Search results
Results From The WOW.Com Content Network
Andrew Carnegie ( English: / kɑːrˈnɛɡi / kar-NEG-ee, Scots: [kɑrˈnɛːɡi]; [2] [3] [note 1] November 25, 1835 – August 11, 1919) was a Scottish-American industrialist and philanthropist. Carnegie led the expansion of the American steel industry in the late 19th century and became one of the richest Americans in history. [5]
The second-richest person in terms of wealth vs. contemporary GDP is disputed. Most sources list Andrew Carnegie, but others say Bill Gates, Cornelius Vanderbilt I, John Jacob Astor IV, or Henry Ford. Lower ranks are a matter of even bigger debate. Vanderbilt left a fortune worth $100 million upon his death in 1877 ($2,400,000,000 today).
Henry Clay Frick. Henry Clay Frick (December 19, 1849 – December 2, 1919) was an American industrialist, financier, and art patron. He founded the H. C. Frick & Company coke manufacturing company, was chairman of the Carnegie Steel Company and played a major role in the formation of the giant U.S. Steel manufacturing concern.
Carnegie Steel Company. Carnegie Steel Company was a steel -producing company primarily created by Andrew Carnegie and several close associates to manage businesses at steel mills in the Pittsburgh, Pennsylvania area in the late 19th century. The company was formed in 1892, and was subsequently sold in 1901 in one of the largest business ...
Chartered by the State of New York as the Carnegie Corporation of New York, the corporation's capital fund, originally worth about $135 million, had a market value of $1.55 billion on March 31, 1999. In 1911–1912, Carnegie gave the corporation $125 million. At that time the corporation was the largest single philanthropic charitable trust ...
The Gospel of Wealth. " Wealth ", [2] more commonly known as " The Gospel of Wealth ", [3] is an article written by Andrew Carnegie in June [4] of 1889 [5] that describes the responsibility of philanthropy by the new upper class of self-made rich. The article was published in the North American Review, an opinion magazine for America's ...
Carnegie died at the age of 89 in Manhattan on June 24, 1946. She was buried in Sleepy Hollow Cemetery, in Sleepy Hollow, New York. Philanthropy. Louise was an influential member of the board of The Carnegie Corporation until her death. She advised Andrew Carnegie as they jointly helped the creation of over 2,500 libraries between 1883 and 1929.
Carnegie's single largest commitment in this field was his creation of the Carnegie Endowment for International Peace. [9] On his seventy-fifth birthday, November 25, 1910, Andrew Carnegie announced the establishment of the Endowment with a gift of $10 million worth of first mortgage bonds, paying a 5% rate of interest. [10]