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How did Andrew carnegie his fortune?

Anonymous

∙ 7y ago

Updated: 9/27/2023

He had many business interests, but mainly steel.

Erin Bode ∙

Lvl 10

∙ 4y ago

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How did Andrew Carnegie amass his fortune?

He had many business interests, but mainly steel.

What industry did Andrew Carnegie make his fortune?

After the Civil War he owned the largest iron and steel works in America.

Who had a monopoly in the steel industry?

Andrew Carnegie and then he sold it to J.P. Morgan

What was Andrew Carnegie's monopoly?

Andrew Carnegie's Monopoly is the extreme case in capitalism.

What did Andrew carnegie do whit his wealth?

Andrew Carnegie used his wealth primarily for philanthropy, believing in the responsibility of the wealthy to give back to society. He funded the establishment of libraries, schools, and universities, and his most notable contributions include the creation of the Carnegie Corporation and the Carnegie Endowment for International Peace. Carnegie famously articulated his philosophy in "The Gospel of Wealth," advocating for the rich to use their fortunes for the greater good of humanity. Ultimately, he donated over 90% of his fortune to various charitable causes.

Related Questions

Who was an industrialist who made his fortune in shipping and railroads?

andrew carnegie

What is Andrew carnegie?

Andrew Carnegie was not a religious man per se, however, he did attend a Presbyterian Church for many years. Carnegie was an industrialist who made his fortune in the steel industry.

How did Andrew Carnegie amass his fortune?

He had many business interests, but mainly steel.

Who was and industrialist who made a fortune in the steel industry in the late 1800's through vertical consolidation?

Andrew carnegie

Scottish immigrant who made a fortune in steel and donated most of his profits?

Andrew Carnegie

Who was Scottish immigrant who made a fortune in steel and donated most of his profits?

Andrew Carnegie

When did Andrew carnegie retire?

Andrew Carnegie retired in 1901 when he sold his steel company, Carnegie Steel Corporation, to J.P. Morgan for $480 million, making him one of the wealthiest individuals of his time. He then focused on philanthropy and donated much of his fortune to various causes.

What were Andrew carnegie's parents names?

Andrew Carnegie's father was William Carnegie. His mother was Margaret Morrison Carnegie.

What industry did Andrew Carnegie make his fortune?

After the Civil War he owned the largest iron and steel works in America.

Which American objected to U.S invented in cuba?

Andrew Carnegie

Is Andrew Carnegie single?

No, Andrew Carnegie is not single.

How old was Andrew Carnegie's daughter when he died?

Margaret Carnegie Miller (Andrew Carnegie's daughter) was 22 years old when Andrew Carnegie died.

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