Andrew Carnegie (1835 – 1919)

Andrew Carnegie was one of the most influential and successful entrepreneurs of the 19th century. He built an empire of steel that revolutionized the way people lived and worked, and his impact is still felt today. But Carnegie wasn’t always a titan of industry. Born in Scotland in 1835, he moved to America as an immigrant in 1848, where he worked his way up from nothing to become one of the richest men on earth. His rags-to-riches story is still inspiring generations today — here’s a comprehensive biography about Andrew Carnegie and his life story.

Andrew Carnegie's Early Life

Andrew Carnegie was born in Dunfermline, Scotland in 1835. His family was poor and his father worked as a handloom weaver. When Andrew was thirteen, his family immigrated to the United States in search of a better life. They settled in Allegheny, Pennsylvania.

Andrew began working at a local cotton mill. He later became a telegrapher and then went into business for himself. In 1865, he formed the Keystone Bridge Company. He also invested in oil and railroads. By the early 1870s, Andrew Carnegie had become one of the richest men in America.

In 1901, Andrew Carnegie sold his steel business to J.P. Morgan for $480 million. He retired from business and devoted himself to philanthropy. He gave away millions of dollars to build libraries, fund schools and colleges, and support other causes he believed in. Andrew Carnegie died in 1919 at the age of 83.

His Time in America

Andrew Carnegie was born in Scotland in 1835 and emigrated to the United States with his family in 1848. He started work as a telegraph operator at the age of 13, and quickly rose through the ranks of the Pennsylvania Railroad Company. In 1865, he founded the steel company Carnegie Steel, which became one of the largest and most profitable businesses in America. In 1901, he sold Carnegie Steel to J.P. Morgan for $480 million, and retired from business.

Carnegie devoted the remainder of his life to philanthropy, giving away more than $350 million to various charitable causes. He also founded several institutions, including the Carnegie Corporation, Carnegie Endowment for International Peace, and Carnegie Mellon University. He died in 1919 at the age of 84.

His Business Ventures

Andrew Carnegie's business ventures were wide-ranging and often very successful. He started out in the railroad business, and then moved into the steel business. He was also involved in the oil business and the banking business. He was a very savvy businessman, and made a lot of money from his various businesses.

His Philanthropy

Andrew Carnegie's philanthropy was legendary. He donated millions of dollars to charitable causes, including libraries, schools, and hospitals. He also helped fund the construction of the Panama Canal. Carnegie believed that it was important to give back to society, and he did so in a very generous way.

His Death

Carnegie died at his last home, Shadow Brook, in Lenox, Massachusetts, on August 11, 1919, at the age of 83. He had been in declining health for several years and had suffered a number of strokes. Prior to his death, he had given away most of his fortune to various philanthropic causes.

Conclusion

Andrew Carnegie is a man who rose from poverty to become one of the wealthiest businessmen in history. His inspiring story is a reminder to us all that with hard work and dedication, anything is possible. Andrew Carnegie's legacy lives on today through his businesses and philanthropy, which have helped shape the modern world in unimaginable ways. His life serves as an example for everyone aspiring for success and shows us how rewarding it can be when you pursue your dreams no matter what obstacles stand in your way.

Early life

Andrew Carnegie was born in Dunfermline, Scotland on November 25, 1835. His family had been weavers but his father, William Carnegie, had moved to work in a linen factory. When Andrew was thirteen, his father lost his job and the family decided to move to America. They arrived in Pittsburgh, Pennsylvania in 1848.

The family lived in a small rented house and Andrew started working at a bobbin factory. He later got a job as a telegraph messenger boy. He was promoted quickly and became the private secretary of Thomas A. Scott, the superintendent of the Pennsylvania Railroad Company. When he was twenty-one, Carnegie quit his job with the railroad company and started investing in iron furnaces and oil fields.

Rise to prominence

Andrew Carnegie was born in Dunfermline, Scotland in 1835. His family immigrated to the United States in 1848, settling in Allegheny, Pennsylvania. Carnegie began working at age 13 in a cotton mill and later became a telegraph operator. He saved his money and invested it wisely, eventually amassing a fortune.

Carnegie's business career began as a railroad superintendent. He went on to invest in steel production and oil refining. He also founded several philanthropic organizations, including the Carnegie Corporation of New York, the Carnegie Endowment for International Peace, and the Carnegie Museums of Pittsburgh.

Carnegie's legacy is one of great wealth and philanthropy. He is remembered as one of America's most successful businessmen and generous donors.