Andrew Carnegie

Chiara Abel 

Mr. Roddy

IHSS 

April 19, 2022

Andrew Carnegie


    Andrew Carnegie was a Scottish-American philanthropist who led the expansion of the steel industry in America. When Andrew Carnegie was in Scotland his family lived in modest circumstances, his father was a handloom weaver, and his mother did seeing work for local shoemakers. Eventually, his family uprooted their life and came to America in search of better opportunities. Andrew Carnegie's first job was as a bobbin boy at a cotton factory. Later, he was working at the Pennsylvania Railroad company where he took over his boss' position and became the railroad division superintendent. After becoming the railroad division superintendent he made investments In other industries such as coal, iron, oil, and the manufacturing of railroad sleeping cars. In the 1870's he earned his fortune and started a steel company. His steel company was very successful and he later sold it for about 480 million dollars. Andrew Carnegie was able to minimize insufficiencies in the steel industry. He owned several factories and used raw materials and transportation. After selling his company he became invested in being a philanthropist.  Another company he founded was the Carnegie Corporation of New York. The Carnegie Corporation of New York is a "scientific philanthropy" based company that aimed to invest in the long-term progress of society. He used the company to promote education and international peace, he also wanted the company to benefit the American society. Andrew Carnegie believed that the rich had "a moral obligation to distribute their money in ways that promote welfare and happiness of the common man." He donated 350 million to over 2,500 national and international libraries and 7,500 organs to various churches.

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