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Andrew Carnegie used his wealth primarily to promote education and philanthropy. He established numerous libraries, schools, and universities, including the Carnegie Libraries and Carnegie Mellon University. Additionally, he funded scientific research and cultural institutions, believing that wealth should be used to benefit society and improve the lives of others. His philanthropic efforts were guided by the principle that the rich have a responsibility to give back to the community.

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As of today, John D. Rockefeller would likely be considered richer than Andrew Carnegie when adjusting for inflation and overall wealth accumulation. Rockefeller's wealth peaked at around $400 billion in today's dollars, largely due to his dominance in the oil industry through Standard Oil. Carnegie, known for his steel empire, had a peak wealth of approximately $310 billion when adjusted for inflation. Both men were extremely wealthy in their time, but Rockefeller's financial legacy has had a more lasting impact.


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Andrew Carnegie expressed his belief in the Gospel of Wealth by donating millions to philanthropy and founding thousands of public libraries.


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