J. P. Morgan (Noun)
Meaning
United States financier and philanthropist (1837-1913).
Classification
Nouns denoting people.
Examples
- J.P. Morgan was a prominent financier and banker who dominated corporate finance and industrial consolidation in late 19th and early 20th Century America.
- John Pierpont Morgan, known as J.P. Morgan, was an American financier and philanthropist who is best known for his dominance in corporate finance and his role in the formation of the United States' first billion-dollar corporation.
- Morgan played a pivotal role in shaping the modern American economy through his control of several prominent companies and banks, including J.P. Morgan & Co.
- As one of the wealthiest and most influential Americans of his time, J.P. Morgan used his wealth to amass a significant art collection, including many notable works that would eventually be donated to the Metropolitan Museum of Art.
- The banking house J.P. Morgan & Co., founded by J.P. Morgan in 1871, was the basis of the modern-day investment banking firm J.P. Morgan Chase & Co.