Industrialization: J.
P. Morgan, Key Person
John Pierpont Morgan was born April 17, 1837. He was the
first person in the world to own a billion dollar company: he combined Carnegie
steel company with several other steel companies. His financial empire was
called “House of Morgan.” He was the son of a successful Boston banker; Morgan
began his career in New York City, at a branch of his father’s bank. He quickly
developed a reputation for shrewd business sense. J.P. Morgan dies March 31,
1913.
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