![]() It is difficult to place an exact beginning and end date on the dynasty. Historians describe the Morgan family along with its web of partners to be part of the large American banking empire known as the House of Morgan. Through his business methods, he was highly successful in asserting his power as one of the most influential businessmen in America. He revolutionized numerous industries, including electricity, railroad, and steel. Morgan was the de facto leader of this dynasty, having been the most prominent businessman in America at the turn of the century. Morgan members were notable for dominating the banking industry during their time. Members of the family amassed an immense fortune over the generations, primarily through the noted work of John Pierpont (J. and throughout the world in the late 19th century and early 20th century. The Morgan family is an American family and banking dynasty, which became prominent in the U.S.
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