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Andrew Carnegie is Born
Born on November 25, 1835, in Dunfermline, United Kingdom. -
Andrew's Father gets Laid Off
In 1847, after the steam-powered looms are introduced in Dunfermline, Andrew Carnegie's hometown. Hundreds of handloom workers including his father, Will, are unemployed. -
Andrew Carnegie Comes to America
At the age of 13, Andrew and his family come to America. -
Andrew rises to the Position of the Division Superintendent of the Pennsylvania Rail Road
From a Pittsburgh cotton factory boy, he rose to the position of the Division Superintendent of the Pennsylvania railroads. -
Carnegie Leaves his Post with the Railroad
In 1865, Carnegie leaves his railroad post to pursue his career in the business world. -
Entering the Steel Business
In the early 1870s, Andrew gets started in the steel business. He co-founded his first steel company near Pittsburgh. -
Andrew's Mother Dies
His mother, which was a major influence in Andrew's life died in 1886. -
Andre Carnegie gets Married
In 1887, a year after his mother's death/ He marries Louise Whitfield. -
Andrew Carnegie writes an Essay
In 1889, Andrew wrote an essay called "The Gospel of Wealth." -
Carnegie Hall is Opened
In 1891 Carnegie Hall is opened. -
Andrew's Primary holdings are Consolidated to form Carnegie Steel Company
In 1892, his primary holdings are consolidated to form his steel company. -
A Child is Born
In 1897, Carnegie along with his wife, births their first and only child Margaret. -
Carnegie Steel Company is Sold
In 1901, Andrew sold Carnegie Steel Company to banker John Piermont Morgan for $480 million. Today this amount of money would be worth $13 billion. -
Andrew Carnegie Dies at the Age of 83
On August 11, 1919, at the age of 83, Carnegie dies at his house in Lenox, Massachusetts. The cause of death is Bronchopneumonia. Which is pneumonia that affects the bronchi in the lungs. -
Andrew Carnegie's Net Worth Today in 2020
As of today, Andrew Carnegie's net worth is $500 billion.