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   How did Andrew Carnegie make money?

   • His focus on efficiency and cost reduction led to harsh working conditions and labor disputes, most notably the Homestead Strike of 1892. Andrew Carnegie made his fortune primarily through the steel industry, where his Carnegie Steel Company became the largest and most profitable industrial enterprise of its era in the United States.

   Andrew Carnegie: Life, Business, Fortune, Philanthropy, and More!

   historycooperative.org/trains-steel-cash-cash-andrew-carnegie-story/

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   How did Andrew Carnegie become famous?

   • Carnegie’s fortune grew exponentially with the success of his business ventures, notably after the sale of the Carnegie Steel Company to J.P. Morgan, which was reorganized into the United States Steel Corporation. This deal, valued at about $480 million at the time, made Andrew Carnegie one of the wealthiest men in the world.

   Andrew Carnegie: Life, Business, Fortune, Philanthropy, and More!

   historycooperative.org/trains-steel-cash-cash-andrew-carnegie-story/

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   How did Andrew Carnegie impact the world?

   • Starting with his work at the Pennsylvania Railroad, Andrew Carnegie demonstrated a keen sense of investment and innovation. He later applied these skills to steel production, where his company introduced efficient manufacturing processes that drastically reduced the cost of steel, making it the backbone of America’s infrastructure.

   Andrew Carnegie: Life, Business, Fortune, Philanthropy, and More!

   historycooperative.org/trains-steel-cash-cash-andrew-carnegie-story/

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   Was Andrew Carnegie a philanthropist?

   • Andrew Carnegie (born November 25, 1835, Dunfermline, Fife, Scotland—died August 11, 1919, Lenox, Massachusetts, U.S.) was a Scottish-born American industrialist who led the enormous expansion of the American steel industry in the late 19th century. He was also one of the most important philanthropists of his era.

   Andrew Carnegie | Biography, Company, Steel, Philanthropy, Books

   www.britannica.com/money/Andrew-Carnegie

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   How did Andrew Carnegie impact the steel industry?

   • The steelmaking process pioneered by Andrew Carnegie significantly impacted the industrial landscape, fundamentally changing how steel was produced and utilized worldwide. Carnegie’s adoption of the Bessemer process in the late 19th century was a turning point for the steel industry.

   Andrew Carnegie: Life, Business, Fortune, Philanthropy, and More!

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   How much money did Andrew Carnegie give away?

   • Carnegie then devoted himself to philanthropy, eventually giving away more than $350 million. Andrew Carnegie, whose life became a rags-to-riches story, was born into modest circumstances on November 25, 1835, in Dunfermline, Scotland, the second of two sons of Will, a handloom weaver, and Margaret, who did sewing work for local shoemakers.

   Andrew Carnegie ‑ Industry, Quotes & Fortune - HISTORY

   www.history.com/topics/19th-century/andrew-carnegie

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2. www.history.com › topics › 19th-centuryAndrew Carnegie ‑ Industry, Quotes & Fortune | HISTORY

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   Nov 9, 2009 · Andrew Carnegie, whose formal education ended when he left Scotland, where he had no more than a few years’ schooling, soon found employment as a bobbin boy at a cotton factory, earning $1.20...

3. www.britannica.com › money › Andrew-CarnegieAndrew Carnegie | Biography, Company ... - Britannica Money

   www.britannica.com › money › Andrew-Carnegie

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   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.

4. en.wikipedia.org › wiki › Andrew_CarnegieAndrew Carnegie - Wikipedia

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   Andrew Carnegie's cartoon throwing money in air, Life, 1905. According to biographer Burton J. Hendrick: His benefactions amounted to $350,000,000—for he gave away not only his annual income of something more than $12,500,000, but most of the principal as well.

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     How Andrew Carnegie Became The Richest Man In The World

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     How Andrew Carnegie Went From $1.20 a Week to $309 Billion | Documentary | Financial Education

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     How Andrew Carnegie became one of history's wealthiest

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6. historycooperative.org › trains-steel-cash-cashAndrew Carnegie: Life, Business, Fortune, Philanthropy, and ...

   historycooperative.org › trains-steel-cash-cash

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   Jan 15, 2017 · Andrew Carnegie made his fortune primarily through the steel industry, where his Carnegie Steel Company became the largest and most profitable industrial enterprise of its era in the United States. Starting with his work at the Pennsylvania Railroad, Andrew Carnegie demonstrated a keen sense of investment and innovation.

7. www.entrepreneur.com › money-finance › how-andrewHow Andrew Carnegie Went From $1.20 a Week to $309 Billion ...

   www.entrepreneur.com › money-finance › how-andrew

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   Aug 14, 2018 · Here's How Andrew Carnegie Did It. Andrew Carnegie sold his steel company, Carnegie Steel, to J.P. Morgan for $480 million in 1901. According to the Carnegie Corporation,...

   • Author: Matthew Mccreary
   • Works For: Entreprenuer

   • Occupation: Associate Editor, Contributed Content

8. www.carnegie.org › interactives › foundersstoryAndrew Carnegie's Story

   www.carnegie.org › interactives › foundersstory

   Andrew Carnegie sold his steel company to J.P. Morgan for $480 million in 1901. Retiring from business, Carnegie set about in earnest to distribute his fortune. In addition to funding libraries, he paid for thousands of church organs in the United States and around the world.

9. www.bbc.com › news › uk-scotland-22246173Andrew Carnegie: The man who gave it all away - BBC News

   www.bbc.com › news › uk-scotland-22246173

   Apr 22, 2013 · When he sold his Carnegie Steel Company in the early 1900s he got $480m for it and used the money for his philanthropic career.