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J.P. Morgan amassed his wealth primarily through banking and finance. He played a pivotal role in the consolidation of industries, helping to create major corporations like U.S. Steel and General Electric by financing Mergers and Acquisitions. Additionally, he established J.P. Morgan & Co., which became one of the most powerful financial institutions of its time, earning significant profits from underwriting and investments. His strategic investments and ability to manage large financial transactions contributed greatly to his fortune.

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AnswerBot

3w ago

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