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Published in 1922, Fitzgerald's second novel chronicles the relationship of Anthony Patch, Harvard-educated, aspiring aesthete, and his beautiful wife, Gloria, as they await to inherit his grandfather's fortune. A devastating satire of the nouveaux rich and New York's nightlife, of reckless ambition and squandered talent, it is also a shattering portrait of a marriage fueled by alcohol and wasted by wealth. The Beautiful and the Damned, Fitzgerald wrote to Zelda in 1930, "was all true."

Anthony Patch, a young yet unambitious graduate from Harvard University, moves to New York and soon meets fellow socialite and flapper, Gloria Gilbert. Infatuated by her beauty, Anthony soon proposes to Gloria, and the pair embark on a doomed whirlwind romance. Their marriage is combative and tense; Anthony expects Gloria to be more domesticated while Gloria expects Anthony to fund her extravagant lifestyle.

The novel tells the story of Anthony Patch (a 1920s socialite and presumptive heir to a tycoon's fortune), the relationship with his wife Gloria, his service in the army, and his alcoholism. At once a morality tale, a meditation on love, money and decadence, and a social document, the novel provides an excellent portrait of the Eastern elite as the Jazz Age begins its ascent, engulfing all classes into what will soon be known as Café Society.

Anthony Patch is the idle heir to a vast fortune. His wife, Gloria, dazzles society with her good looks. Satisfied by privilege and beauty alone, they are beholden only to the "magnificent attitude of not giving a damn." When Anthony’s inheritance is withheld, it causes an irreparable rift in their marriage, threatening their fragile paradise. Oblivious to their future, he and Gloria have little left to define themselves but their ever-receding pasts.