Andrew Carnigie
Essay by wakakakakaka • February 28, 2016 • Essay • 304 Words (2 Pages) • 1,197 Views
Andrew Carnegie
Andrew Carnegie was a Scottish-American business industrialist and owner of the Carnegie Steel Company in Pittsburgh. He was among the most famous and wealthy industrialists of his day. Through the Carnegie Corporation of New York, the innovative philanthropic foundation he established in 1911, his fortune has since supported everything from the discovery of insulin and the dismantling of nuclear weapons, to the creation of Sesame Street and the Common Core Standards. Millions of people have benefited from his foresighted generosity—a legacy of real and permanent good. There, at the age of 13, Andrew began his career as a bobbin boy in a cotton factory. A voracious reader, he took advantage of the generosity of an Allegheny citizen who opened his library to local working boys. Books provided most of his education as he moved from being a Western Union messenger boy to telegraph operator and then to a series of positions leading to the superintendent of the Western Division of the Pennsylvania Railroad. While still employed by the Railroad, Carnegie invested in a new company to manufacture railway sleeping cars. From there, he expanded his business ventures to encompass the building of bridges, locomotives and rails. In 1865, he organized the first of his many companies, the Keystone Bridge Company, and in 1873, the first of his steel works. When Carnegie retired from business in 1901, he set about in earnest to distribute his fortune. In addition to libraries, he provided hundreds of church organs to local communities. Carnegie's wealth helped to establish numerous colleges, schools, nonprofit organizations and associations both in his adopted country, as well as in Scotland and throughout the globe. His most significant contribution, both in terms of money and in terms of enduring influence, was the establishment of several endowed trusts or institutions bearing his name.
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