J. P. Morgan Jr.
| J. P. Morgan Jr. | |
|---|---|
Albert Henry Wiggin and Morgan in Manhattan at a war bond parade, 1917
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| Born |
John Pierpont Morgan Jr. September 7, 1867 Irvington, New York, U.S. |
| Died | March 13, 1943 (aged 75) Boca Grande, Florida, U.S. |
| Cause of death | Stroke |
| Nationality | American |
| Education | St. Paul's School |
| Alma mater | Harvard College |
| Occupation | Banker, philanthropist |
| Spouse(s) | Jane Norton Grew (m. 1890–1925) |
| Children |
Junius Spencer Morgan III Henry Sturgis Morgan Jane Norton Morgan Nichols Frances Tracy Pennoyer |
| Parent(s) |
J. P. Morgan Frances Louisa Tracy |
John Pierpont "Jack" Morgan Jr., also referred to as J.P. Morgan Jr. (September 7, 1867 – March 13, 1943), was an American banker, finance executive, and philanthropist. Morgan Jr. inherited the family fortune and took over the business interests including J.P. Morgan & Co. after his father J. P. Morgan died.
A graduate of St. Paul's School and Harvard, he was trained as a finance executive in the business world, having worked for both his father and grandfather, that would serve him well as a banking financier and lending leader, and was a director of several companies. He supported the New York Lying-In Hospital, the Red Cross, the Episcopal Church, and provided an endowment for the creation of a rare books and manuscripts collection at the Morgan Library.
Morgan brokered a deal that positioned his company as the sole munitions and supplies purchaser during World War I for the British and French governments. The results produced a one percent commission on $3,000,000,000 or $30,000,000 to the company. Morgan was also a banking broker for financing to foreign governments both during and after the war.
Morgan was born on September 7, 1867 in Irvington, New York to J. P. Morgan and Frances Louisa Tracy. He graduated from St. Paul's School and later, Harvard College, in 1886, where he was a member of the Delphic Club, formerly known as the Delta Phi.
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