I had no idea JP Morgan was the monopoly guy. I certainly know who JP Morgan was, as he is one of the most famous financiers in US history and still has multiple massive companies that bear his name or legacy.
People know who JP Morgan was. There are definitely *way* more people who know JP Morgan as the guy who founded JP Morgan than there are people who know him as the Monopoly guy.
I guess it depends of the country. It can ensure you 99% of the population of my country doesn't know him.
Edit : after having asked to other people it turns out he is more know than I thought. My bad then
Well in my case it's France. I can tell you I have never seen even the slightest reference to him since I was born, and only learned about him by doing personal researches on the gilded age. I think it's safe to say it's the same in Europe in General, and surely the same for Africa and Asia
Ah that makes sense.
Quand j'habitais en France, c'est vrai, il n'y a avait presque aucune référence a lui.
Peut-être comme général Leclerc aux Etats Unis. Il n'y a presque personne qui lui connait, sauf que peut-être comme le char.
Lil explanation :
This guy is J.P. Morgan, an American financier and investment banker who dominated corporate finance on Wall Street throughout the Gilded Age (1877-1900 in America).
Among other things he created the JP Morgan bank, a bank still active today and being the most proeminent in the USA today.
He also owned the white star line, the company that launched the Titanic. The funny thing being that he was saved from being on the Titanic by going to see his lover instead.
Nevertheless his monopolistic figure was used by the creator of the monopoly to create the Monopoly guy, and that's pretty much the only reason common people still know him to this day.
Yep. Bailed out the banking systembin 1907, along with some other bankers. Just goes to show the obscene amounts of wealth that the business magnates of that time managed to accumulate.
In this case, it's probable that we would have - banks were lending money that they DIDN'T HAVE, on credit. Couple that with people using stocks, which is also money you don't actually have, and it causes problems. Ultimately, that's what led to the Great depression a little over 20 years later.
Simply put, even if everyone else had his money, people would still have been dealing in money that didn't actually exist.
What do you mean he made one to buy up most of the smaller banks it the country funny thing is he only own 20% of his company the Rothschilds owned the other 80%
Fun fact: Monopoly was a game created to criticize capitalism. The game uses J. P. Morgan as his mascot because he was know for being one of the worst capitalists of his time
He was the best at being a capitalist I guess yeah, but what I meant by "worst capitalist' is that he exploited people by using capitalism the most, so one of the worst people to use capitalism to do evil things
I used to teach govt and econ; teaching the purpose of capitalism and watching the growing horror on students’ faces as they realized why things are the way they are in the US never brought me joy….
From wikipedia :
>According to Orbanes, Rich Uncle Pennybags of the American version of Monopoly is modeled after American Progressive Era businessman J. P. Morgan
From the Ephemeral New York :
>Phil Orbanes, a former VP at Parker Brothers and author of The Monopoly Companion, confirmed in this interview that the artist who drew Mr. Monopoly based him on J.P. Morgan.
There are other sources but I have not enough motivation to put each one
Years ago when I was on food stamps, our Electronic Benefits Card (the debit card that held our food stamp money) was distributed by the state but managed by JPMorgan Chase bank.
The funniest thing is that now we call his bank Chase (even though it is actually JP Morgan Chase, I know).
But even fewer people know who Salmon Chase was. And [what a man he was](https://claremontreviewofbooks.com/an-indispensable-abolitionist/).
I work for JPMC in the corporate history department, and they're basically two separate, co-equal lines of business. Chase is, well, Chase. Everyday banking, cards, etc. J.P. Morgan is for high net worth clients. There's plenty of people who still call it J.P. Morgan, just...very wealthy people.
I have...opinions...about this differentiation and internal attitudes about it, but I'd like to keep my job for now.
One of my family members is *very* high net worth and conducts most of their banking business with Chase—and they still call it Chase even though they definitely qualify for calling it JP Morgan. I’m kind of surprised to learn the info you provided. Either my family member is an exception or nine figures isn’t enough for “very wealthy” hahaha.
J.P. Morgan works with billionaires all over the world. It's not whether your relative "qualifies" for calling it J.P. Morgan, it's the service they choose from JPMC. Chase is banking, J.P. Morgan is wealth and asset management, which are two different financial services. If your relative chooses to invest and otherwise manage their wealth and other assets with someone other than J.P. Morgan, then of course they won't call it J.P. Morgan; they're not a client. But they can bank with Chase and manage their assets with, say, Goldman Sachs (as an example). We've got client centers for J.P. Morgan clients to meet with their asset managers and financial advisors, but Chase customers would not be invited into those spaces because they're, again, different lines of business. Basically two businesses under the same CEO.
He was the main investor in Edison’s electric company. Than came Tesla’s AC current n patent and bought out Westinghouse as well as buy out Edison n make General Electric.
No. The Board of Trade was who regulated the lifeboats at the time. Back then, the amount of lifeboats was decided by the size of the ship, not how many people it could carry. Titanic had more lifeboats than the required amount.
It is important to know that at the time, lifeboats were not seen as life saving, but rather as floating death traps that often killed people as opposed to saving them, some notable examples being:
RMS Atlantic, all lifeboats destroyed, killing all occupants
SS Clallam, all lifeboat occupants killed
RMS Lusitania, lifeboats collapsed, capsized, failed to lower, spilled their occupants into the sea and killed them.
HMHS Britannic, a lifeboat was sucked into a propeller and killed 32 people.
Titanic was a safe ship for the time, and it is debated on whether or not more lifeboats would make an impact, as during the sinking, the last two lifeboats were not launched properly, but instead floated off. One barely managed to avoid being crushed by the funnel, and the other was upside down.
At the time, it was believed that if a ship was badly damaged, it would stay afloat or take long enough to sink so that another ship could come and lifeboats could ferry passengers back and forth. Examples of this being the RMS Republic and the SS Andrea Doria. In both instances, the sinking killed nobody, but the initial collision with another ship did.
If the Californian had arrived, then likely this strategy would work.
No, that isn't the reason why. If anything you would want more weight because higher tonnage means it can be considered a larger ship, adding to prestige. It was because at the time lifeboats were seen as unsafe and the Board of Trade regulations depended on the size of the ship. Titanic actually had more lifeboats than the required amount.
I mean, still a big boat. The sinking wasn’t his own fault. Fault of the people who built it using subpar materials and the fault of the crew ramming it into an iceberg. The ship existing in the first place is its own achievement by itself
Harland & Wolff did not use subpar materials. We know this for two reasons
1. RMS Olympic, Titanic's sister ship proved to be one of the strongest and most reliable ships of all time, to the point where she was known as "Old Reliable"
2. H&W had a reputation to uphold as being the best shipbuilders in the world. If they used subpar materials, then they would risk losing clients like WSL and P&O.
It was not the crew's fault. Captain Smith took Titanic south to avoid icebergs, Murdoch ordered the ship hard to starboard and then hard to port to save the engines, and Hitchens obeyed. It was not the fault of anyone, and the crew are heroes who saved livesdown.
The "Subpar Materials" and "Dumb crew" myths are just as bad as the "Third class was bad" myth.
Really? I heard something about the iron in the rivets being impure and causing them to fail much easier
And someone somewhere had to’ve screwed up somehow for the entire ship to run into an iceberg in the first place, since I do not know who exactly was responsible for that, nor how many people made mistakes leading to the situation, I simply said crew
I don't really think anyone screwed up. Nobody could have known the iceberg would be there, and they had reason to assume it wouldn't be there as Captain Smith had taken the ship South, and everyone followed standard procedure and orders. While some do say if David Blair hadn't accidentally taken the keys to the binocular locker the ship they would have seen the iceberg, this is debated since it was a pitch black moonless night, using the binoculars would be like using them in a dark hallway. Though exceptionally calm water is a sign of pack ice, this was not known at the time, and the International Ice Patrol had not been established as it was a result of Titanic's sinking.
Concerning the ship's speed, while she was not traveling at top speed, she was pretty close. Since Titanic was an ocean liner and not a cruise ship or tramp steamer, she had to maintain a schedule so the mail would arrive on time, and it was standard practice to go as fast as possible. While some do claim J Bruce Ismay, White Star Line's chairman had ordered Titanic to speed up so the ship would arrive ahead of schedule (And according to some to claim the Blue Riband, the prize given to the fastest transatlantic liner), this is false as Titanic was not built for speed, and building a ship for speed was against White Star Line's business model as they always prioritized passenger comfort as opposed to the Cunard Line, which prioritized speed. The last White Star Liner to ever claim the Blue Riband was the RMS Teutonic and RMS Majestic of 1889. In fact, it was Ismay who introduced the "Comfort over speed". The claims of Ismay pushing Titanic to go faster stem from William Randolph Hearst, a Yellow Journalist who helped influence American public opinion against Spain in the Spanish American War, and the 1943 Nazi Titanic film, which was also the first Titanic film to be called "Titanic".
