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Business People » Bankers » J. P. MORGAN, JR.

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Full name : J. P. Morgan, Jr.
Alias : J. P. Morgan, Jr.
Gender : Men
Country : American
Birthday : 07-09-1867
Address : New York City
Animals : The Rabbit
Zodiac : Virgo
Died : 13-03-1943
Father : J. P. Morgan
Mother :
Siblings :
Wife :
Children : Henry Sturgis Morgan, Junius Spencer Morgan III, Alice Morgan
Education :
Position :
Activists : Bankers

J. P. Morgan, Jr. was an American banker and a philanthropist; he was the son of the famous banker J. P. Morgan. After the death of his father, he took over the family business interests which included the J. P. Morgan & Co. and inherited a lot of fortune. He contributed largely to the family wealth when he got awarded with an elite contract for the British government as munitions purchasing agent during the World War I. After the war, he went to Europe several times just to report on the financial conditions over there. His profiteering from the war wasn’t liked by many and he was shot twice by an intruder when he was living in his Long Island Mansion. However, he recovered soon and continued with his philanthropic activities. At the time of depression, Morgan Jr. fought largely against Franklin D. Roosevelt’s New Deal. He also became successful in securing around $100M in loans to the Italian dictator Benito Mussolini prior to World War II. J. P. Morgan was a philanthropist by heart and supported a number of organisations which included the Red Cross, New York Lying-In Hospital and the Episcopal Church.

 

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