An American banker who played a major role in the rise of modern global finance after the American Civil War. As the dominant partner of Drexel & Co. of Philadelphia, he founded Drexel, Morgan & Co (later J.P. Morgan & Co.) in New York in 1871 with J. P. Morgan as his junior partner. He also founded Drexel University in 1891.He was also the first president of the Fairmount Park Art Association (now the Association for Public Art), the nation's first private organization dedicated to integrating public art and urban planning.
