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Andrew Carnegie and then he sold it to J.P. Morgan
It depends on what you mean by a "captain of industry." The term generally applies specifically to John D. Rockefeller, J.P. Morgan, Andrew Carnegie, and others during their time. But you could certainly say that Bill Gates was a modern captain of industry in the sense that he helped pioneer the modern personal computing industry.
J. P. Morgan bought it and changed the name.(;
philanthropists and industrialists
standard oil company
oil industry
Andrew Carnegie, John D. Rockefeller, J.P. Morgan, Cornelius Vanderbilt, Leland Stanford
Andrew Carnegie and then he sold it to J.P. Morgan
Some of the so-called "Captains of Industry" included Andrew Carnegie, J.P. Morgan, John D. Rockefeller and Andrew W. Mellon.
the price was right
Steel was the fast growing industry after 1885. Oil companies Carnegie and Rockefeller were also large powerhouses but JP Morgan Steel bought them out.
Carnegie Steel was founded in 1892 when Andrew's various steel mills were merged together. http://www.spartacus.schoolnet.co.uk/USAcarnegie.htm
Steel. Carnegie and Rockefeller (oil) were the power houses of the day, but J.P. Morgan purchased Carnegie's business and made Carnegie the wealthiest man in the world at the time. America was also the world's largest steel producer and still is.
1900
J.P. Morgan's U.S. Steel Corporation bought out Andrew Carnegie's Carnegie Steel Company in 1901, creating the world's first billion-dollar corporation. The acquisition made Carnegie one of the wealthiest individuals in the world.
1900
It is unknown