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Junius Spencer Morgan

Junius Spencer Morgan

United states financier

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Person
Person

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Birthdate
April 14, 1813
Birthplace
Holyoke, Massachusetts
Holyoke, Massachusetts
Date of Death
April 8, 1890
Place of Death
Èze
Èze
Occupation
‌
Financier

Other attributes

Child
J. P. Morgan
J. P. Morgan
Citizenship
United States
United States
Father of
J. P. Morgan
J. P. Morgan
Wikidata ID
Q4118236

Junius Spencer Morgan I (April 14, 1813 – April 8, 1890) was an American banker and financier, as well as the father of John Pierpont "J.P." Morgan and patriarch to the Morgan banking house.

In 1864, he established J. S. Morgan & Co. in London as the successor to George Peabody & Co., of which he was junior partner. With his son's aid, Morgan grew his banking house into a trans-Atlantic financial empire that included firms in London, New York City, Philadelphia, and Paris. By the time of his death in 1890, the Morgan banks were dominant forces in government and railroad finance, and his was the pre-eminent American banking house.

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