Andrew Carnegie
- Born: November 25, 1835, Dunfermline, United Kingdom ,Died: August 11, 1919
- Net worth: US$372 billion in 2014 dollars
- Companies ;
• He built Pittsburgh's Carnegie Steel Company, which he sold to J. P. Morgan in 1901 for $303,450,000. It became the U.S. Steel Corporation. After selling Carnegie Steel, he surpassed John D. Rockefeller as the richest American for the next several years.
• sold his business and dedicated his time to expanding his philanthropic work, including the establishment of Carnegie-Mellon University in 1904.
- Quotes ;
• Do your duty and a little more and the future will take care of itself.
• People who are unable to motivate themselves must be content with mediocrity, no matter how impressive their other talents.
• No man will make a great leader who wants to do it all himself, or to get all the credit for doing it.
• As I grow older, I pay less attention to what men say. I just watch what they do.
- Facts ;
• During his lifetime, Carnegie gave away over $350 million. Many persons of wealth have contributed to charity, but Carnegie was perhaps the first to state publicly that the rich have a moral obligation to give away their fortunes.
• Andrew Carnegie was one of the most successful businessmen and most recognized philanthropists in history. His entrepreneurial ventures in America's steel industry earned him millions and he, in turn, made great contributions to social causes such as public libraries, education and international peace.
• In 1900 the profits of Carnegie Steel (which became a corporation) were $40,000,000, of which Carnegie’s share was $25,000,000. Carnegie sold his company to J.P. Morgan’s newly formed United States Steel Corporation for $480,000,000 in 1901.
• Carnegie’s own distributions of wealth came to total about $350,000,000, of which $62,000,000 went for benefactions in the British Empire and $288,000,000 for benefactions in the United States.
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