4.6 out of 5
| Language | : | English |
| File size | : | 2331 KB |
| Text-to-Speech | : | Enabled |
| Screen Reader | : | Supported |
| Enhanced typesetting | : | Enabled |
| Word Wise | : | Enabled |
| Print length | : | 898 pages |
Early Life and Career
Andrew Carnegie was born on November 25, 1835, in Dunfermline, Scotland. His father, William Carnegie, was a weaver, and his mother, Margaret Morrison Carnegie, was a devout Christian. The family was poor, and Carnegie had to work at a young age to help support them.
In 1848, the Carnegie family immigrated to the United States, settling in Allegheny, Pennsylvania. Carnegie found work as a bobbin boy in a cotton mill, and he quickly rose through the ranks, becoming a foreman at the age of 18.
In 1861, Carnegie quit his job at the mill and started his own business, the Keystone Bridge Company. The company was successful, and Carnegie soon became a wealthy man.
The Steel Industry
In 1873, Carnegie entered the steel industry, buying a stake in a small steel mill in Braddock, Pennsylvania. He renamed the mill the Edgar Thomson Steel Works, and he quickly expanded its operations.
Carnegie was a brilliant innovator, and he introduced many new technologies into the steel industry. He also used vertical integration to control the entire steel production process, from mining the ore to shipping the finished product.
By the end of the 19th century, Carnegie was the largest steel producer in the world. His company, Carnegie Steel Company, dominated the American steel industry.
Philanthropy
Carnegie was a generous philanthropist, and he donated millions of dollars to charities and educational institutions. He believed that the wealthy had a responsibility to give back to society.
In 1901, Carnegie established the Carnegie Institution of Washington, a non-profit organization dedicated to the advancement of education and research. He also funded the construction of public libraries and concert halls around the world.
Later Years and Death
Carnegie retired from business in 1901, and he spent the rest of his life traveling, writing, and donating money to charity. He died on August 11, 1919, at the age of 83.
Legacy
Andrew Carnegie was one of the most influential figures in American history. He was a brilliant industrialist who transformed the American steel industry. He was also a generous philanthropist who made significant contributions to education and culture.
Carnegie's legacy lives on today in the many institutions that he founded, including the Carnegie Institution of Washington, the Carnegie libraries, and the Carnegie concert halls.
Andrew Carnegie was a complex and fascinating man. He was a gifted industrialist, a generous philanthropist, and a devoted Christian. His legacy continues to inspire people around the world.
