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Carnegie as he appears in the National Portrait Gallery in Washington, D.C. Andrew Carnegie (English: / kɑːrˈnɛɡi / kar-NEG-ee, Scots: [kɑrˈnɛːɡi]; [ 2 ][ 3 ][ note 1 ] November 25, 1835 – August 11, 1919) was a Scottish-American industrialist and philanthropist. Carnegie led the expansion of the American steel industry in the late ...
Meanwhile, Bill Gates in 1999 was worth nearly $150 billion in dollars adjusted to 2018. [4] The second-richest person in terms of wealth compared to contemporary GDP is a subject of dispute. While most sources attribute this status to Andrew Carnegie, others argue that it could be Bill Gates, Cornelius Vanderbilt I, John Jacob Astor IV, or ...
Carnegie Steel Company was sold in 1901 to U.S. Steel, a newly formed organization set up by J. P. Morgan. [10] It sold at roughly $492 million [11] ($18 billion+ today), of which $226 million ($8.3 billion+ today) went to Carnegie himself. [12] U.S. Steel was a conglomerate with subsidiary companies.
The Gospel of Wealth. " Wealth ", [2] more commonly known as " The Gospel of Wealth ", [3] is an article written by Andrew Carnegie in June [4] of 1889 [5] that describes the responsibility of philanthropy by the new upper class of self-made rich. The article was published in the North American Review, an opinion magazine for America's ...
One of the investors they attracted was Andrew Carnegie, who saw great promise in the new steel technology after a visit to Bessemer in 1872, and saw it as a useful adjunct to his existing businesses, the Keystone Bridge Company and the Union Iron Works. Holley built the new steel mill for Carnegie, and continued to improve and refine the process.
Signature. Henry Phipps Jr. (September 27, 1839 – September 22, 1930) was an American entrepreneur known for his business relationship with Andrew Carnegie and involvement with the Carnegie Steel Company. He was also a successful real estate investor. After selling his stock in Carnegie Steel, he devoted a great deal of his time and money to ...
The National Negro Business League (NNBL) was established in Boston, Massachusetts in 1900 by Booker T. Washington. The effort was supported by industrialist and philanthropist Andrew Carnegie. [citation needed] The organization was formally incorporated in 1901 in New York , and established 320 chapters across the United States.
Andrew Carnegie. The Carnegie Hero Fund Commission, also known as Carnegie Hero Fund, was established to recognize persons who perform extraordinary acts of heroism in civilian life in the United States and Canada, and to provide financial assistance for those disabled and the dependents of those killed saving or attempting to save others.