Andrew Carnegie

THE JIST

• 11/25/1835- 8/11/1919 (83 years old)
• spearheaded steel production in PA
• Worked with US steel and Carnegie Steel
• Net worth from 75 to 300 Billion Dollars

Life

• Born in Scotland to a poor family
• Moved to PA in 1848
• Began steel businesses in late 1800s
• One of richest men in American History

Entrepreneurial Example

• worked at telegraph station between ages 14- 18
• became self made man ethically
• Worked hard to be best at what he did

Steel Giant

• Improved steel production methods
• began owning every part of production
• resulted in monopoly
• US Steel is first billion dollar company in the world

Philanthropy and impact

• Pittsburgh is on the map due to steel
• net worth of $475 Million in life
• at death, only had $30 Million