Warren Buffet
Warren Buffet was born on August 30, 1930. He is one of the most financially and personally successful businessmen of our time. He is the Chief Executive Officer of Berkshire Hathaway, a multinational conglomerate holding company, which is based with it;s headquarters in Omaha, Nebraska; Buffett's hometown. His net worth is around $60 billion, and increases with every passing minute. I chose to write about Warren Buffett because he is a person I have always been quite interested in. He is such an incredibly smart and savvy businessman, but he is also a philanthropist. Buffet (2006) announced that he planned to donate more than 80 percent of his wealth to a handful of private charitable foundations. He has gone
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He has made, and continues to make unbelievably wise and successful business choices, many of which would not be possible if he was not well versed and educated in the field. "Berkshire is buying the railroad company Burlington Northern Santa Fe Corporation for $26 billion" (Buffett, 2009). He chose to purchase the entire company even though he already owned a large 23 percent of it. He held on to a theory that he had learned from one of his professors, which he used in his future to become the successful entrepreneur that he is today. Buffett really is an incredible role model and inspiration. It does not matter if you are interested in stocks or the medical field, Warren Buffett has overcome criticisms and followed what he thought he should do to become a success. He is now one of the most wealthy and affluent people in the world. Instead of showing interest in the stocks that were popular at that time, or going along with the numbers in the market, he took risks with his investments, and that is something that I have always admired about Warren Buffett. He showed a passion for numbers and finance from when he was just a child, and followed through with that, graduating with an impressive degree from Columbia University. Understanding
Andrew Carnegie was the example of the rags to riches tale to reality during The Gilded Age. Consequently, Carnegie´s view on wealth impacted workers by motivating them towards overcoming the cycle of the laborer, as well as influencing them on how to see success.
Finally, Carnegie should be considered a hero because of his philanthropy contributions and donations to society. Andrew Carnegie believed that the best way to spend your fortune was to devote it for the most beneficial results for the community by providing them what they could not do for themselves (Doc 8). Carnegie spent most of his life gaining immense amounts of money and becoming one of the richest men of the 19th century. Once he retired, he felt he needed to use his
One of the best-known philanthropists was the American industrialist Andrew Carnegie, who devoted the latter part of his life to giving away most of the huge fortune he had amassed in the steel industry. Following the principles laid down in his essay “Gospel of Wealth” , Carnegie returned over $300 million
Andrew Carnegie was a man who started from nothing and built his way up to find his fortunes in world of steel and factories and after retiring set himself to a life of philanthropy donating his fortunes to the people. This isn’t to say he was an entirely good person however, as his time as a business owner and as an employer. Whether he was a captain of industry or a robber baron is up to your opinions, but I believe he was a true captain of industry.
When people think of a hero they think of Superman, Batman, or Spiderman, but what they should think of are people that make difference. Bill Gates has made a huge difference in today’s world; he is an extremely successful entrepreneur, an active philanthropist, and a very motivated person in general. With this motivation he has and will accomplish anything he puts his mind to. He was CEO of Microsoft and became the richest man in the world. He also created one of the most credible and generous charitable organization in the world. As a positive influence on today’s world, Bill Gates has proven himself as person with his good work ethic, positive attitude, and great accomplishments.
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.
Andrew Carnegie is considered to be the richest person ever. Carnegie is known for his steel business that he developed on and became one of the last steel business by buying and taking out his competition. Carnegie is said to be a very generous man by donating to education and charities. The questionable thing about Carnegie is if he is a hero? Many people see him as helpful, and nice, but others see him two faced, selfish, and hypocritical.
Buffett claims, “I don’t believe in dynastic wealth”, and Carnegie was one of the first men to ever support and demonstrate the idea of working to the top by oneself, not being born into it. 2) Both also did not give their children a large amount of their wealth. Buffett says, “I want to give my kids just enough so that they would feel that they could do anything, but not so much that they would feel like doing nothing”, and Carnegie did the same. 3) Finally, both believed in contributing their wealth to the country and charities. In 2006, Buffett announced a plan to give away 83% of his fortune to charity when he passes away. We have also seen an idea similar to this through Carngie, who also gave a large of his fortune away to charity after death. In conclusion, both of these men are extremely commendable businessmen. The only significant differences between the two men’s view on the responsibilities of the wealthy is that Carnegie accentuate on serving only those who are eager to oneself, while Buffett’s goal is to contribute as much as he can to those who are disadvantaged. Carnegie does not want people taking advantage of the charity, whereas Buffett does not really focus on whether the person being helped is worthy or
Andrew Carnegie was also a reasonable businessman, he gave many of the men that were living in poverty, employment. His wages were pretty
Andrew Carnegie, born on November 25, 1835, was a Scottish philanthropist who was one of the richest men in America in the 1900 's. I completely agree with Carnegie 's opinion of how the rich should donate their money toward the good of mankind before they die, but disagree with his actions toward his workers . He started working in a cotton mill making $1.20 a week only to upgrade to $2.20 working as a messenger boy. He eventually taught himself telegraphy and worked as Thomas A. Scott 's assistant for $35 a month. He moved on to investing, with the help from his “mentor” Scott, in the Woodruff Sleeping Car Company and several small iron mills and factories. He was so successful that he was
He started work at a young age he started working in a textile mill. He moved up in the mill and went to work with his boss in the military then he came back he keep changing jobs and ended up in steel making. He wanted to dominate the steel industry so he became a compulsive liar. He didn’t have working skills but he had a gift of finding people with them he was more of a spokesperson. When he die he gave a lot of money away he was a distributer not a philanthropist he gave his money to support the public good like for meeting houses and libraries.
The self-made billionaire, George Soros, who is guided by the interest of the public, is popularly known across the world for his philanthropic legacy. This is a commitment he has engaged in from 1979, and established foundations that serve over 100 countries, having made over $12 billion in contribution as of today. They fund global initiatives that address issues such as accountability in governance, health, education, business, and justice. This is achieved through organizations like the Global Witness, International Crisis Group and the Institute of New Economic
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
This question expands upon the opening question and helps deepen the mystery about the acquisition—the bid price seems to be a fairly full-price offer for PacifiCorp.