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As to the greatest endowment of all, the Carnegie Corporation, that was merely Andrew Carnegie in permanently organized form; it was established to carry on, after Carnegie's death, the work to which he had given personal attention in his own lifetime.
Andrew Carnegie Estimated wealth in today’s terms: $300 billion Carnegie is another of the most famous names on this list, but not as well-known is the fact that he grew up in Scotland.
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 Henry Ford. Determining the lower ranks is an even more contentious debate. Vanderbilt left a fortune worth $100 million upon his death in 1877, equivalent to $2.4 billion today. [5]
The Gospel of Wealth asserts that hard work and perseverance lead to wealth. Carnegie based his philosophy on the observation that the heirs of large fortunes frequently squandered them in riotous living rather than nurturing and growing them. Even bequeathing one's fortune to charity was no guarantee that it would be used wisely, due to the fact that there was no guarantee that a charitable ...
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With a personal fortune worth $66.8 million today, FDR was one of America’s richest presidents. He earned $75,000 a year during his presidency and declared $93,601 in income on his 1937 taxes.
Margaret Carnegie Miller (March 30, 1897 – April 11, 1990) was the only child of industrialist and philanthropist Andrew Carnegie and Louise Whitfield, and heiress to the Carnegie fortune. [1] [2] A resident of Manhattan, New York City, from 1934 to 1973, Miller was a trustee of the Carnegie Corporation of New York, a grant-making foundation ...
These include people such as Cornelius Vanderbilt, Andrew Carnegie, Andrew Mellon, Leland Stanford and John D. Rockefeller. The education division of the National Endowment for the Humanities has prepared a lesson plan for schools asking whether "robber baron" or "captain of industry" is the better terminology. The lesson states that it ...