Henry Sturgis Morgan | |
---|---|
Born |
London, England, UK |
October 24, 1900
Died | February 8, 1982 New York City, New York, U.S. |
(aged 81)
Nationality | American |
Education | Groton School |
Alma mater | Harvard University |
Occupation | Banker |
Years active | 1923–1982 |
Known for | Co-founder of Morgan Stanley |
Board member of |
J.P. Morgan & Co., General Electric, Pullman Company, Harvard Board of Overseers, Groton School, MoMA |
Spouse(s) | Catherine Adams (m. 1923–82) |
Children | 5, including Henry Jr., John |
Parent(s) |
J. P. Morgan, Jr. Jane Morgan |
Relatives | J. P. Morgan (grandfather) |
Henry Sturgis Morgan (October 24, 1900 – February 8, 1982) was an American banker, known for being the co-founder of Morgan Stanley and the President & Chairman of The Morgan Library & Museum.
Morgan was born on October 24, 1900 in London, England to John Pierpont Morgan, Jr. (1867–1943) and Jane Norton Morgan (née Grew) (d. 1925). His father was the son of John Pierpont Morgan (1837–1913) and his mother was the daughter of Boston banker and mill owner Henry Sturgis Grew (1833–1910). He was educated at Groton School and graduated from Harvard University in 1923.
In 1923, the same year he graduated from Harvard, he joined J.P. Morgan & Co. and was a partner from 1928 to 1935. In 1935, he co-founded the Morgan Stanley together with Harold Stanley when the Glass–Steagall Act forced the separation on investment banking and commercial banking.
At the death of his father in 1943, he and his brother Junius Spencer Morgan III inherited the estate. Morgan owned a 448-acre (1.81 km2) estate, which is located at Eaton's Neck Road, Eatons Neck, New York, United States.
On June 26, 1923, he married Catherine Frances Lovering Adams (1902–1988), daughter of Frances Lovering and Charles Francis Adams III, the U.S. Secretary of the Navy under Hoover, and a direct descendant of U.S. Presidents John Adams and John Quincy Adams. The couple had five sons: