Andrew Carnegie

Who was Andrew Carnegie?

Andrew Carnegie was a businessman who became the richest man in the world. He did this by buying every railroad and making railroads all across the world. When he did this, he became not only the richest man, but also the most powerful. But with great power comes great responsibilities.

Andrew Carnegie's Train

Andrew Carnegie's Train

In the 1870's, Carnegie joined with J. Edgar Thomson to make a steel bridge across the Hudson River. This bridge was used for tracks. These tracks would later be used to allow Carnegie's train to cross with supplies and people. This created the first biggest change for Carnegie.

Andrew Carnegie's Oil Company

Andrew Carnegie's Oil Company

In 1864,Carnegie became one of the first investors in the Columbia Oil Company In Venango County, Pennsylvania. After one year, they earned over $1,000,000. After becoming one of the earliest investors in the oil company, Carnegie decided to go even further.

Andrew Carnegie's Steel Company

Steel Company

In 1901, J.P. Morgan merged with Andrew Carnegie's steel company. This later made the Carnegie Steel Corporation to become one of the largest corporations in the U.S. This was capitalized at $1.4 billion.

Andrew Carnegie's Book

Andrew Carnegie's book

Andrew Carnegie wrote 54 books in his life. His most known book is The Gospel Of Wealth. This book was all about the responsibility Anericans have in order to benefit the greater good. By writing this, Carnegie wanted to reach out to people to be charitable and close the gap between the rich and the poor.

Carnegie's Library

Carnegie's Library

In the 19th century, Carnegie donated over $40 million worth in 1,679 new library buildings in large and small communities all across America. He wanted to do this so that he could have entertainment and education for millions.This took 34 years to do.