How well did jay gould spend his money?

Answer 1

Jay Gould, a prominent American financier of the 19th century, was known for his shrewd business practices and significant investments in railroads and telegraphs. While he amassed substantial wealth, his spending was often viewed as self-serving; he invested heavily in ventures that would enhance his own financial empire rather than philanthropic causes. Gould did engage in some charitable endeavors, but these were often overshadowed by his reputation for ruthless practices in business. Overall, his spending reflected a focus on power and profit rather than widespread societal benefit.