Of the many 'rags to riches' stories in US history, Andrew Carnegie's is one of the most fascinating. After immigrating from Scotland when he was a child, he worked his way up through a telegraph... More > company, and with sheer determination and hard work, his investments in the railroads and steel made him one of the richest man in the world. This story wouldn't be so interesting if he'd died with all of his loot: before he kicked the bucket he had given away 90% of his money. His philanthropy funded thousands of libraries, music halls and parks that were free to the public. Super-rich computer moguls today are left with this legacy, and it seems like Bill Gates and Paul Allen are following his lead. But even average business-minded folks today can read Carnegie's autobiography for such a takeaway. Here is a look into the life and mind of one of history's richest men-in both wealth and character.< Less
Andrew Carnegie (1835 – 1919) was an American entrepreneur, businessman, and industrialist of Scottish extraction, known for his role as a major philanthropist. Carnegie's was the classic... More > "rags to riches" tale, as he rose up by his bootstraps from a bobbin factory worker, a bill logger, and a messenger boy - eventually climbing his way through of the ranks of a telegraph company, where he made the leap into steel refining. When he sold the Carnegie Steel Company to J.P. Morgan for $480 million, it would become U.S. Steel. Carnegie donated most of his fortune to establish libraries, and other institutions the world over, including Carnegie Hall, the Carnegie Endowment for International Peace, Carnegie Institution of Washington, Carnegie Mellon University and the Carnegie Museums of Pittsburgh.
Despite having set the standard for how the mega-rich should "spend it," Carnegie did go out and enjoy himself. His book Round the World is his first hand account of a year he spent traveling abroad.< Less