Andrew Carnegie Biography Essay

     Let us first look at Mr. Andrew Carnegie. Carnegie was a mogul in the steel industry. Carnegie

Andrew Carnegie built his fortune out of nothing, clawing his way to the top and making his fortune by seeing the expanding usage of steel and quickly jumping on the opportunity, becoming one of the first and biggest steel producers in America, and later the world[2]. With this massive corporation

Carnegie earned a lot of money from his investments and quit his job with the railroad to focus on his business affairs, which included frequent traveling to Europe to sell railroad bonds. On one trip, Andrew Carnegie met the English inventor, Sir Henry Bessemer, who had invented a new process for making high quality steel efficiently and cheaply. After meeting Bessemer, Carnegie decided to concentrate his investments in the steel industry. He opened a steel company in Pittsburgh and adapted his steel mills to use the Bessemer process. The process allowed Andrew Carnegie to manufacture steel efficiently and cheaply. To increase manufacturing efficiency even further, Carnegie began the vertical and horizontal integration of the steel industry, which allowed Carnegie Steel Company to save money as it expanded. He quickly became one of the richest people in history due to his hard work before the creation of Carnegie Steel and during its operation. Andrew Carnegie sold Carnegie Steel Company to J.P. Morgan. Carnegie became a philanthropist in his retirement and gave away $350 million, which was about 90% of his fortune. He built

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 known as the king of steel. He was born November 25, 1835 in Dunfermline, Scotland. In 1848 he and he and his family immigrated to America and ended up in Pittsburg, where they lived in a small house and had very little money. In 1872 he traveled to England where he met Henry Bessemer, the man who converted iron into steel. He took Bessemer’s brilliant steel-making process back to America and built several steel mills in Pennsylvania. At the age of 65 he finally decided it was time to move on from the mills and he sold the Carnegie Steel Company to J.P. Morgan for $480,000,000. A hero is

Andrew Carnegie was born in Dumferline, Scotland, in November of 1935. His parents were Will and Margaret Carnegie. He also had a brother, Tom. The main income for the geographic location where he grew up was weaving linen. The people who engaged in this type of employment considered this an art since it had relatively unchanged since medieval times. Andrew's father was one of those craftsmen. Since there had been so little change in this type of work, they were really caught off guard when machine production came around. For some, this industrialization was good. The Carnegies were lead to believe that this was the way they should be headed. At first the returns were good for them, but prices and demand fell, and

Andrew Carnegie, one of the top business men in Twentieth century America, went from poverty to a multi-millionaire. Carnegie was born in Dunfermline, Scotland, on November 25, 1835. When he was twelve, Andrew’s family immigrated to the United States. There, Andrew got his first job as a bobbin boy. He was making only $1.20 a week, and his family remained in poverty. Over the next few years, Carnegie worked in the railroad industry. He started to earn more and more money by investing in train cars and other items. Finally he decided to work in the steel industry. Producing steel was cheaper than iron, and it worked just as good. His main clients were railroad companies which used the steel for ties. He earned millions of dollars and

Andrew Carnegie was well known for being in the steel industry and a philanthropist in the late nineteenth century.Andrew Carnegie was born on November 25,1835 and died on August 11,1919 at the age of eighty three.Him and his family came to the United States from Dunfermline when he was only thirteen years old,after his family was in poverty.Andrew had grown up in a family that believes in books and learning and because of this he is an avid reader. His father passed away in 1885 which made Andrew more determine to work to support his family.Before Andrew was successful, he had worked many jobs such as working in factory and working as a telegraph operator.Andrew had made money by making investments in steel mills.He was a scottish immigrant

First, started off at 14 he became a messenger in a Telegraph office. Then moved up to become a Telegraph operator in 1851. From there, he took a job at Pennsylvania Railroad in 1853. In 1889, he owned a steel industry. Andrew Carnegie owned the steel industry and started building others. Not long after that, he became the world's richest

J.P. Morgan- The “banker’s banker”, used interlocking directorates to control most of other businesses (made himself wealthy)

Andrew Carnegie was a Scottish born immigrant who settled in the town of Allegheny City, Pennsylvania, now known as the City of Pittsburgh. His parents traveled to the area, as many immigrants did at the time, in an attempt to make a better life for their family. The Carnegies were extremely poor and Andrew’s mother and father worked hard to provide a stable living for their son. With his family values and strong moral character instilled in him at a young age, Andrew Carnegie matured into a visionary leader who modernized the steel industry and created his own personal empire. Through the execution of his vision, he became one of the richest men in the world at the time of his retirement.

The history of modern steel began around 1850, since then it has been basic to the world's industrial economy. Carnegie Steel Company was a steel company that was created by Andrew Carnegie. The company formed in 1892 and was sold in 1901 and was one of the largest business transactions of the early 20th century. Steel was a major component of United States steel corporation. Carnegie was one of the richest men in history. Steel was a very important resource and it gave many people a opportunity to work and make a successful living.

Andrew Carnegie was born on November 25, 1835 in Dunfermline, United Kingdom. Life as we know it today was not only influenced from the past but built on its foundation, the foundation that successful men over the generations have given us. Andrew Carnegie is no exception to this list. He lived a life of wealth through the Carnegie Corporation of New York and dedicated his fortune to structures and developments that have benefited society immensely, from the discovery of insulin and the creation of Pell grants and sesame street, to the dismantling of nuclear weapons. Andrew Carnegie argued that “To try to make the world in some way better than you found it is to have a noble motive in life.” Andrew Carnegie did exactly what he set out to do and left this world on a higher standard than when he found it by accomplishing his goals and pushing this world into the future with his advanced technologies and genius at the helm.

Andrew Carnegie became one of the wealthiest men in the entire world, primarily due to his steel company. He lived from 1835 to 1919, and his industry grew in the time of the Gilded Age, a period marked by industrial and economic growth. Carnegie had many different attributes, making it difficult for historians to characterize him. Some argue that he was a robber baron (someone who uses immoral techniques to gain wealth), a philanthropist (someone who donates money for the good of others), or a captain of industry (someone who becomes very rich through business). While aspects of the robber baron and philanthropist characterizations are true, Carnegie was a successful businessman first and foremost. Carnegie was an intelligent and consequentialist

One of the reason Andrew Carnegie was a hero is because of his business practices. From 1875-1888, he drove down the price of the production costs from $65 to $32 which is about 50% (Doc. D). He was also pioneer of vertical integration. He buys the company that has supplies needed for his steel. He owned Frick coke fields and mining company which are use some of the supplies need to make steels. He controlled “the production process from raw material to manufacture and sale of finished product” under the vertical integration (Doc.G). From the 1870’s to 1900’s, the increased of the steel production in the U.S was about 10,000 tons and ⅓ of it were Andrew Carnegie’s production ( Doc. E). Business practices is one of the reason why he's a hero because with the productions cost decrease, it offer the consumer to buy the steel at a cheaper price and