J.P. Morgan | The Man Who Owned America
Wealth, power, and influence. J.P Morgan had it all. He owned the first billion-dollar company. He dominated the country’s most profitable industries. And on multiple occasions, the economy of The United States quite literally depended on the actions of J.P. Morgan.
2023-06-24 15:00:00 - MagnatesMedia
With a simple word or the stroke of a pen, John Pierpont Morgan could save a company from collapse or doom it to bankruptcy.
There will never be another man quite like JP Morgan - literally, he is part of the reason the federal reserve was created so that the finances of a country wouldn’t be in the hands of one ultra wealthy and influential financier.
This MagnatesMedia documentary is the story of JP Morgan - aka John Pierpont Morgan: the banker who owned America.
We’ll look at how he pioneered Morganization to consolidate companies and grow his fortune, how he made deals with the government to help stabilize the economy (e.g. through a gold syndicate), and even the troubled personal life of John Pierpont Morgan - who despite his wealth and business / financial success was plagued by tragedy.
Of course long after JP Morgan died his legacy has lived on through his bank (now JPMorgan Chase), and so I hope you enjoy the history of the industrialist and magnate, John Pierpont Morgan.
00:00 | Prologue: The Story of JP Morgan
00:38 | Chapter 1: A Sickly Start
04:26 | Chapter 2: The Railroad Magnate
09:23 | Chapter 3: The Man of Steel
10:55 | Chapter 4: Crisis
16:54 | Chapter 5: Legacy