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J. P. Morgan, Jr.

AKA John Pierpont Morgan, Jr.

Born: 7-Sep-1867
Birthplace: Irvington, NY
Died: 13-Mar-1943
Location of death: Boca Grande, FL
Cause of death: Stroke
Remains: Buried, Middle Village Cemetery, Queens, NY

Gender: Male
Religion: Anglican/Episcopalian
Race or Ethnicity: White
Sexual orientation: Straight
Occupation: Business
Party Affiliation: Republican

Nationality: United States
Executive summary: Banking magnate, J. P. Morgan & Co.

J. P. Morgan, Jr. was the son of one of America's wealthiest men, J. Pierpont Morgan. He attended Harvard, then took executive posts at his father and grandfather's banking firms. At his father's death in 1913, he inherited millions and became President of J. P. Morgan & Co. His biggest contribution to the family fortune came when his company was awarded an exclusive contract as munitions purchasing agent for the British government during World War I. He also organized a syndicate of more than 2,000 banks to underwrite war loans to Allied governments totaling more than half-a-billion dollars. He fought furiously against Franklin D. Roosevelt's New Deal during the Depression, and secured about $100M in loans to Italian dictator Benito Mussolini.

Morgan was shot twice on 3 July 1915 by an intruder in his Long Island mansion, ostensibly in protest of his profiteering from war, but Morgan quickly recovered from his wounds. He donated $100,000 to the American Legion, and in 1924 he endowed the grounds and collection of his father's library, creating what is now the Morgan Library & Museum. His son, Henry S. Morgan, was a founder of Morgan Stanley, and his sister Anne Morgan was a noted philanthropist.

Father: J. Pierpont Morgan (robber baron, b. 1837, d. 1913)
Mother: Frances Louise Tracy Morgan (b. 1842, m. 3-May-1863, estranged 1875, d. 1924)
Sister: Louisa Pierpont Morgan Satterlee (b. 1866, d. 1946)
Sister: Juliet Pierpont Morgan Hamilton (b. 1870, d. 1952)
Sister: Anne Tracy Morgan (philanthropist, b. 1873, d. 1952)
Wife: Jane Norton Grew Morgan (b. 1868, m. 11-Dec-1890, two daughters, two sons)
Son: Junius Spencer Morgan (b. 15-Mar-1892, d. 19-Oct-1960)
Daughter: Jane Norton Morgan Pennoyer (b. 14-Nov-1893)
Daughter: Frances Tracy Morgan Nichols (b. 17-Jan-1897, d. 11-Mar-1989)
Son: Henry Sturgis Morgan (co-founder of Morgan Stanley)

    University: BA, Harvard University (1889)

    J. P. Morgan & Co. President (1913-43)
    Shot Long Island, NY (3-Jul-1915)
    Morgan Library & Museum Benefactor
    American Legion Benefactor
    American Red Cross
    Council on Foreign Relations
    Delta Kappa Epsilon Fraternity
    Welsh Ancestry
    Morgan Family


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