Andrew Carnegie Autograph

Profession:
(1835-1919) Scottish-American industrialist, and philanthropist - Carnegie led the expansion of the American steel industry in the late 19th century and became one of the richest Americans in history

Year of Birth: 1835

Andrew Carnegie was a Scottish-American industrialist who played a major role in the expansion of the steel industry in the United States. Born in 1835 in Dunfermline, Scotland, Carnegie immigrated to the United States with his family at the age of 13.

At a young age, Carnegie began working as a bobbin boy in a cotton mill, where he learned the value of hard work and determination. He later moved on to work as a telegraph messenger boy, demonstrating his knack for business and entrepreneurship.

In 1870, Carnegie founded the Carnegie Steel Company, which became one of the largest and most profitable steel companies in the world. He implemented innovative business practices, such as vertical integration and cost-cutting measures, that revolutionized the steel industry.

Despite his success in business, Carnegie was also known for his philanthropy. He believed in giving back to society and funded numerous libraries, schools, and universities. His most famous philanthropic venture was the establishment of the Carnegie Corporation of New York.

Andrew Carnegie was a firm believer in the concept of the "Gospel of Wealth," which held that the rich had a moral obligation to use their wealth to benefit society. He died in 1919, leaving behind a legacy as one of the most influential figures in American business and philanthropy.

Carnegie's life story continues to inspire entrepreneurs and philanthropists around the world, showcasing the power of hard work, innovation, and generosity in shaping a better future for society.