Millionaires don’t use astrology. Billionaires do
Grok. Did JP Morgan say “Millionaires don’t use astrology. Billionaires do"?
A: The quote "Millionaires don’t use astrology. Billionaires do." is widely attributed to J.P. Morgan, the famous American financier and banker. However, there is no definitive evidence that he actually said it. The earliest known mention of this quote appears in a 1989 book by astrologer Sydney Omarr, over 75 years after Morgan’s death in 1913, which raises doubts about its authenticity. Some suggest Omarr may have fabricated or popularized it for dramatic effect, possibly inspired by Morgan’s documented interest in astrology.
That interest is supported by Evangeline Adams, a prominent astrologer who claimed in her 1926 autobiography, The Bowl of Heaven, that she taught Morgan astrology and provided him with regular horoscope readings during the later years of his life. She said he used
her insights for business and market decisions and described offering him a "regular service" analyzing planetary positions and their potential impacts on business, politics, and the stock market, which he renewed annually. This suggests Morgan valued astrology, at least privately, even if he never publicly made such a statement.
On the other hand, archivists at the Morgan Library in New York have found no documents confirming his use of astrology, and no contemporary records from Morgan’s lifetime include this quote. It’s possible the saying emerged as a modern embellishment of his known consultations with Adams. Without a primary source from Morgan himself,
it’s uncertain whether he said it, but the idea aligns with anecdotal evidence of his engagement with astrology as a tool for decision-making.
How successful was JP Morgan in business?
J.P. Morgan was
extraordinarily successful in business, becoming one of the most influential and powerful financiers in American history. Born in 1837 into a wealthy banking family, he leveraged his
intellect, connections, and strategic vision to build an empire that shaped modern industry and finance. His success can be measured through his wealth, the companies he created or saved, and his lasting impact on the economy.
His success wasn’t just in deal-making. During financial crises, Morgan’s wealth and reputation allowed him to act as a one-man central bank before the Federal Reserve existed. In the Panic of 1893, he helped stabilize the U.S. economy by arranging loans to shore up the gold reserve. Again, in the Panic of 1907, he personally led a coalition of bankers to rescue failing institutions, averting a deeper collapse. These interventions earned him both praise and criticism—he was hailed as a savior of markets but also seen as wielding unchecked power.
Are there other successful billionaires with a taste for astrology?
While J.P. Morgan is the most famous historical billionaire linked to astrology,
several other ultra-wealthy individuals have shown an interest in it, though evidence is often anecdotal or based on their behavior rather than explicit statements. Astrology’s appeal among the elite often stems from its use as a
decision-making tool or a way to navigate uncertainty, and some billionaires have either consulted astrologers or displayed a curiosity about cosmic influences
One modern example is Elon Musk, the world’s richest person as of early 2025, with a net worth exceeding $400 billion. Musk, a Cancer born June 28, 1971, hasn’t publicly confirmed using astrology, but his eccentric personality and cryptic social media posts hint at an openness to unconventional ideas. In 2021, he tweeted about “fate” and planetary alignments in a way that sparked speculation among followers, though it could’ve been tongue-in-cheek.
His choice of launch dates for SpaceX missions—like the Falcon Heavy launch on February 6, 2018—has led some astrologers to suggest he might time events with favorable planetary transits, such as Mars (ruler of ambition) being prominent. No hard proof exists, but his fascination with the cosmos makes it plausible he’s at least intrigued by astrology.
