Essay on Robber Barons and J. P. Morgan

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Most Successful Man in America The most successful man in america has done so much for our country. He has affected the world in many ways people don’t know about. This man has a big impact in the banking world, it is J. P. Morgan. His companies are still around today, just over 100 years later. His business had preceded his death. That’s very successful also it is still booming today. J. P. Morgan was so successful he eventually started buying out other successful business men. He bought out the one and only Andrew Carnegie’s steel company. This is what put him on top of other business men in the U.S. J. P. Morgan, otherwise known as John Pierpont Morgan, was born in 1837 on April 17. John was born in Connecticut ,but more specifically in Hartford. Unlike the other men who “built” America, John was born into a pretty famous family already. One of his relatives was the founder of Yale University, James Pierpont. His father ran a dry-goods company in Hartford, it was pretty successful. This took place before he had become a part of the banking industry. John Morgan started his finance career when he was just 20 years old. He left Europe to start his life in New York. At first, he worked for his father at J. S. Morgan & Company. The first company he owned, Drexel, Morgan & Company. He partnered with Anthony Drexel, a banker from Philadelphia. Most people don’t know of this company and that’s because it wasn’t always called Drexel, Morgan & Company. Drexel passed away

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