John Pierpont Morgan (1837-1913) was a powerful American financier in the early 20th century. Morgan was adept at combining businesses to achieve greater profits, such as the merger of Thomas Edison's electric company with that of the Thomson-Houston Electric company to form General Electric and the creation of Carnegie Steel and Federal Steel to create U.S. Steel. He played an instrumental role in stopping a stock market panic in 1907. Others of his corporate investments included International Harvester, the White Star Line (Titanic) and dozens of railroads, including New York Central and Northern Pacific.
Morgan was a devoute Episcopalian, an avid yachtsman and noted collector of books, art and gems.