Robber barons of the gilded age - are
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Today inJohn Pierpont Morgan, one of the most famous businessmen and financiers in American history, was born in Hartford. Born into a wealthy and influential Connecticut family, J. Morgan was groomed to robber barons of the gilded age a successful financier from an early age. Morgan, circa Library of Congress Morgan played a role in creating some of the most recognizable corporations in United States history, often by buying out competing businesses and reorganizing them into one larger and more efficient company. Three of his most successful mergers resulted in the creation of General Electric inJ. Morgan and Company now J. Morgan wielded an outsized influence on U. Inwhen the U. It saved the federal treasury and U. Their concern led to the creation of the Federal Reserve in After his death inMorgan was buried alongside many other distinguished Connecticut citizens in Cedar Hill Cemetery, in the city of his birth.
A towering giant of the American financial industry who never forgot his Hartford roots, was born today in Connecticut history. Skip to content.
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