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Was Jacob Henry Schiff poor as a child?

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Relevant answers:

Was Henry VIII poor or rich?
Henry was quite poor at his start of his life but then got more money first by taking taxes from the church instead of giving them to the pope he got them. Another way was to sell the church land and...
What was the name of Henrys 1st child?
Mary or latter on Bloody Mary
Who was Henry VIII eldest child?
Mary of Queen Katherine of Aragon(Henreys first and legit wife.
Who was the youngest child of Henry VIII?
Edward VII, his son by Jane Seymour, unless he had any illegitimate children after that.
How can a student help a poor child?
Currently, students can sponser a child over seas and send money, especially through Caritas, become pen pals and send encouragment, or, alternatively many schools have programs to benefit...