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John Pierpont Morgan Jr. Trivia Questions

How much do you really know about John Pierpont Morgan Jr.? Below are 8 true or false statements. Click each one to reveal the answer and explanation.

1.

Despite his wealth, Morgan Jr. personally sailed a lifeboat during the sinking of the RMS Titanic in 1912.

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Easy
✗ FALSE

He was not a passenger on the Titanic; the ship sailed without him. The story of a Morgan canceling a ticket refers to his father, J.P. Morgan Sr., not him.

2.

J.P. Morgan Jr. financed the Hall of the Age of Man at the American Museum of Natural History.

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Medium
✓ TRUE

He provided funding for this hall, which opened in 1921 and focused on human evolution and prehistoric cultures, as part of his extensive philanthropy to the museum.

3.

John Pierpont Morgan Jr. inherited his father's fortune but gave away nearly all of it to charity before his death.

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Medium
✗ FALSE

Morgan Jr. kept most of his inheritance and grew the family wealth; he donated modestly but not nearly all of it.

4.

Morgan Jr. secretly funded the construction of the original Yankee Stadium in 1923 as a favor to his friend Babe Ruth.

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Medium
✗ FALSE

Yankee Stadium was built by the Yankees' owners, the Ruppert family; no evidence links Morgan Jr. to its financing.

5.

J.P. Morgan Jr.'s firm, J.P. Morgan & Co., arranged over $1.5 billion in loans to the Allied nations during World War I.

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Medium
✓ TRUE

As the head of J.P. Morgan & Co., he oversaw the firm that organized loans exceeding $1.5 billion for the Allies, primarily Britain and France, by early 1917.

6.

John Pierpont Morgan Jr. was the head of J.P. Morgan & Co. during World War I, overseeing massive loans to the Allies.

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Hard
✓ TRUE

He became senior partner of J.P. Morgan & Co. after his father’s death in 1913 and arranged billions in loans for the Allied powers, notably a $500 million Anglo-French loan in 1915.

7.

John Pierpont Morgan Jr. was awarded the U.S. Medal of Honor for his philanthropic work after the 1918 influenza pandemic.

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Hard
✗ FALSE

Morgan Jr. received no Medal of Honor; he was awarded the U.S. Distinguished Service Medal for his wartime financial efforts.

8.

Morgan Jr. successfully testified before Congress that he had not paid any federal income tax in 1913, citing legal loopholes.

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Hard
✗ FALSE

The 1913 Pujo Committee hearings featured his father, J.P. Morgan Sr., not John Pierpont Morgan Jr. Morgan Jr. did not testify before Congress that year.

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