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Jason Gould (Jay Gould)

Born: 1836 AD
Died: 1892 AD, at 56 years of age.

Nationality: American
Categories: Businessmen


1836 – He was born on the 27th day of this year in Roxbury, New York.


1852 – He studied at the Hobart Academy, but left at age 16 to work for his father in the hardware business.


1856 – He published the History of Delaware County, New York.


1863 – He married Helen Day Miller (1838-1889) of this year and had six children.


1869 – In August of this year, he and Fisk began to buy gold in an attempt to corner the market, hoping that the increase in price of gold would increase the price of wheat such that western farmers would sell, causing a great amount of shipping of breadstuffs eastward, increasing freight business for the Erie railroad.


1879 – He started to build up a system of railroads in the midwest by gaining control of four western railroads, including the Union Pacific and the Missouri Pacific Railroad.


1880 - He was in control of 10,000 miles (16,000 km) of railway, about one-ninth of the length of rail in the United States at that time.


1882 - He had controlling interest in 15% of the country's tracks.


1883 – He withdrew from management of the UP this year amidst political controversy over its debts to the federal government, realizing a large profit for himself.


1892 – He died of tuberculosis on December 2nd of this year and was interred in the Woodlawn Cemetery in The Bronx, New York.


Page last updated: 11:16am, 26th Apr '07