Andrew Carnegie was an American who owned industries and was charitable. At age 33
he had an annual income of $50,000. He said, "Beyond this, never earn, make no effort
to increase fortune, but spend the surplus each year for benevolent purposes."
Andrew Carnegie was born in Dunfermline, Scotland. He went to the U.S.
in 1848 and began work short after his arrival as a threading machine attendant in a
cotton mill in Allegheny, Pennsylvania. He got paid $1.20 a week. In 1849 he became a
messenger in a Pittsburgh telegraph office. He was next employed by the Pennsylvania
Railroad as a private secretary to Thomas Alexander Scott.
Carnegie got promoted many times until he was superintendent
of the Pittsburgh part of the railroad. He invested in what is now called the Pullman
Company and in oil land near Oil City. During the Civil War he served in the War
Department under Thomas Alexander Scott. Scott was in charge of military transportation
and government telegraphs. After the war was over he went and formed a company that makes
iron railroad bridges. He founded a steel mill and was one of the first people to use the
Bessemer process. In 1899 he put all of his interests together in the Carnegie Steel
Company. He was responsible for almost 25% of the American iron and steel production. In
1901 he sold his company to the United States Steel Corp. for $250 million dollars. He
then retired.
Carnegie never received a formal education during his
childhood but donated more then $350 million dollars to many different educational,
cultural, and peace organizations. His first gift was in 1873. His largest gift was in
1911 for $125 million dollars to the Carnegie Corporation of New York. He also donated
money for the construction of what is now the International Court of Justice for the
United Nations at The Hague, Netherlands. Carnegie was honored throughout his lifetime.
This comment system
requires you to be logged in through either a Disqus account
or an account you already have with Google, Twitter,
Facebook or Yahoo. In the event you don't have an account
with any of these companies then you can create an account
with Disqus. All comments are moderated so they won't
display until the moderator has approved your comment.
