PRESENTATION OUTLINE
ANDREW CARNEGIE
- Carnegie was born in Dunfermline, Scotland. UK
- November 25, 1835
- Emigrated to the United States with his parents in 1848.
Andrew Carnegie when he is child, he live in a typical weaver's cottage with only one main room, consisting of half the ground floor which was shared with the neighboring weaver's family.
Falling on very hard times as a handloom weaver and with the country in starvation, William Carnegie decided to move with his family to the United States in 1848 for the better life.
Andrew Carnegie his first job at age 13 in 1848 was as a bobbin boy, changing spools of thread in a cotton mill 12 hours a day, 6 days a week in a Pittsburgh cotton factory. His starting wage was $1.20 per week.
His top worth was about $250,000,000.
In todays dollars, that $100,000,000,000.
Andrew Carnegie had just immigrated to the United States when is a labor. But in the end, he became the owner of the lots of factory and the workers.
He donated approximate five million dollars for the expansion of the New York Library. Carnegie also wrote many books and articles.
He is the richest man in the world and did not leave a penny to his children, because he believes the way they should work, just like he did.
Carnegie set a model for big business and industry as an early adopter of new technologies. After touring Europe and seeing the Bessemer blast furnace, Carnegie pioneered the American use of the technology at his Braddock, Pennsylvania steel works in the 1870s. This established the model on which Carnegie built his empire. He was among the first to implement the open-hearth steelmaking process later in the century.
Andrew Carnegie was the pioneering tycoon of the "Age of Steel". From his companies emerged the steel to build the infrastructure (railroads, bridges, automobiles, ships ...) that would build a nation. He was a major catalyst in the transformation into the Industrial Revolution producing the steel to make machinery and transportation possible. In his philanthropic stage of life, he became the world's beneficiary to education as he is responsible for the construction and donation of thousands of libraries in the U.S., Europe and around the world.
Andrew Carnegie (1835-1919) was a Gilded Age industrialist, the owner of the Carnegie Steel Company, and a major philanthropist. He epitomized the Gilded Age ideal of the self-made man, rising from poverty to become one of the wealthiest individuals in the history of the world. Born into a humble family in Scotland, Carnegie came to the United States with his impoverished parents at the age of thirteen. He worked as a bobbin boy and a telegraph messenger before taking a job with the Pennsylvania Railroad at the age of eighteen. By the Civil War, he held an administrative position with the railroad. At the war's end, Carnegie entered the iron industry, and recognizing that steel rails would soon replace iron rails, he invested in the steel business.