JAY GOULD “THE MAN OF

MONEY”

By Flavio Lupo and Lorenzo Bucciarelli

 JAY GOULD BIOGRAPHY

• Jay Gould was born on May 27,1836 and died on December 2nd 1892.Jay
Gould is best known as Americas top railroad developer and American
financer.Born into poverty he was seeking for more than farming in life,
therefore he became an investor in railroad and quickly became a master in
financial dealings.He quickly learned the rule of Business, Gould is part of the
small group of men that will change US History and take US to a level of
greatness. He is also known as one of the kings of wall street.
 H O W D I D J AY G O U L D
A C Q U I R E H I S W E A LT H
& T R E AT H I S WO R K E R S?

• Jay Gould was known as a power on

Wall Street because of his success in
investing in railroad stocks.In 1867, he
became director of the Erie
Railroad.He bought large pieces of
Union Pacific Railroad stock and made
it his responsibility to control the
railroad.He continued to purchase
additional railroad lines for his own,
making his railroad empire the largest
in the United States by 1881; it covered
15% of the United State's railroad
mileage.Jay Gould pushed his workers
to excel at their job to be the best they
can be in business world.
 H OW D I D J AY GOUL D
SPEND H I S MONEY ?

• Jay Gould worked hard on managing companies and

trying to integrate his railroad companies.In 1872, Jay
Gould began buying large blocks of stock in Union
Pacific Railroad Company.Gould conspired with others
to control the gold market by buying all the gold
available in New York City.However, he made a fortune
off of his gold transactions.He became an investor on
Wall Street and became masterful in financial dealings.
 HOW HE DONATED HIS
MONEY

• Jay Gould was clever enough to contribute his money to Opera house
because the Other rising industrialists were already donating enough to
Charity.So Gould tried out something new. On January 1869 Gould and Fisk
brought the Pike ‘s theater and renamed it Grand opera house.The Grand
Opera house became a place for amusement and the most valuable piece of
theatrical property in the city for several years because there was no
competitor on the west side
 WH Y WAS H E
BETTER TH AN
OTH ER “R OBBER
BAR R ON”

• Jay Gould is better than other Robber Barron

because he succeeded in creating railroads and
communication system that led to the expanding of
the nation.Jay Gould was like a chess master who
usually had hold his position well enough so that
he is a move or two ahead of everyone.He knew
that the nation had to be built and brought up to
the top because after all the civil war brought a lot
of Damages to the nations economy. In order to do
this he treated his workers in such way that they
would not grow lazy and their laziness would not
prevent the nations economy from moving
forward.For Gould the meaning of life can be
expressed in simple formula wealth equals
success.”“Purred like a cat and struck like a
cobra”Which Made him one of the most successful
industrialist of his era.Jay Gould

C O N CLU SION -WAS HE A RO B BE R
B A RRO N O R C A P TA IN O F
I N D U STRY?
• Jay Gould was a captain of Industry even
though history depicts him as a robber Barron.
Gould did not have the best reputation,infact
he at point was considered the most disliked
person of his era, but during this time its not
Honor that most men seek its money and
profit that matters and Gould knew exactly
how he can acquire wealth in a age of scandal
and corruption.His harsh and Ruthless behavior
prevented others from dominating him because
if you are weak then someone will dominate
you and take you over, Failure is not a option
it’s a time where everything is about winning
which led Gould into creating vast amount of
wealth that benefited him and the
country.When comparing Gould to other
entrepreneurs of his era Gould may seem like
the worst one of all. This is because he never
received credit for his enormous
contributions.Unlike other industrialist Gould
was clever and skillful. he brought stocks that
were low and made great fortune out of it. For
example when he first bought the union Pacific
railroad the stocks were quite low but he then
added two main system and eventually the
price of railroad went up.