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Steelin' Your Business: Andrew Carnegie

  • Birth

    Birth
    Andrew Carnegie, one of the greatest entrepreneurs in history, is born in Dunfermline, Scotland.
  • Early Years

    Early Years
    12-year-old Carnegie finds work as a messenger boy at a railroad company under the employment of Tom Scott.
  • Moving Up In The Ranks

    Moving Up In The Ranks
    At age 30, Carnegie becomes manager of Tom's railroad company and is faced with the task of creating the St. Louis Bridge.
  • Carnegie's 1st Company

    Carnegie's 1st Company
    Keystone Bridge Company was a bridge building company established by Carnegie which later led to the first steel bridge.
  • Building the 1st Steel Bridge

    Building the 1st Steel Bridge
    Construction began in February 1868 of the first bridge to stretch across the Mississippi River.
  • Marriage

    Marriage
    He married Louise Whitfield one year after his mother died.
  • Bought Many Competitors and Rivals

    Bought Many Competitors and Rivals
    Carnegie purchased Homestead Steel Works.
  • Starting A Company

    Starting A Company
    The Carnegie Steel Company was founded. Carnegie figured out how to mass-produce steel.
  • Homestead Strike

    Homestead Strike
    The company tried to lower employees wages and the employees objected. They refused to work and started a conflict that became known as the Homestead Strike. While Carnegie was away at the time of the strike, many held him accountable for his mangers' actions.
  • Child was Born

    Child was Born
    Andrew and Louise Carnegie had their only child and named her Margaret after Andrew's mother.
  • Lifestyle Change

    Lifestyle Change
    At the age of 65, Carnegie decided to spend the rest of his days helping others and begun his philanthropic work.
  • Selling His Business

    Selling His Business
    Carnegie sold Carnegie Steel Company to J.P. Morgan for $500 million.
  • Donations

    Donations
    Carnegie donated $5 million to the New York Public Library, so they could open more branches. During his lifetime, Carnegie gave away over $350 million.
  • United States Steel Corporation

    United States Steel Corporation
    Carnegie Steel, now under J.P. Morgan, became incorporated and had a name change.
  • Carnegie-Mellon University

    Carnegie-Mellon University
    Carnegie established the Carnegie Institute of Technology in Pittsburgh which now has changed its name.
  • Carnegie Foundation for the Advancement of Teaching

    Carnegie Foundation for the Advancement of Teaching
    Carnegie's love for education led him to create the Carnegie Foundation for the Advancement of Teaching which is meant to advance teaching and learning for many.
  • Carnegie Endowment for International Peace

    Carnegie Endowment for International Peace
    Carnegie's strong interest in world problems lead him to form the Carnegie Endowment for International Peace which was meant to drive the advancement of peace by analyzing and developing fresh policy ideas.
  • Death

    Death
    Carnegie died in Lenox, Massachusets at the age of 83 from bronchial pneumonia.