Saturday, November 30, 2013

Andrew Carnegie

Andrew was born on November 11, 1835, in Dunfermline, Scotland, and named 

after his grandfather.  He had a very though early life.  In 1850 he became a 

telegraph messenger boy in the Pittsburgh Office of the Ohio Telegraph 

Company at $2.50 per week.  Andrew was a very hard working person and he 

could memorize all the locations of Pittsburgh’s businesses and the faces of 

important men.  Carnegie was tired of working at such a small company, he wanted 

to have his own carrer, by that time steel was very expensive, so Andrew decided to 

start his own steel company.  Carnegie made his fortune in the steel industry, 

controlling the most extensive integrated iron and steel operations ever owned by 

an industry in the states.  One of his two great innovations was in the cheap and 

efficient mass production of steel by adopting and adapting the bessemer process 

for steel making.  At the age of 28 he used all his money to start a steel business, 

and became the most popular steel person in the states.  His company provided 

60% of the steel each year, mostly were used in the rail roads.  Soon he became 

the second richest person in the country, only next to John D. Rockefeller.  

During 1901 he sold his factories at a price of 2.5 billion USD.  He donated most of 

the money to help those who are in need, and he also built libraries for the poor and 

support them to go to schools.  Andrew died on 1919/8/11, at the age of 83, while 

ended up donated a total of 350,695,653 USD in his whole life, an also made a

donation of his last 3 million after he died. 

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