Looking for Andrew Carnegie’s quotes? Then you are at the right place, I have for you 57 Andrew Carnegie quotes in picture and text format for you to indulge in. However, before we delve in, here is some facts about Andrew Carnegie.
When was Andrew Carnegie born and how did he end up in America?
Andrew Carnegie was born in Dunfermline, Scotland on November 25, 1835. His family were poor and at the age of 13, his family moved from Scotland to the United States in search of a better life. They settled in Alleghenmy, Pennsylvania. The very first job that he got was in a cotton mill that afforded him $1.20 per week.
How did Carnegie become successful
Carnegie was a hardworking man and who excelled in his work. He quickly rose up the ranks with every job he got. From his first job of $1.20 per week, he was soon to be promoted to become a book keeper. Andrew was a bookworm spending his time during Saturday in the wealthy citizens’ homes, which allowed him to have access to their libraries. Later on, he became a telegrapher and because he was so good at his job, promotion was inevitable. He became the personal secretary of the head of a railroad company where he learned a lot about the rail industry. It is this knowledge that would enable Carnegie to become the steel tycoon we remember him today.
Carnegie figured out that if he owned the mines and the rails, he would be able to bring down the cost of producing steel. He thus started to invest in iron and oil companies. His investments paid off and at the age of 57 he founded the Carnegie Steel Company. 9 years later, in 1901 Carnegie sold his company to J.P. Morgan who then merged his company to form the well known U.S. Steel.
How much did Andrew Carnegie make?
Carnegie sold his company Carnegie Steel for a whopping US$480 million (14.8 billion- 2019 figures)!
Andrew Carnegie net worth?
Carnegie’s net worth was around US$475 million which would have been around USD14.8 billion in 2019. However , by the time of his death in 1919 he had donated most of his wealth to charities and other philanthropic endeavors and had only US$30 million left to his personal fortune. What a generous man he was!
How Andrew Carnegie helped build America?
A question that is asked often. It was Carnegie’s revolutionary methods and use of technology that manufactured the raw materials for the railroads in the United States. With Carnegie’s steel and with the railroads he built, America had the raw materials and the transport system enabling the country to become a key player in the Industrial Revoluton.
Andrew Carnegie the philanthropist
His retirement did not stop him from being a public figure of inspiration. Before he died, he was able to donate more than $350M to various public foundations. The hardships of not having access to books when he was younger became his driving force to build over 3,000 libraries. Some of the most notable contributions he made were the Carnegie Hall in New York and Carnegie-Mellon University.
When did Andrew Carnegie die?
Andrew Carnegie died on August 11, 1919 aged 84 years. He however left a lasting legacy through his libararies and quotes below. Enjoy!