Quick Facts
- NAME: Andrew Carnegie
- OCCUPATION: Entrepreneur, Philanthropist
- BIRTH DATE: November 25, 1835
- DEATH DATE: August 11, 1919
- PLACE OF BIRTH: Dunfermline, Scotland, United Kingdom
- PLACE OF DEATH: Lenox, Massachusetts
Best Known For
Andrew Carnegie, a self-made steel tycoon and one of the wealthiest 19th century U.S. businessmen, donated towards the expansion of the New York Public Library.
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Andrew Carnegie - Strike (2:30)
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Andrew Carnegie - Wealthy & Wise
Carnegie's great innovation was in the cheap and efficient mass production of steel rails
Andrew Carnegie - Youth, Love, & Loss
Although Andrew Carnegie's family was impoverished, he grew up in a cultured, political home.
Andrew Carnegie - Strike
The Homestead Strike was a bloody labor confrontation lasting 143 days in 1892 and was one of the most serious in U.S. history.
Andrew Carnegie - Steel & People
Carnegie felt that his massive steel company's success was due to his selection of great workers. But many of the people who actually suffered in the plants felt differently.
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Play NowAndrew Carnegie. (2013). The Biography Channel website. Retrieved 08:16, May 23, 2013, from http://www.biography.com/people/andrew-carnegie-9238756.
Andrew Carnegie. [Internet]. 2013. The Biography Channel website. Available from: http://www.biography.com/people/andrew-carnegie-9238756 [Accessed 23 May 2013].
"Andrew Carnegie." 2013. The Biography Channel website. May 23 2013, 08:16 http://www.biography.com/people/andrew-carnegie-9238756.
"Andrew Carnegie," The Biography Channel website, 2013, http://www.biography.com/people/andrew-carnegie-9238756 [accessed May 23, 2013].
"Andrew Carnegie," The Biography Channel website, http://www.biography.com/people/andrew-carnegie-9238756 (accessed May 23, 2013).
Andrew Carnegie [Internet]. The Biography Channel website; 2013 [cited 2013 May 23] Available from: http://www.biography.com/people/andrew-carnegie-9238756.
Andrew Carnegie, http://www.biography.com/people/andrew-carnegie-9238756 (last visited May 23, 2013).
Andrew Carnegie. The Biography Channel website. 2013. Available at: http://www.biography.com/people/andrew-carnegie-9238756. Accessed May 23, 2013.
Philanthropy
In 1901, Carnegie made a dramatic change in his life. He sold his business to the United States Steel Corporation, started by legendary financier J.P. Morgan. The sale earned him more than $200 million. At the age of 65, Carnegie decided to spend the rest of his days helping others. While he had begun his philanthropic work years earlier by building libraries and making donations, Carnegie expanded his efforts in the early 20th century.
Carnegie,
Contents
an avid reader for much of his life, donated approximately $5 million to the New York Public Library so that the library could open several branches in 1901. Devoted to learning, he established the Carnegie Institute of Technology in Pittsburgh, which is now known as Carnegie-Mellon University in 1904. The next year, he created the Carnegie Foundation for the Advancement of Teaching in 1905. With his strong interest to peace, he formed the Carnegie Endowment for International Peace in 1910. He made numerous other donations, and it is said that more than 2,800 libraries were opened with his support.
Besides his business and charitable interests, Carnegie enjoyed traveling and meeting and entertaining leading figures in many fields. He was friends with Matthew Arnold, Mark Twain, William Gladstone, and Theodore Roosevelt. Carnegie also wrote several books and numerous articles. His 1889 article "Wealth" outlined his view that those with great wealth must be socially responsible and use their assets to help others. This was later published as the 1900 book The Gospel of Wealth.
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Rags to Riches
View groupBrowse through famous people who started with nothing and became successful.
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Captains of Industry
View groupAmerica wasn't discovered, it was built. At the end of the Civil War, America was seen as a failing experiment in democracy; a nation fraying from the inside and at war with itself. Just 50 years later, the United States was the greatest superpower the world had ever seen. This landmark transition was due in no small part to a group of business-savvy, innovative young men: John D. Rockefeller, Cornelius Vanderbilt, Andrew Carnegie, Henry Ford, J.P. Morgan and Thomas Edison. These men constructed a bold vision for a modern America and transformed the greatest industries of our time, including oil, rail, steel, shipping, automobiles and finance; they are unequivocally America's first captains of industry.
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