fortune) join us over at thetombstonetourist.com/graves/j-p-morgan/. And as always exact location of his grave. Thank you for your support!
J.P. Morgan was a titan of American business. In the late 19th and early 20th centuries his position and connections put him squarely in the middle of the development of American industry. Of his generation John Pierpont Morgan (1837-1913) was the most powerful banker, industrialist and art collector in America. Born in Connecticut, he was the third generation of a banking dynasty that he would go on to dwarf with his financial acumen and bullish instinct. His father Junius Spencer Morgan was a partner in a London-based merchant bank. Another ancestor, James Pierpont, founded Yale University. At the height of his powers in the 1890s, Morgan was said to control one sixth of America’s railway lines. In 1895 he and a consortium of bankers rescued America’s Gold Standard loaning the federal government more than $60 million. In addition to the bank that bore his name, Morgan invested in and subsequently bought the Carnegie Steel Company, Edison General Electric and the United States Steel Corporation. He also acquired the New York Times newspaper and founded the Metropolitan Club in New York when the Union Club blackballed his friend John King. Deeply offended, he instructed the architects ‘build me a club fit for gentlemen. Forget the expense’. However, Morgan was not content just in the banking world – he had many interests elsewhere. Adolph Ochs, publisher of the Chattanooga Times, secured a loan with J.P. Morgan’s help and managed to save the New York Times. His personal and business interests extended to steel and railroads. He purchased U.S. Steel from Andrew Carnegie and merged it with a few other firms to create United States Steel in 1901. Over 100 years later that firm is still going strong.
#famousgraves #gravesite #graves #cemetery #cemeterylovers #tycoon
