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J.P. Morgan acquired his wealth primarily through banking and finance. He played a significant role in the consolidation of industries during the late 19th and early 20th centuries, famously financing and reorganizing major corporations like General Electric and U.S. Steel. Additionally, his establishment of J.P. Morgan & Co. allowed him to engage in investment banking, which further solidified his financial empire. His strategic investments and mergers helped him amass significant wealth and influence in American industry.

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1mo ago

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