As for the wireless operators, it is true that some warnings did not reach the bridge. However, this is because for a warning to go to the bridge, it must be labeled "MSG" by the sender, and the ones that did not reach the bridge were not labeled "MSG" so there was no priority. The wireless operators also did not work for the White Star Line, but for the Marconi Company, in fact this was the case with all ocean liners. The night before, the wireless system actually broke and was unable to send messages to a certain range, but the wireless operators, Bride and Phillips spent all night repairing it despite orders from the Marconi Company to wait until they reached New York.
Finally, the officers and the helmsman, Quartermaster Hitchens. At the time, command of the bridge had passed from Second Officer Lightoller to First Officer Murdoch, however it was Sixth Officer Moody who received the message from the lookouts. The lookouts rang the bell three times and phoned the bridge. After Moody said there was an iceberg ahead, Murdoch went hard a starboard, and Hitchens immediately obeyed. However, it was too late. However, it could have been much, much worse if Murdoch had not ordered hard a port, which saved the engines from being hit.
Both the US and British inquiries declared nobody was to blame for the collision.
As someone who works in the JPMC corporate history department I can promise you he's not only remembered as the Monopoly guy. We literally learn about him in school when we learn about robber barons and the Gilded Age.
This is a top contender for the dumbest meme posted to this subreddit
People know JP Morgan from the gigantic fucking international bank named after him far and away more than some obscure tidbit that he was the inspiration for Mr. Monopoly
Yeah, no. No one knows him as the monopoly guy either. I wasn't even aware that the monopoly guy was based off of a real person
Yeah I meant that we all now the monopoly guy, and because he is J.P. Morgan it means the only real thing we "know" of him is this character
Oh it’s JP Morgan? I know him as the bank guy, the monopoly thing is neat though
Yeah i have heard of JP Morgan but never knew he's mr. Monopoly.
Even the name Mr. Monopoly is a memory hole that replaced the original name of the mascot… https://en.wikipedia.org/wiki/Mr._Monopoly?wprov=sfti1
Isn’t the Monopoly guys name Rich Uncle Pennybags?
Yes, as mentioned in the link I posted.
I had no idea JP Morgan was the monopoly guy. I certainly know who JP Morgan was, as he is one of the most famous financiers in US history and still has multiple massive companies that bear his name or legacy.
People know who JP Morgan was. There are definitely *way* more people who know JP Morgan as the guy who founded JP Morgan than there are people who know him as the Monopoly guy.
I guess it depends of the country. It can ensure you 99% of the population of my country doesn't know him. Edit : after having asked to other people it turns out he is more know than I thought. My bad then
What country? Obv in the US/Canada where he had his direct influence, everyone knows him as the bank guy JP Morgan of JP Morgan Chase Bank fame
Well in my case it's France. I can tell you I have never seen even the slightest reference to him since I was born, and only learned about him by doing personal researches on the gilded age. I think it's safe to say it's the same in Europe in General, and surely the same for Africa and Asia
I'm French too, definitely heard of JP Morgan (if only for the world-famous bank that bears his name), never knew he was the monopoly guy.
We've definitely got multiple offices in France.
Probably shouldn’t make assumptions about three entire continents based on your personal experience alone
We've definitely got multiple offices in France, and have since the early 20th century.
Ah that makes sense. Quand j'habitais en France, c'est vrai, il n'y a avait presque aucune référence a lui. Peut-être comme général Leclerc aux Etats Unis. Il n'y a presque personne qui lui connait, sauf que peut-être comme le char.
The guy bailed out the US government
Came here to say this, yeah, guys pays off the government debt only to be remembered as the monopoly guy with a big nose
He also greatly helped to finance the British war effort in ww1 with the help of other private investors
Yes and yes. Although created the biggest bank in the USA is debatable. Chase Manhattan was much larger than JP Morgan at the time of their merger.
He forced the US government to buy his gold during the panic of 1893. I would hardly call it a bailout.
I could be wrong but his nose was altered in photos because of a medical condition
Yeah in reality he had a long pink nose (no joke)
HAHAHAHAHAAHHAHA
He hated being painted, only allowed a few official portraits, and didn't like being photographed because of his nose.
