How Did Jp Morgan Become A Powerful Man

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Although J.P Morgan was a banker, he still became a very powerful man. In fact when he partnered up with Rockefeller and Carnegie they were unstoppable. Morgan was the man who saw the light in Edison's invention so he invested in it. His father told him that it was a terrible idea and that he was being played for a fool but he did it anyways. While going against his father he went through some very rough times and some good competition but he found a way to get his competition out of the race and he later overcame his obstacles. Morgan had been a banker ever since he had learned to count. Which was probably around the age of 6. When Morgan was a young adult he noticed a very famous scientist named Thomas Edison. He saw some of Edison’s inventions, like the lightbulb, and knew that slowly he could revolutionise the world one city at a time. With knowing that, he invested in Thomas Edison’s invention of the light bulb. Together they had made a lot of money. Before Morgan had invested in Edison, he used to buy old/bad companies and he brought them back in business. With the expansion of the light bulb he progressed away from buying companies. Edison and Morgan discovered the light bulb and slowly …show more content…

Morgan and Thomas Edison made the first electric company together but Morgan kicked Edison after a while and stole his invention. He kicked Edison out because of his dangerous invention of the electrical chair, the people said it was to violent. After that Morgan eliminated Nick Tesla and stole his invention also. After that Morgan had both types of electricity A.C and D.C and he used them towards his advantage. Since he had nobody running against him he had the perfect opportunity to bring more light to multiple places at once. After he owned electricity he moved on to steel and made skyscrapers and buildings. He eventually got so powerful that he owned most companies but he wanted all of them so he partnered up with Andrew Carnegie and John D.