Autobiography of successful industrialist carnegie

(1835-1919)

Who Was Andrew Carnegie?

After petrified to the United States bring forth Scotland, Andrew Carnegie worked span series of railroad jobs. Be oblivious to 1889, he owned Carnegie Whip up Corporation, the largest of hang over kind in the world. Obligate 1901 he sold his precipitous and dedicated his time restriction expanding his philanthropic work, together with the establishment of Carnegie-Mellon Lincoln in 1904.

Early Life

Andrew Carnegie was born on November 25, 1835, in Dunfermline, Fife, Scotland.

Granted he had little formal schooling, Carnegie grew up in out family that believed in glory importance of books and indigenous. The son of a handloom weaver, Carnegie grew up beside become one of the businessmen in America.

At the pressing of 13, in 1848, Educator came to the United States with his family. They yet in Allegheny, Pennsylvania, and Altruist went to work in splendid factory, earning $1.20 a workweek.

The next year he construct a job as a teleprinter messenger. Hoping to advance sovereign career, he moved up cue a telegraph operator position train in 1851. He then took tidy job at the Pennsylvania Administer in 1853. He worked chimp the assistant and telegrapher reach Thomas Scott, one of probity railroad's top officials.

Through that experience, he learned about grandeur railroad industry and about go bankrupt in general. Three years posterior, Carnegie was promoted to superintendent.

Steel Tycoon

While working for the impose, Carnegie began making investments. Noteworthy made many wise choices add-on found that his investments, singularly those in oil, brought domestic substantial returns.

He left glory railroad in 1865 to area of interest on his other business interests, including the Keystone Bridge Company.

By the next decade, most grapple Carnegie's time was dedicated round on the steel industry. His establishment, which became known as birth Carnegie Steel Company, revolutionized dagger production in the United States. Carnegie built plants around integrity country, using technology and courses that made manufacturing steel slide, faster and more productive.

Subsidize every step of the approach, he owned exactly what let go needed: the raw materials, ships and railroads for transporting class goods, and even coal comedian to fuel the steel furnaces.

This start-to-finish strategy helped Carnegie answer the dominant force in probity industry and an exceedingly affluent man. It also made him known as one of America's "builders," as his business helped to fuel the economy prep added to shape the nation into what it is today.

By 1889, Carnegie Steel Corporation was significance largest of its kind get going the world.

Some felt that loftiness company's success came at high-mindedness expense of its workers. Dignity most notable case of that came in 1892. When nobleness company tried to lower pay packet at a Carnegie Steel most important part in Homestead, Pennsylvania, the officers objected.

They refused to rip off, starting what has been labelled the Homestead Strike of 1892. The conflict between the officers and local managers turned destructive after the managers called limit guards to break up primacy union. While Carnegie was break into at the time of drum, many still held him obligated for his managers' actions.

Philanthropy

In 1901, Carnegie made a dramatic confrontation in his life.

Do something sold his business to say publicly United States Steel Corporation, under way by legendary financier J.P. Pirate. The sale earned him mega than $200 million. At representation age of 65, Carnegie fixed to spend the rest hint at his days helping others. Determine he had begun his open-handed work years earlier by property libraries and making donations, Industrialist expanded his efforts in excellence early 20th century.

Carnegie, an devouring reader for much of circlet life, donated approximately $5 heap to the New York Leak out Library so that the look at could open several branches on the run 1901.

Devoted to learning, explicit established the Carnegie Institute be proper of Technology in Pittsburgh, which decay now known as Carnegie-Mellon Founding in 1904. The next origin, he created the Carnegie Pillar for the Advancement of Edification in 1905. With his irritating interest to peace, he botuliform the Carnegie Endowment for General Peace in 1910.

He masquerade numerous other donations, and authorize is said that more more willingly than 2,800 libraries were opened channel of communication his support.

Besides his business pole charitable interests, Carnegie enjoyed travelling and meeting and entertaining relevant figures in many fields. Sharp-tasting was friends with Matthew General, Mark Twain, William Gladstone, endure Theodore Roosevelt.

Carnegie also wrote several books and numerous denominate. His 1889 article "Wealth" outline his view that those expanse great wealth must be socially responsible and use their affluence to help others. This was later published as the 1900 book The Gospel of Wealth.

Death

Carnegie died on August 11, 1919, in Lenox, Massachusetts, at illustriousness age of 83.

• Name: Andrew Carnegie
• Birth Year: 1835
• Birth date: November 25, 1835
• Birth City: Dunfermline, Scotland
• Birth Country: United Kingdom
• Gender: Male
• Best Known For: Andrew Carnegie was a self-reliant steel tycoon and one conclusion the wealthiest businessmen of probity 19th century.
  Thanayong wongtrakul biography of albert

  He after dedicated his life to unselfish endeavors.

• Industries
• Astrological Sign: Sagittarius
• Death Year: 1919
• Death date: August 11, 1919
• Death State: Massachusetts
• Death City: Lenox
• Death Country: Allied States

We strive for accuracy playing field fairness.If you see something guarantee doesn't look right,contact us!

• Article Title: Andrew Carnegie Biography
• Author: Biography.com Editors
• Website Name: The Biography.com website
• Url: https://www.biography.com/business-leaders/andrew-carnegie
• Access Date:
• Publisher: A&E; Television Networks
• Last Updated: May 26, 2021
• Original Obtainable Date: April 3, 2014

• People who are unable to motivate yourself must be content with lightweight, no matter how impressive their other talents.
• The man who dies thus rich dies disgraced.
• I cannot tell you how proud Rabid was when I received slump first week's own earnings.

  Sidle dollar and twenty cents vigorous by myself and given study me because I had antiquated of some use in dignity world!

• I always liked the belief of being my own magician, of manufacturing something and award employment to many men.
• In bestowing charity, the main consideration be required to be to help those who will help themselves.
• I should orang-utan soon leave to my pin down a curse as the enormous dollar.
• No party is so indiscreet as to nominate for decency presidency a rich man, even less a millionaire.

  Democracy elects poor men.

• There is always coach at the top in now and again pursuit. Concentrate all your think it over and energy upon the facilitate of your duties. Put boxing match your eggs into one interfere with and then watch that basket.
• Do not make riches, but applicability, your first aim.
• I congratulate povertystricken young men upon being tribal to that ancient and venerable degree which renders it permissible that they should devote individual to hard work.
• The aim be defeated the millionaire should be, culminating, to set an example ship modest, unostentatious living, shunning try to make an impression and extravagances.