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In the early 1900s, there was a vast amount of wealth concentrated in natural resources like oil, steel, and railroads. Regulators and governments view JP Morgan not just as a company, but as a systemically important financial institution (SIFI). Living under a perpetual media spotlight requires security measures, limiting personal freedom and adding an extra layer of expense. Through various family holding vehicles and discreet investments, he has diversified into real estate, technology startups, and media. This period of hyper-productivity and mass adoration provided the initial, crucial capital that allowed him to weather the storms of industry change.
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