Andrew Carnegie earned millions in America's steel industry and he made great contributions to social causes such as public libraries, education and international peace. He believed very strongly in the value of education. One of the first donations that he made was a very generous donation of $10 million to begin a pension for teachers, and $125 million more for the development of education. He also remembered that there was a very generous man who had allowed him to access his library as a child. So he pledged money to build a library to any town in the United States that would supply the land and was willing to upkeep the building. He founded an organization for scientific research and supplied the funds for the world court to be built in
The first area in which Andrew Carnegie was not a hero was his use of money. Carnegie valued complete control over his money and was quite a greedy man. He valued having complete control over his money, to the point where it was obsessive. In fact, Carnegie once asked his friend Frank Doubleday how much money he had made in the past month. When Doubleday replied that he knew his yearly revenue, not his money,
The award is named in recognition of Andrew Carnegie, a philanthropist and self-made industrialist who made his fortune in the USA. However, instead of using his wealth for self-indulgence, he funded over 2800 libraries, saying that – “It was from my own early experience that I decided there was no use to which money could be applied so productive... as the founding
The richest man in the world, in his time, was Andrew Carnegie. His story of success was truly one of rags to riches. After coming to the U.S. from Scotland as part of a working-class family, he moved from job to job, eventually becoming more influential and gaining a large sum of money. Soon he was using his wealth to contribute to many public services, such as libraries and schools. Andrew Carnegie's life and actions have left a long-standing legacy and have contributed greatly to the American way of life, particularly toward education.
He donated over 2500 libraries worldwide, he helped establish the famous concert hall in New York, and he helped finance several colleges in the US. Can you guess who he is? Yes! Andrew Carnagie. Now how about this person: In the early 1900s, in order to maintain
Andrew Carnegie believed that one's wealth could impact the entire world in a great way. He was commuter to make a fortune in the steel industry and later gave it up to help people with the wealth he accumulated. He shared the reasoning behind his actions in a book, hoping to drive others to follow in those footsteps. Andrew Carnegie impacted the world with his devotion to his philanthropy work and his steel business that sparked the steel industry.
Andrew Carnegie, originally from Scotland, took advantage of the time and created a vertically integrated steel company. Being a vertically integrated company meant he controlled every phase of business from the raw materials to transportation, manufacturing, and distribution of steel. He was a dictator in his company and his factories operated non-stop everyday except for the fourth of July. He believed that the rich had a moral obligation to advance society and he distributed a lot of his money to philanthropies like the creation of public libraries in towns throughout the country. He was seen as a captain of the industry and inspired Americans to become industrial leaders. He was also seen as a “robber baron” because of his dictatorial attitudes, repressive labor, and domination of power and
One of Carnegie’s most life-long amusements became the founding of free public library (www.bio.com). The people gave him the well-known nickname of the Patron Saint of the Libraries (www.myinterestingfacts.com). Carnegie used this as a way of making education available to all the people. Andrew Carnegie saw the insufficiency of education as the ruin of society. With his wealth, he built over 2,500 libraries around the world, many of which are still giving generously to their communities (carnegie.org). Luke 3:11 And He answered to them, "Whoever has two tunics is to share with him who has none, and whoever has food is to do likewise (openbible.info). At this time, not many public libraries existed in the world when Carnegie started ensuring a library to about every town that would promise to provide a site and make sure to maintain the building
(Henle 1) His favorite type of donation was the construction of a new library. There are few things that can be a more positive influence than the construction of several hundred libraries. Andrew Carnegie was a man unlike any other. He work hard not to benefit himself and his family, he didn't strive to leave his kids the rich children in the world. He worked and climbed mountain with all of his might so that one day the world would be a better place because of his effort. Andrew Carnegie has made this world a much better place through his stand against harsh labor problem, his expansion and monopolization of the steel industry and his always generous Philanthropic work. Andrew Carnegie is with out a doubt the most influential person in the Twentieth
Andrew Carnegie was not only a hugely successful businessman, but a great philanthropist. With the wealth that he acquired from the Carnegie Steel company, he promoted education and world peace. Carnegie was perhaps one of the first people to publicly state that the wealthy had a moral obligation to give away their fortunes. In 1889, he wrote "The Gospel of Wealth"; in this book he argued that all personal wealth that is not used to provide necessities for one's family should be treated as a trust fund for the better of the community. Carnegie also built free public libraries in an effort to encourage self-education. Finally, Carnegie set up a number of trusts to continue his mission even after his death.
Carnegie was a Scottish-American industrialist , business magnate, and philanthropist. Carnegie led the expansion of the American steel industry in the late 19th century and is often identified as one of the richest people. He became the leading Philanthropist in the United States, and in the British Empire. During the last 18 years of his life, he gave away about $350 million, to Charities, foundations,
Carnegie, born poor; grew up to be one of the wealthiest men in American history. You would think that his actions would be generous with how much money he has. In light of things his actions were quite the opposite. Carnegie grew up poor in a cabin in Scotland. His family decided to move to America and later he end up making money off of low wage workers.
He ended up being one of the richest men to walk our great nation, he was a philanthropic type of man who gave away a vast fortune of $350 million and built 2,509 libraries for the use of his fellow man.
Andrew Carnegie was one of the most wealthiest and famous industrialists of his time. Carnegie Corporation in New York, build the innovative foundation he established in 1911. The fortune he made from his businesses, helped support the discovery of insulin, the breakdown of nuclear weapons, the creation of Pell grants and of course Sesame Street. His corporation as a whole, had an everlasting impact on public discourse and policy. Millions of people have benefited from Carnegie’s generosity and as he once said “try to make the world in some way than you found it is to have a noble motive in life”.
Andrew Carnegie was one of the men who built America because of the steel company he made by his determination. One of the wealthiest persons in the 19h century that had worked on railroad first until he started to invest in company stock. The beginning of the STEEL TYCOON! He built the Carnegie Steel Company and utilized his own method of transport and shipping to revolutionize steel production in the United States (Biography.com). The DETERMINATION of one man can change the world in many
He made his successful workers into his partners, as "[n]othing delighted Carnegie more than to see the man whom he had lifted from a puddler's furnace develop into a millionaire." This motivation likely stemmed from his own poor upbringing and success in life. In his essay titled "Gospel of Wealth," Carnegie encouraged wealthy people to give money to the public and suggested seven fields in which to invest the money. In another essay, called "The Advantages of Poverty," he provided insight into one of his motivations for philanthropy, by claiming wealthy philanthropists can "find refuge from self-questioning in the thought of the much greater portion of their means which is being spent on others." Carnegie also believed that when his mind was solely preoccupied with making the largest possible amount of money as quickly as possible, he was "degrad[ing himself] beyond hope of permanent recovery." Carnegie was particularly interested in giving libraries to various towns, but this quickly became a business-like gift. First, there was an application process the town had to go through. Then, only gifting the building of the library, Carnegie would demand that the town collect taxes to pay for the books and maintain the library (which usually cost every year about 10% of the amount of money Carnegie donated). However, Carnegie's library-giving had a pattern. After he broke up the union in Braddock, he gifted that town a library. In a response to a letter from Homestead asking for a gift, he replied if "Homestead would only do something for him, he would be pleased to build a library there." Towns were so afraid that libraries signified their destruction that 225 towns refused Carnegie's offer of a library, as "his offer was more threat than promise. Indeed, they could expect to pay a heavy