What was JP Morgan worth in 1890?

Answer 1

In 1890, J.P. Morgan, the influential American banker and financier, was involved in various significant financial ventures, including the formation of General Electric and U.S. Steel. While exact valuations can be difficult to pinpoint, his net worth at the time was estimated to be around $80 million, a substantial sum that positioned him as one of the wealthiest individuals of his era. His financial acumen and strategic investments played a crucial role in shaping the modern American economy.