Andrew Carnegie was a Scottish-American industrialist and philanthropist who rose to prominence in the late 19th and early 20th centuries as one of the richest men in the world. Born in Dunfermline, Scotland in 1835, Carnegie immigrated to the United States as a child and began working as a bobbin boy in a cotton factory at the age of 13. Despite his humble beginnings, Carnegie would go on to become one of the most successful and influential figures in American history.
Carnegie began his business career as a telegraph messenger and eventually worked his way up to become a superintendent at the Pennsylvania Railroad Company. In the 1870s, he entered the steel industry and, through a series of shrewd business dealings, was able to acquire a number of steel mills and forge a monopoly in the industry. By the early 20th century, Carnegie Steel was the largest steel producer in the world, and Carnegie himself was one of the wealthiest men in history, with a net worth estimated at over $300 million (equivalent to roughly $10 billion in today's dollars).
In addition to his business acumen, Carnegie was also known for his philanthropy and his belief in the importance of giving back to society. He famously wrote an essay titled "The Gospel of Wealth," in which he argued that the rich had a responsibility to use their wealth to benefit society and promote the common good. Carnegie put this belief into action by establishing a number of charitable foundations and institutes, including the Carnegie Corporation of New York, the Carnegie Endowment for International Peace, and the Carnegie Institute of Technology (now known as Carnegie Mellon University).
Carnegie's philanthropic efforts earned him a reputation as one of the great benefactors of his time, and his legacy continues to be felt today through the numerous institutions and programs he helped to establish. Despite his controversial business practices and the criticism he faced for his role in the growth of industrial capitalism, Carnegie's contributions to society and his belief in the power of philanthropy have made him a enduring figure in American history.
Andrew Carnegie: a Robber Baron or a Captain of Industry: [Essay Example], 787 words GradesFixer
Andrew Carnegie was born November 25, 1835 in Dunfermline, Scotland. Few of the wealthy engaged in philanthropic institutes and charities for society progress. He liked it; and long for more of it. Carnegie and his family ended up in Pittsburgh, Pennsylvania, where he was forced out of necessity to take up factory labor as a child to help his family subsist. However, Carnegie is much more than a wealthy business owner. He went on to become a successful capitalist for many years before he recognized the opportunity to rule the steel industry in the U.
Andrew Carnegie Wealth
Andrew Carnegie's True Intentions 695 Words 3 Pages This led to people labeling him as both a Robber Baron and Captain of Industry. He sold his company and donated his money to the people. Carnegie established his first company, Keystone Bridges, in 1865. After years of work and experience in the expansion of the steel industry, Carnegie obtained a general logic of arguments about labor. Some historians tell us that Carnegie allowed Frick to run with his own ideas about breaking the strike that occurred at this time. In addition to bad working conditions, Carnegie has been criticized for paying his workers low wages, therefore making labor relations between Carnegie and the people who worked very hard, enabled Carnegie sold his steel company he retired from business and devoted himself full-time to philanthropy. He was a man who just seeked fortune, but who also knew that money comes at a vs cost.
Andrew Carnegie essays
Robber Barons 799 Words 4 Pages Through Carnegie Corporation of New York, the innovative philanthropic foundation he established in 1911, his fortune has since supported everything from the discovery of insulin and the dismantling of nuclear weapons, to the creation of Pell Grants and Sesame Street. Being one of the most foremost and highly subscribed to magazine and provided content which focused on building the society and elevating cultural practices. He caused the death of hundreds of Indians. In brief summary Carnegie was not a hero because of how badly he treated his employees who worked nonstop for him. Essentially, it said that if someone was not successful, it was a result of not working hard enough.
Andrew Carnegie Essay Examples
The essay was his way of trying to reduce the disparity as he engaged in building education facilities such as universities, libraries and parks for public use. Carnegie was obviously a man in deep conflict. Andrew Carnegie Is Not A Hero Essay 454 Words 2 Pages Carnegie was not a hero, because a hero does a deed selflessly, but he thought a lot about himself. Carnegie was able to bring mass amounts of steel into the. Big Business Dbq 939 Words 4 Pages Likewise, many wealthy people, including big business leaders, came to realize that it was their role in society was to give back. He did not let the challenges he faced by being uneducated or underpaid determine his potential and ended up owning one of the most profitable businesses of his time. Is Andrew Carnegie a hero in your eyes? After the Civil War, Andrew Carnegie took Scott's former position as superintendent of the western division to the Pennsylvania Railroad.
Andrew Carnegie's Story of Success: [Essay Example], 977 words GradesFixer
This mastermind was named Andrew Carnegie, an industrial monopolizer who used steel to gain his massive fortune. Yet, he always did things to help the community grow and helped people. When Carnegie was thirteen years old, his family along with five-year-old Tom Carnegie, sold much of their belongings and sailed to America specifically Allegheny, PA. The investments Carnegie made, would lead to the ownership of Carnegie Steel Company. This made a huge divide between the rich and poor.