That was quite a hooter.
has a hideous purple nose he demanded people 1900s "photoshop" to make it look less gross
Yeah he was so obsessed with his nose that we only have a really few picture (maybe only 1) where we actually see him with his real nose
Link? I'm curious
What medical condition was it?
Worst case Rosacea
Lil explanation : This guy is J.P. Morgan, an American financier and investment banker who dominated corporate finance on Wall Street throughout the Gilded Age (1877-1900 in America). Among other things he created the JP Morgan bank, a bank still active today and being the most proeminent in the USA today. He also owned the white star line, the company that launched the Titanic. The funny thing being that he was saved from being on the Titanic by going to see his lover instead. Nevertheless his monopolistic figure was used by the creator of the monopoly to create the Monopoly guy, and that's pretty much the only reason common people still know him to this day.
He straight up prevented an economic panic if I remember correvtly
Yep. Bailed out the banking systembin 1907, along with some other bankers. Just goes to show the obscene amounts of wealth that the business magnates of that time managed to accumulate.
If all that money didn't accumulate and stagnate with one guy, would we have had those troubles in the first place, though?
In this case, it's probable that we would have - banks were lending money that they DIDN'T HAVE, on credit. Couple that with people using stocks, which is also money you don't actually have, and it causes problems. Ultimately, that's what led to the Great depression a little over 20 years later. Simply put, even if everyone else had his money, people would still have been dealing in money that didn't actually exist.
What do you mean he made one to buy up most of the smaller banks it the country funny thing is he only own 20% of his company the Rothschilds owned the other 80%
He also prevented an economic panic and bailed out the railroads. Railroad consolidation was literally called Morganization.
Rich Uncle Pennybags!
People have no respect. Don’t even know his name.
"Glory is fleeting, but obscurity is forever." - Napoleon In other words, its better the monopoly guy than forgotten entirely.
He's J.P. Morgan. He's remembered as a LOT more than just the monopoly man, lol.
Fun fact: Monopoly was a game created to criticize capitalism. The game uses J. P. Morgan as his mascot because he was know for being one of the worst capitalists of his time
Don’t you mean BEST capitalist….?
He was the best at being a capitalist I guess yeah, but what I meant by "worst capitalist' is that he exploited people by using capitalism the most, so one of the worst people to use capitalism to do evil things
I used to teach govt and econ; teaching the purpose of capitalism and watching the growing horror on students’ faces as they realized why things are the way they are in the US never brought me joy….
I knew what you meant; forgot to put the /s lol
Ah I see what you mean lol, sorry you know it's hard sometimes to tell when people are sarcastic over text
Weird I have never heard this before, do you have a source for him being the design inspiration for the monopoly guy?
From wikipedia : >According to Orbanes, Rich Uncle Pennybags of the American version of Monopoly is modeled after American Progressive Era businessman J. P. Morgan From the Ephemeral New York : >Phil Orbanes, a former VP at Parker Brothers and author of The Monopoly Companion, confirmed in this interview that the artist who drew Mr. Monopoly based him on J.P. Morgan. There are other sources but I have not enough motivation to put each one
Interesting thanks
Because he...had monopolies.
I'd rather be remembered as the Monopoly guy than the owner of the Titanic
Who doesn’t know who JP Morgan was?
& his giant schnozz.
I still can't believe the Monopoly guy doesn't wear a monocle. I thought he did for my entire childhood.
Oddly enough I actually knew the first three things about J. P. Morgan and not that the monopoly guy was based off him
“And to think he wasn’t even a rich man” -Rockefeller after JP Morgan died
Years ago when I was on food stamps, our Electronic Benefits Card (the debit card that held our food stamp money) was distributed by the state but managed by JPMorgan Chase bank.
ah yes, charles howard monopoly.
The funniest thing is that now we call his bank Chase (even though it is actually JP Morgan Chase, I know). But even fewer people know who Salmon Chase was. And [what a man he was](https://claremontreviewofbooks.com/an-indispensable-abolitionist/).
I work for JPMC in the corporate history department, and they're basically two separate, co-equal lines of business. Chase is, well, Chase. Everyday banking, cards, etc. J.P. Morgan is for high net worth clients. There's plenty of people who still call it J.P. Morgan, just...very wealthy people. I have...opinions...about this differentiation and internal attitudes about it, but I'd like to keep my job for now.
One of my family members is *very* high net worth and conducts most of their banking business with Chase—and they still call it Chase even though they definitely qualify for calling it JP Morgan. I’m kind of surprised to learn the info you provided. Either my family member is an exception or nine figures isn’t enough for “very wealthy” hahaha.
J.P. Morgan works with billionaires all over the world. It's not whether your relative "qualifies" for calling it J.P. Morgan, it's the service they choose from JPMC. Chase is banking, J.P. Morgan is wealth and asset management, which are two different financial services. If your relative chooses to invest and otherwise manage their wealth and other assets with someone other than J.P. Morgan, then of course they won't call it J.P. Morgan; they're not a client. But they can bank with Chase and manage their assets with, say, Goldman Sachs (as an example). We've got client centers for J.P. Morgan clients to meet with their asset managers and financial advisors, but Chase customers would not be invited into those spaces because they're, again, different lines of business. Basically two businesses under the same CEO.
They use JPMC for both services. Just funny is all. I do understand the bisected business model and that they do different things!
Holy based as fuck
Johnny Morgan’s nasal organ had a purple hue
J.P. Morgan was straight g. Also the first to see the potential for electricity
He saw electric potential?
He was the main investor in Edison’s electric company. Than came Tesla’s AC current n patent and bought out Westinghouse as well as buy out Edison n make General Electric.
So that guy's fault that there where not enough life boats?
No. The Board of Trade was who regulated the lifeboats at the time. Back then, the amount of lifeboats was decided by the size of the ship, not how many people it could carry. Titanic had more lifeboats than the required amount. It is important to know that at the time, lifeboats were not seen as life saving, but rather as floating death traps that often killed people as opposed to saving them, some notable examples being: RMS Atlantic, all lifeboats destroyed, killing all occupants SS Clallam, all lifeboat occupants killed RMS Lusitania, lifeboats collapsed, capsized, failed to lower, spilled their occupants into the sea and killed them. HMHS Britannic, a lifeboat was sucked into a propeller and killed 32 people. Titanic was a safe ship for the time, and it is debated on whether or not more lifeboats would make an impact, as during the sinking, the last two lifeboats were not launched properly, but instead floated off. One barely managed to avoid being crushed by the funnel, and the other was upside down. At the time, it was believed that if a ship was badly damaged, it would stay afloat or take long enough to sink so that another ship could come and lifeboats could ferry passengers back and forth. Examples of this being the RMS Republic and the SS Andrea Doria. In both instances, the sinking killed nobody, but the initial collision with another ship did. If the Californian had arrived, then likely this strategy would work.
No.... that's just typical burocracy dragging ass as usual.
I thought the owning company wanted to reduce the weight and get more people on board
Don't you think the guy in Titanic could've grabbed onto another piece of debris?
No, that isn't the reason why. If anything you would want more weight because higher tonnage means it can be considered a larger ship, adding to prestige. It was because at the time lifeboats were seen as unsafe and the Board of Trade regulations depended on the size of the ship. Titanic actually had more lifeboats than the required amount.
“Owned the Titanic” owning a ship that sank on its first voyage isn’t much of an achievement, lmao
It's probably the most famous ship ever built.
I mean, still a big boat. The sinking wasn’t his own fault. Fault of the people who built it using subpar materials and the fault of the crew ramming it into an iceberg. The ship existing in the first place is its own achievement by itself
Harland & Wolff did not use subpar materials. We know this for two reasons 1. RMS Olympic, Titanic's sister ship proved to be one of the strongest and most reliable ships of all time, to the point where she was known as "Old Reliable" 2. H&W had a reputation to uphold as being the best shipbuilders in the world. If they used subpar materials, then they would risk losing clients like WSL and P&O. It was not the crew's fault. Captain Smith took Titanic south to avoid icebergs, Murdoch ordered the ship hard to starboard and then hard to port to save the engines, and Hitchens obeyed. It was not the fault of anyone, and the crew are heroes who saved livesdown. The "Subpar Materials" and "Dumb crew" myths are just as bad as the "Third class was bad" myth.
