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Andrew Carnegie: The Brilliant Billionaire Who Revolutionised the World

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Brief History and Early Beginnings

Andrew Carnegie one of the richest men of his generation. Despite being a billionaire he was an incredibly nice person who tried to use his wealth to help people in need. He constantly reminded other people who were fortunate enough to be as rich as him to inspire the world in a positive light. Andrew Carnegie was known for a steel company which was called Carnegie Steel Company. He was an Industrialist and a Philanthropist. Andrew Carnegie was born on November 25th, 1835 in Dunfermline in Scotland. Andrew Carnegie had a huge political influence in his family and his uncle George Lauder, Sr showed him the writing of Tobert Burns and influenced him with the heroes of Robert the Bruce and William Wallace. Andrew Carnegie moved to America at the age of 12. Even at that young age, she started working as a telegrapher. Things were not easy for the family and they fell into some desperately hard times. They had to borrow money from George Lauder Sr. Andrew Carnegie and his father both worked at a Scottish-owned cotton mill. Andrew Carnegie worked 12 hours and 6 days per week receiving a wage of $1.20 per week. Andrew Carnegie’s next job was as a telegraph messenger boy earning $2.50 per week. This job was very important to the future of Andrew Carnegie as he would analyze the businessmen that were there and would constantly be learning from them. He then earned $4.00 per week as a telegraph operator for the Pennsylvania Railroad company.

Success

One of the big achievements of Andrew Carnegie’s life was his work towards the steel industry. He began the construction of Edgar Thompson Steelworks in 1872 in Pennsylvania. He was a clever man, as he was able to get a good balance of wages and infrastructure, constantly being able to make a profit. He made 40% profit on what he returned on an investment he made. The profit he made led to him buying other steel companies. Carnegie Steel Products produced multiple amounts of things like steel, coal, coke, railway roads, and many other products. In 1901, Andrew Carnegie sold the company to the United States Steel Corporation and Andrew Carnegie sold the company for 492 million dollars. Andrew Carnegie was one of the reasons behind this iconic time in history as he was part of the industrial revolution

Personal Life

Andrew Carnegie was a man who always tried to affect people’s lives in a positive manner. For example, in 1900 Carnegie donated two million dollars to began the Carnegie institute of technology and he donated another $2 million for the Carnegie Institution of Washington. After the sale of his company Andrew Carnegie wanted to donate his last years to helping people out and spending time with his family. He founded the likes of the Carnegie Libary, Carnegie trust for the universities of Scotland and the Carnegie hero fund. Andrew Carnegie was a republican and supported their policies. Andrew Carnegie got married to Louise Whitfield in 1887 and had a child called Margaret Carnegie Miller.

Andrew Carnagie Quotes

“You cannot push anyone up a ladder unless he is willing to climb a little.”

“Aim for the highest.”

“As I grow older, I pay less attention to what men say. I just watch what they do.”

“He that cannot reason is a fool. He that will not is a bigot. he that dare not is a slave.”

“I resolved to stop accumulating and begin the infinitely more serious and difficult task of wise distribution.”

“Mr. Morgan buys his partners, I grow my own.”

“No person will make a great business; who wants to do it all himself or get all the credit.”

“The average person puts only 25% of his energy and ability into his work. The world will take off its hat to those who put in more than 50% of their capacity and the world will stand on its head for those few and far between souls who devote 100%”

“All honor’s wounds are self-inflicted.”

“Do your duty and a little more and the future will take care of itself.”

“I believe that the true road to per-eminent success in any line is to make yourself master of that line.”

“I would as soon leave my son a curse as the almighty dollar.”

“No amount of ability is of the slightest avail without honor.”

“Success can be attained in any branch of labor. There’s always room at the top in every pursuit.”

“The man who acquires the ability to take full possession of his own mind may take possession of anything else to which he justly entitled.”

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