Biography

He was born on October 24, 1900 in London, England to John Pierpont Morgan, Jr. and Jane Norton Grew. His father was the son of J. P. Morgan

J. P. Morgan

John Pierpont Morgan was an American financier, banker and art collector who dominated corporate finance and industrial consolidation during his time. In 1892 Morgan arranged the merger of Edison General Electric and Thomson-Houston Electric Company to form General Electric...

; and his mother was the daughter of Boston banker and mill owner Henry Sturgis Grew. Morgan had two sons.

In 1923 he joined J.P. Morgan & Co.

J.P. Morgan & Co.

J.P. Morgan & Co. was a commercial and investment banking institution based in the United States founded by J. Pierpont Morgan and commonly known as the House of Morgan or simply Morgan. Today, J.P...

 and was a partner

Partner (business rank)

A partner in a law firm, accounting firm, consulting firm, or financial firm is a highly ranked position. Originally, these businesses were set up as legal partnerships in which the partners were entitled to a share of the profits of the enterprise. The name has remained even though many of these...

 from 1928 to 1935. He co-founded the company Morgan Stanley

Morgan Stanley

Morgan Stanley is a global financial services firm headquartered in New York City serving a diversified group of corporations, governments, financial institutions, and individuals. Morgan Stanley also operates in 36 countries around the world, with over 600 offices and a workforce of over 60,000....

 in 1935, together with Harold Stanley

Harold Stanley

Harold Stanley was an American businessman and one of the founders of Morgan Stanley in 1935. He ran Morgan Stanley until 1955....

 when the Glass–Steagall Act of 1933 forced the separation on investment banking

Investment banking

An investment bank is a financial institution that assists individuals, corporations and governments in raising capital by underwriting and/or acting as the client's agent in the issuance of securities...

 and commercial banking.

At the death of his father in 1943, he, his sister Evelyn, and Junius Spencer Morgan III

Junius Spencer Morgan III

Junius Spencer Morgan III , was an American banker as the director of the Morgan Guaranty Trust Company-References:...

 inherited the estate.

His son Charles Francis Morgan, Sr. was an advisory director at Morgan Stanley & Company in New York.

Henry Sturgis Morgan owned a vast 448 acres (1.8 km²) estate comprising the northern tip of Eaton's Neck, NY. He sold the estate on December 19, 1979 to Caesar L. Pitassy, as Trustee for an undisclosed party. The estate is still in one piece and owned by the undisclosed party. It is located at #50 Eaton's Neck Road, Eaton's Neck, New York.

He died on February 7, 1982 at Columbia Presbyterian Hospital in Manhattan

Manhattan

Manhattan is the oldest and the most densely populated of the five boroughs of New York City. Located primarily on the island of Manhattan at the mouth of the Hudson River, the boundaries of the borough are identical to those of New York County, an original county of the state of New York...

.