-
Date of Birth
Andrew Carnegie was born on November 25, 1835, in a town called Dunfermline, Scotland. -
Moving at 13
Carnegie moved when he was 13 to a house in Allegheny, Pennsylvania. At 13 he went to work at a factory earning $1.20 a week. Which was a lot back then. -
Jobs
He started as a messenger boy and ended up at 1853 as someones secretary. -
Father's Death
His fathers death lead to Carnegie wanting to reading, theater, and music. He wanted to have an education. -
First investment
He made his first investment of $500 in Adams Express, which helped him have a huge start in his work. -
Job Change
Andrew decided he wanted to leave the railroad company. So he could achieve his dream of working at some place like Keystone Bridge Company. -
Steel over Iron??
Carnegie knew that iron would soon be replaced with steel and off course it did when he made his company in 1874 -
Carnegie Steel Corporation
In 1889 he built Carnegie Steel Corporation. It was the largest out of all other steel corporations in the world. -
Only because of the Expense??
Some people thought that the success was because of the expenses of the company. They tried to lower it but it was unsuccessful. -
Selling Carnegie Steel Corporation
He sold Carnegie Steel to a banker named John Pierpont Morgan. He sold the company for $480 million dollars, but after words gave away over $350 million. -
Teaching
He created Carnegie Foundation so he could teach people how to work in his factory the right way. -
Date of Death
He died August 11, 1919, Lenox, Massachusetts. He died to a decease called bronchial pneumonia. He died when he was 83 years old.