Did J.P. Morgan Truly Claim “Millionaires Don’t Use Astrology, Billionaires Do”?

J.P. Morgan did not actually say, “Millionaires don’t use astrology, billionaires do.” This phrase appears to be a later fabrication, likely created by astrologer Sydney Omarr in 1989. However, the quote draws on Morgan’s genuine interest in astrology.

Morgan’s fascination with astrology is well documented, particularly through the accounts of Evangeline Adams, a noted astrologer of his time. She stated that she taught Morgan astrology and provided him with regular horoscope readings. Morgan sought her insights on matters like politics, business, and the stock market during the final years of his life.

Initially, Morgan approached astrology with curiosity and a measure of skepticism. At their first meeting, he inspected Adams’s studio carefully, revealing his cautious stance. Over time, this skepticism diminished as he engaged further with her astrological services.

Further evidence of Morgan’s belief in astrology includes his invitation to Adams to join him on his yacht for an occult investigation in the Orient. Morgan intended to explore ancient occult practices scientifically during this trip. Although Adams declined, this invitation highlights Morgan’s serious interest in mysticism and astrology.

Despite his genuine engagement with astrology, there is no reliable record of Morgan expressing or endorsing the popular quote linking billionaires and astrology. It likely serves as a modern myth that connects Morgan’s legacy with popular interest in wealth and esoteric knowledge.

• The quote about millionaires and billionaires using astrology is not authentic.
• J.P. Morgan sincerely used astrology, guided by astrologer Evangeline Adams.
• Morgan’s interest went beyond casual; he sought scientific occult knowledge.
• The quote reflects a modern myth inspired by historical facts about Morgan’s beliefs.