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BIOGRAPHY OF ANDREW CARNEGIE


 Introduction: Hi everyone this is Chandan. Today I am going to tell you about a great businessman. Who is known as the Scottish and American steel tycoon. It is really prominent for us to know about great people and should learn a new thing from them. Every day we read a lot about many things and keep on learning to get motivation and knowledge. But guys do you know? We have intellectual curiosity to know and learn about many things, it depends on us how do we inspire to read about a great person, because when we read we get motivation and we want to be like them. So let's learn new things to Andrew Carnegie.  



Andrew Carnegie was a Scottish-American steel tycoon and one of the wealthiest businessmen of the nineteenth century. Andrew Carnegie was a learned. 


1 ANDREW CARNEGIE CHILDHOOD 

Andrew Carnegie was born on November 25, 1835, in Dunfermline, Scotland to William Carnegie and Margaret Morrison Carnegie. His father was a weaver, and Carnegie grew up in a family who gave importance to books and learning. So Andrew was a learner since his childhood. 

When Andrew was thirteen, he moved to the US with his family in 1848. Due to his family's financial conditions he ended up working in cotton factories. But he left hi job and began focusing on reading, theatre and music. In 1849, he became a messenger boy for a telegraph office in Pittsburgh.


2 ANDREW CARNEGIE'S JOB AND BUSINESS LIFE

In 1853, Carnegie took up a job at the Pennsylvania Railroad. He worked there with Thomas A. Scott as a personal telegrapher and assistant. He started to understand the importance of iron and steel. The railroad business was the top-rated business in America in those days. During the Civil War, iron bridges were in high demand. Working with Scott was a learning milestone for Carnegie; he learned the basics of investment. In 1856, Theodore Woodruff approached Carnegie with an idea to create sleeping cars on the railways. He also gave him a small part of the Woodruff Sleeping Car Company. Carnegie accepted the offer and invested in his idea. He was the first person to introduce the sleeping car in the U.S. railways. 


3    CARNEGIE'S OTHER BUSINESS 

 In 1861, Carnegie invested in oil. The money that he got from his sleeping cars was spent on buying an oil company. This led Carnegie to expand his wealth. In 1865, he left his railroad job and focusing on other interests. That year he founded the Keynote Bridge Company. Carnegie began reaching out, to make contracts and profits in the Iron-making industry. He took every other project out there to build bridges. 

In mid 1870s, Carnegie opened his first steel plant in Pennsylvania. He purchased a rival steel company called the Homestead Steel Works. In 1892, he established the Carnegie Steel Company. To open the company, he used the money he had amassed over the years. His company worked to create many technological inventions in the production of steel.  He achieved success and became the biggest manufacturer of steel rails, pig iron, and coke in the world. In 1901, Carnegie sold his steel company to J. P. Morgan. Morgan created the U. S. Steel Corporation and made Carnegie the richest man in the world. 


4 ANDREW CARNEGIE'S CHARITABLE WORK

Andrew Carnegie began his charitable work in 1870. He supported multiple projects and causes. He is best known for his contribution to free public library buildings. He gifted libraries to the English-speaking world like the US, UK, Australia, and New Zealand. Even though he was considered to be the richest man, his philosophy was to use little on himself and instead use his great wealth to promote the welfare and happiness of others. For these noble intentions, Carnegie was widely extolled. 

Carnegie provided funds for the Carnegie Trust. In 1895, he established a university called the Carnegie Institute of Pittsburgh. He also donated money to build the Carnegie Institute of Technology at Pittsburgh in 1901. Besides the obvious infrastructure, the institute includes an art gallery, music hall and a museum. To encourage research and development, he began the Carnegie Institution of Washington. 

In 1886, he published his well-known piece Triumphant Democracy. It was well-accepted in the U. S. In 1889, he wrote The Gospel of Wealth in which he describes the social differences between the wealthy class and the less fortunate in the society. 


5 ANDREW CARNEGIE'S MAGGIES LIFE 

He got married in 1887 to Louise Whitfield at the age of 51. He had only one child. He died of bronchial Pneumonia on August 11, 1919, in Massachusetts. 

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