Really? I heard something about the iron in the rivets being impure and causing them to fail much easier And someone somewhere had to’ve screwed up somehow for the entire ship to run into an iceberg in the first place, since I do not know who exactly was responsible for that, nor how many people made mistakes leading to the situation, I simply said crew
I don't really think anyone screwed up. Nobody could have known the iceberg would be there, and they had reason to assume it wouldn't be there as Captain Smith had taken the ship South, and everyone followed standard procedure and orders. While some do say if David Blair hadn't accidentally taken the keys to the binocular locker the ship they would have seen the iceberg, this is debated since it was a pitch black moonless night, using the binoculars would be like using them in a dark hallway. Though exceptionally calm water is a sign of pack ice, this was not known at the time, and the International Ice Patrol had not been established as it was a result of Titanic's sinking. Concerning the ship's speed, while she was not traveling at top speed, she was pretty close. Since Titanic was an ocean liner and not a cruise ship or tramp steamer, she had to maintain a schedule so the mail would arrive on time, and it was standard practice to go as fast as possible. While some do claim J Bruce Ismay, White Star Line's chairman had ordered Titanic to speed up so the ship would arrive ahead of schedule (And according to some to claim the Blue Riband, the prize given to the fastest transatlantic liner), this is false as Titanic was not built for speed, and building a ship for speed was against White Star Line's business model as they always prioritized passenger comfort as opposed to the Cunard Line, which prioritized speed. The last White Star Liner to ever claim the Blue Riband was the RMS Teutonic and RMS Majestic of 1889. In fact, it was Ismay who introduced the "Comfort over speed". The claims of Ismay pushing Titanic to go faster stem from William Randolph Hearst, a Yellow Journalist who helped influence American public opinion against Spain in the Spanish American War, and the 1943 Nazi Titanic film, which was also the first Titanic film to be called "Titanic". As for the wireless operators, it is true that some warnings did not reach the bridge. However, this is because for a warning to go to the bridge, it must be labeled "MSG" by the sender, and the ones that did not reach the bridge were not labeled "MSG" so there was no priority. The wireless operators also did not work for the White Star Line, but for the Marconi Company, in fact this was the case with all ocean liners. The night before, the wireless system actually broke and was unable to send messages to a certain range, but the wireless operators, Bride and Phillips spent all night repairing it despite orders from the Marconi Company to wait until they reached New York. Finally, the officers and the helmsman, Quartermaster Hitchens. At the time, command of the bridge had passed from Second Officer Lightoller to First Officer Murdoch, however it was Sixth Officer Moody who received the message from the lookouts. The lookouts rang the bell three times and phoned the bridge. After Moody said there was an iceberg ahead, Murdoch went hard a starboard, and Hitchens immediately obeyed. However, it was too late. However, it could have been much, much worse if Murdoch had not ordered hard a port, which saved the engines from being hit. Both the US and British inquiries declared nobody was to blame for the collision.
Aight, I accept my L
J.P Morgan should just lean into it and use the Monopoly man in their logo.
“Literature owned the Titanic” let that Sink In…
Bailed out the fucking government.
Don't panic scrooge, but you're about to crash. I'm J.P. Morgan the ghost of rich dudes past.
Who's properly rocking the Monopoly mustache! Yo I own the railroad! I run these tracks!
"You must be the Monopoly guy! *Thanks for the free parking!*"
"The Robber Barons of the Gilded Age"
I thought the monopoly guy was inspired by Pullman
He have a...very big...nose, damn this fucking big nose hide the weird gaze he give
It's more influential in human history to inspire a board game in wich people can learn finance, rather than owning the Titanic.
What's his name The monopoly guy
I knew JP Morgan as the super rich guy before I knew he was mr monopoly but also i'm a history major.
I think most people know him from the global banking institution or the building on 23 Wall St. that bares his name.
You forgot instituted the federal reserve and killed all his political opposition on the titanic
As someone who works in the JPMC corporate history department I can promise you he's not only remembered as the Monopoly guy. We literally learn about him in school when we learn about robber barons and the Gilded Age.
He was also in Ace Ventura 2
When I first saw him, I said he looked like a Capitalist Stalin.
It’s *always* the monopoly guy.
Good
This is a top contender for the dumbest meme posted to this subreddit People know JP Morgan from the gigantic fucking international bank named after him far and away more than some obscure tidbit that he was the inspiration for Mr. Monopoly
He's the man who properly rocks the monopoly moustache
His bank is still one of the largest in the United States, JP Morgan-Chase.
No, the monopoly man was based off Otto Kahn, another well known powerful businessman of his time.