Through his investment banking firm, J. P. Morgan & Company, he became a central figure in the development of American capitalism. By the time of his death, J. P. Morgan had become one of the most influential figures in global finance. J. P. Morgan Net Worth $120 Billion Date of Birth April 17, 1837 Place of Birth Hartford, ConnecticutEarly LifeJohn Pierpont Morgan, commonly known as J. P. Morgan, was born on April 17, 1837, in Hartford, Connecticut. Following the death of Anthony Drexel, the company was eventually renamed J. P. Morgan & Company in 1895. The couple had four children: Louisa Pierpont Morgan, J. P. Morgan Jr., Juliet Pierpont Morgan, and Anna Tracy Morgan.