apr 2, 1901 - JP Morgan
Description:
JP Morgan was a rich capitalist believed to have had around $39 billion dollars in today's money. He helped the railroad industry recover after the panic of 1893 by merging companies. He became a stockholder in all of them, making his fortune. He also bought Carnegie Steel in 1901, which then became the U.S. Steel Corporation.
Added to timeline:
Gilded Age Timeline
by Charlie Anker
Date:
