Andrew Carnegie's net worth at the time of his death in 1919 was estimated to be around $300 million, which would be equivalent to billions of dollars today when adjusted for inflation. He made his fortune primarily in the steel industry, founding Carnegie Steel Company, which became one of the largest and most profitable companies in the world. Carnegie is also well-known for his philanthropic efforts, giving away a significant portion of his wealth to fund libraries, education, and other public initiatives.
used to take care of the poor
Andrew Carnegie spent money on many things. Some of those things like public libraries and other public works are considered positive.
He spent his money in stripper clubs and beer and whiskey.He also spent 10% of his fortune (about $5) on a bellydancer when he traveled to Egypt.
Andrew Carnegie spent his money primarily on philanthropy, focusing on education, libraries, and cultural institutions. He believed in the "Gospel of Wealth," which advocated for the rich to use their fortunes to benefit society. Carnegie funded the construction of over 2,500 public libraries, established educational institutions like Carnegie Mellon University, and supported various scientific and cultural initiatives. His philanthropic efforts were aimed at promoting knowledge and improving the quality of life for others.
Andrew Carnegie invested on steel
$300,00,000
about $189.6 billion dollars
Andrew Carnegie.
Andrew Carnegie.
Andrew Carnegie.
Andrew Carnegie.
Carnegie!
Andrew Carnegie is considered a philanthropist because he donated a large portion of his wealth to build libraries, schools, and other public institutions for the betterment of society. He believed in using his wealth to contribute to the common good and helped establish philanthropy as an important aspect of modern society.
Steel
Andrew Carnegie how he spent his money
A "Carnegie Library" is any one of the more than 2,500 public libraries in the US which were built with money donated by Scottish-American businessman Andrew Carnegie.
Carnegie and Rockefeller donated a lot of their money to public improvement projects. Also, they donated the money to charity. They did it out of philanthropy and out of good will.