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- In 1873, on one of his frequent trips to Great Britain, he met Henry Bessemer, inventor of the "Bessemer process," and became convinced that the industrial future lay in steel. His key decision investing $250,000 in the Edgar Thomson Steel Company, formed in 1874 with a capital of $1 million.
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Nov 9, 2009 · Andrew Carnegie was a Scottish‑born industrialist who became very wealthy via the steel industry before giving away much of his fortune as a philanthropist.
Through Carnegie Corporation of New York, the innovative philanthropic foundation he established in 1911, his fortune has since supported everything from the discovery of insulin and the dismantling of nuclear weapons, to the creation of Pell Grants and Sesame Street.
Andrew Carnegie (English: / k ɑːr ˈ n ɛ ɡ i / 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 19th century and became one of the richest Americans in history. [5]
Oct 24, 2024 · Andrew Carnegie, Scottish-born American industrialist who led the expansion of the American steel industry in the late 19th century. He was also one of the most important philanthropists of his era. Learn more about how Carnegie made his fortune and about his vast philanthropic activities.
Jul 19, 2021 · Carnegie was a visionary who studied philosophy and believed that the inevitability of evolution and progress depended on the right genius at the right time. His faith in America as a land of business opportunity never wavered; much of the fast growth of his steel enterprise was due to his policy of expanding in periods of depression.
Sep 1, 2021 · Following the rise of Andrew Carnegie’s career from a mere worker in a cotton factory in Pittsburgh, U.S., to his critical acclaim as one of the greatest steel industrialists, the article below explores the true life story and 10 major accomplishments of the Scottish-born philanthropist cum business magnate.
Apr 3, 2014 · Andrew Carnegie was a self-made steel tycoon and one of the wealthiest businessmen of the 19th century. He later dedicated his life to philanthropic endeavors.
