Andrew Carnegie And Bill Gates Similarities

I feel that Carnegie was a very generous and benevolent philanthropist in his giving of hundreds of millions of dollars to schools, libraries, arts and music centers, and other educational and recreational facilities. However, I believe it would have been more ethical to be more

The Carnegie Steel Company was a successful factory, which employed many hundred of workers. Andrew Carnegie, who was the owner of the company, wanted a large successful business, which he had achieved already, but he was always looking for ways to save and make more money. By 1892, unions had been formed

It has been thoroughly debated whether Andrew Carnegie was a captain of his industry or a robber baron. He was a successful entrepreneur that created the Carnegie Steel Company in the late 1800s, a company that monopolized the production of steel. It has been ardently deliberated whether Andrew Carnegie was a robber baron who mistreated his workers and destroyed unions or that he was a captain of industry who paved the way for future steel companies. There are also many accomplished entrepreneurs in the world today that were much like Andrew Carnegie.

     True, Andrew Carnegie and John D Rockefeller may have been the most influential businessmen of the 19th century, but was the way they conducted business proper? To fully answer this question, we must look at the following: First understand how Andrew Carnegie and John D. Rockefeller changed the market of their industries. Second, look at the similarities and differences in how both men achieved domination. Third and lastly, Look at how both men treated their workers and customers in order achieve the most possible profit for their company.

Andrew Carnegie can be looked at as a double edged sword. One edge of the blade would show Carnegie as an ideal example of a poor immigrant fighting his way up to become an incredibly successful business man who would one day give nearly all his fortune away to help society improve itself. The reverse edge of the blade would show Carnegie as a ruthless business man who would slash his workers pay, drive other businesses under and used corruption to become leader of the capitalist world. These viewpoints of Carnegie have changed as years pass. Early accounts of Carnegie depict him as the ruthless conqueror of the steel industry while other later works tend to show both sides of Carnegie with great emphasis on the fact that he was a great

Carnegie not only got his start as a young Irish immigrant working as a railroad telegraph operator, his first major corporation was the Keystone Telegraph Company, in which he acquired the Pacific and Atlantic Telegraph Company. Carnegie thought of giving up on business after having moderate success, but on a trip to England in 1872, he met with Henry Bessemer and saw his plans for steel. (Carnegie

Andrew Carnegie. Who was he? Was he just a robber baron or a captain of industry. Andrew was a self made Entrepreneur in the late 1800s. He was the owner of the Carnegie Steel Company which monopolized the steel industry. In 1889 he wrote the famous “Gospel of Wealth” which made the use of libraries to give to the worthy poor that were smart to use them. He also gave away 350 million dollars. On the other side Carnegie’s steel workers were treated poorly by long working hours and reduced wages. He also gave support to the plant manager Henry Frick who hired Pinkerton thugs to intimidate workers on strike and many were killed in the conflict. Andrew Carnegie was sometimes saw as a robber baron taking others money to give away not spending his own money On the other hand people saw him as a captain of industry giving to the worthy poor with libraries and millions of dollars.

The “rags to riches” story is a term of reverence respecting the few in society who sacrificed the little they had and emerged successful. These doctors, lawyers, entrepreneurs, researchers, and other professionals inspire people of all socioeconomic levels by transforming nothing into something. Jay-Z, George Soros, Steve Jobs – these are names culture holds with great respect. One “rags to riches” story not many Americans have heard of pushes the limits of mental capacity. This man followed the poor-to-rich path and succeeded to such high degree that he, in turn, defined the very essence of this characteristic. Once a poor boy, Andrew Carnegie transformed the limited resources available to him into tools that aided his journey in becoming one of the richest, most successful men in all of history. Carnegie began his journey as an immigrant to Pittsburgh, Pennsylvania from Scotland. His family sought work, as their former weaving business had been destroyed by the Industrial Revolution (“Andrew Carnegie” American Experience). This experience as a poor worker created the drive that led him to become one of the wealthiest men of all time through his massive steel company, the Carnegie Steel Company. In conjunction with his economic success, the tycoon used the fruits of his leadership in the steel industry to become the “father of American philanthropy” (“Meet Andrew Carnegie”). As accomplished the man became, the

Well Carnegie steel business was a great success but all he was trying to accomplish was to be richer than John D. Rockefeller and make him pay for the mistake of cutting of his apprentices railroad business. While working for the railroad company Carnegie began making investments. He made

For example, Andrew Carnegie was both a Robber Barron and a Captain of Industry in the 1800’s. Andrew Carnegie’s first job was when he was only thirteen years old in 1848 as a bobbin boy, changing spools of thread for twelve hours a day, six days a week at a cotton factory in Pittsburg, PA. His first job’s payment per week was one dollar and twenty cents. Carnegie then became a telegraph messenger boy in the Pittsburg Office of the Ohio Telegraph Company, earning two dollars and fifty cents per week. A few years later, Andrew Carnegie became the personal telegrapher and assistant to Thomas Scott, the superintendent of the Pennsylvania Railroad’s western Division. The last step that lead to him acquiring his wealth was when he took out a loan from a local bank to invest in the Woodruff Sleeping Car Company. As a result, he began receiving a return of approximately five thousand dollars annually, which was more than three times his salary while working at the

Andrew Carnegie, known for his wealth amassed from the steel industries, introduces his views of an "inevitable" wealth gap, as well as his opinion as to how philanthropists should distribute their money. Carnegie himself, distributed 90 percent of his own wealth before his death in the early 20th century. The man's capital was donated to universities, standing behind Carnegie's assertion that money should be given to causes that alleviate the "burden" of the wealth gap between the rich and the poor. However, Carnegie does explain that whatever the American people do, the gap is "inevitable," as a just consequence of capitalism. Throughout his article, the philanthropists explains that in a capitalist America, while wealth inequality is prone

Andrew Carnegie became known as one of America’s “builders”, because of his efforts that fueled the economy. Carnegie became such a wealthy man because of the vertical combination strategy he used, which the idea was first used by Gustavus Swift. With that strategy, he bought railroad companies and iron mines. Carnegie searched for ways to make better products cheaper, then he incorporated new machine and techniques that enabled him to track precise costs. He made any wise choice that would help him on the road to

A leader is someone that you can look up to, someone who has a conglomerate of attributes that motivate people to follow them. There are many reasons why you can find someone amusing, intriguing or interesting but the conglomerate of actions performed by them is what makes them stand over others. A global leader is someone who has transcends the geographical limits with their contributions not only to their field but to humanity as well. In this essay I will briefly discussed the attributes of the global leader I selected, his visions and his contributions to

Then, what is philanthropy? Philanthropy is a deliberate affection for mankind, shown in contributions of money, time or work for the benefits of others. It has become a part of daily life in most industrialized countries. According to a survey conducted by Charity Aid Fund(CAF) in 2011, the average amount of donation per person was the highest in the United States. To be specific, two-third of the American people raised money

The Bill & Melinda Gates Foundation is a foundation that supports other organizations who share its guiding belief that every life has equal value. Located in Seattle, Washington, the Bill & Melinda Gates Foundation have an asset trust endowment of 36.2 billion dollars as of September 30, 2012. It supports grantees in all 50 states and 100 countries internationally in areas of global development, global health, United States program, and a smaller charitable support initiative sector. Bill Gates, Melinda Gates, and Warren Buffett give direction to CEO Jeff Raikes and co-chairmen William H. Gates Sr. regarding grant allocation and investments. (Gates Foundation)