J. P. Morgan

J. P. Morgan

Born: April 17, 1837

Died: March 31, 1913

Nationality: American

Occupation: Businessman, financier, banker, philanthropist

Biography: John Pierpont Morgan was an American financier, banker, philanthropist and art collector who dominated corporate finance and industrial consolidation during his time. In 1892 Morgan arranged the merger of Edison General Electric and Thomson-Houston Electric Company to form General Electric.

Source/Notes: Variant: "You have no right to own a yacht if you ask that question"

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Source/Notes: Quoted in the New York World (11 May 1901) during the Northern Pacific Corner. See Morgan: American Financier by Jean Strouse

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