Morgan was born in Wilkes-Barre, Pennsylvania, where he prepared at The Hillman Academy.
He graduated from Princeton University in 1920, and shortly thereafter became the youngest CPA in Pennsylvania.
[1] In the 1920s, Morgan raised $100,000 from relatives and business people to create what he believed to be a stable investment portfolio.
[citation needed] In 1951, Morgan hired John C. Bogle who became his heir at the company.
This article about an American businessperson born in the 1890s is a stub.