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John Adams Morgan Net Worth, Biography & Wiki 2017
John Adams Morgan was born in 1930. He is a business person, best known as a descendant of famous banker J. P. Morgan who was one of the most powerful Americans in the 19th and 20th century. Thanks to his successful family business, John Adams Morgan’s net worth significantly improved.
Have you ever wondered how rich John Adams Morgan is, as of mid-2016? According to authoritative sources, it has been estimated that Morgan’s net worth is as high as $100 million, an amount earned through his successful career as a banker. In addition to continuing his family business, Morgan also inherited a considerable amount, which improved his wealth further, as his father Henry Sturgis Morgan, was a founder of Morgan Stanley, a big player in multi-national financial services.
John Adams Morgan Net Worth $100 Million
John Adams Morgan is a descendent of a noted family of bankers, that had its roots in the 17th century in Wales. He is a great-grandson of J. P. Morgan on his father’s side, one of the most influential businessmen in America’s history. On his mother’s side, John Adams Morgan is a great-great-grandson of American President John Adams.
However, Morgan is also well-known as a socialite, and as the ex-husband of Sonja Morgan, a cast member of the TV series “The Real Housewives of New York”. A lot of controversies have been associated with the couple even after their separation in 2006 and divorce in 2008, and that story is probably more interesting than their business careers. They first met at the Italian restaurant in Manhattan, New York City called San Pietro, where Sonja was working as a hostess and a public relations guru for the restaurant. Although Morgan is 33 years older than her, the couple married in 1998, and have a daughter named Quincy together.
However, they separated in 2006 over financing of the movie “Fast Flash to Bang Time”, with John Travolta in the leading role, as supposedly The Sonja Productions, Sonja’s company, promised to pay for financing the film, but she failed to do so, and subsequently lost $7 million after a lawsuit against her. Sonja divorced Morgan in 2008, and the pair reached a settlement of $300,000 for child support and $3 million as a part of the agreement to her. John Adams Morgan never gave her the money, because he claimed that he was forced to pay more than was stated in a supposed prenup agreement.
Sonja Morgan filed for bankruptcy in 2011, and while John Adams Morgan is living on a private island valued at $19 million near Connecticut, she still didn’t receive any money from the $3 million apparently allocated to her. Also, she is prohibited from visiting, using, or selling the properties they still co-own.
As to Morgan’s personal life, obviously nothing is private, a classic case of dirty laundry being aired in public.