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JPMorgan Chase net worth as of October 25, 2024 is $632.51B . Interactive chart of historical net worth (market cap) for JPMorgan Chase (JPM) over the last 10 years. How much a company is worth is typically represented by its market capitalization, or the current stock price multiplied by the number of shares outstanding.
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- What Was J.P. Morgan's Net Worth?
- Early Life and Career Beginnings
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J. P. Morgan was a highly successful American businessman and financier. At the time of his death in 1913, J.P. Morgan had an inflation-adjusted net worth of somewhere between $25 billion and $45 billion. The variation depends largely on the value of his real estate portfolio and art collection. He is best known for being the head of the banking fi...
John Pierpont Morgan, best known by his initials as J. P. Morgan, was born on April 17, 1837, in Hartford, Connecticut. His father, Junius Spencer Morgan, was from the influential Morgan family. In 1850, his uncle, James Lord Pierpont, composed the song "Jingle Bells." J.P. was educated at the English High School of Boston, a renowned commerce scho...
In 1871, Morgan partnered up with the Drexel family of Philadelphia to form the firm Drexel, Morgan & Company. After Anthony Drexel passed away, the firm was renamed J. P. Morgan & Company in 1895. His firm enjoyed close ties with his father's company, J. S. Morgan & Company, as well as other leading firms like Drexel & Company of Philadelphia and ...
Every successful businessman has to weather through the occasional poor investment, and Morgan was no exception. One of his more notable bad investments was when he gave inventor Nikola Tesla $150,000 (the equivalent of $4,609,800 in today's dollars) to build a trans-Atlantic wireless communication system in exchange for 51% control of the patents....
In 1861, Morgan married Amelia Sturges, known as Mimi; she passed away the following year. He then married Frances Louisa Tracy, known as Fanny, in May 1865. He and Fanny had four children together: Louisa Pierpont Morgan, J. P. Morgan Jr., Juliet Pierpont Morgan, and Anna Tracy Morgan. J.P. suffered from rosacea, which resulted in the deformation ...
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Nov 30, 2022 · According to Investopedia, J.P. Morgan’s net worth has been estimated to have been about $80 million. In 2022 dollars, that’s equivalent to about $2.3 billion, though some speculate that his fortune at the peak of his career might have been worth as much as $60 billion in 2022 dollars.
Apr 23, 2024 · Upon his death in Rome on March 31, 1913, J.P. Morgan's net worth has been estimated to have been about $80 million. In 2024 dollars, that's equivalent to about $2.5 billion.
Sep 26, 2022 · What about the J.P. Morgan net worth? When Morgan died in 1913, his net worth was $118.3 million, half in his estate and half in his art collection. At the time, that amount was nearly 0.3% of the United States’ gross domestic product (GDP). Today that would look like a net worth of $49 billion, making it among the greatest individual ...
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Morgan died in Rome, Italy, in his sleep in 1913 at the age of 75, leaving his fortune and business to his son, J. P. Morgan Jr. Biographer Ron Chernow estimated his fortune at $80 million (equivalent to $2.5 billion in 2023).
