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73. Andrew Carnegie: From Rags to Riches
Andrew Carnegie was born in Dunfermline, Scotland on
25, 1835, to a very poor family. His
was a weaver, and his mother mended shoes
help make ends meet. From these humble beginnings,
became one of the richest men ever to
in the United States. Carnegie was not only
rich; he shared his wealth throughout his lifetime.
is estimated that Carnegie donated approximately 90 percent
his amassed fortune to charity before his death
1919.
Carnegie was one of two children born
a family that shared a living space with
weaver's family. The Carnegies lived in one room,
served as living room, kitchen, and bedroom for
entire family. In an attempt to escape extreme
, Carnegie's father borrowed some money, and moved his
to the state of Pennsylvania in search of
better life. Once in the United States, Carnegie
work doing odd jobs until he found stable
working for the railroads. It is here that
began to earn his fortune.
By 1859, at
age of 25, Carnegie had risen to superintendent
the Pennsylvania Railroad Company. It is here where
began making wise investments. He purchased stock in
, iron, and oil. He also invested in George
's sleeping cars, which became a big success. By
age of 30, Carnegie was a very wealthy
. he founded the Carnegie Steel Company, which eventually
U.S. Steel.
Throughout his lifetime, Carnegie stressed education.
though he was not an educated person, his
emphasized reading during his childhood. Carnegie donated freely
education, and founded Carnegie-Mellon University. Carnegie felt it
the duty of the very wealthy to share
fortune with others. Andrew Carnegie is a true
.
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