List of Wealthiest Historical Figures - North American Figures and Their Wealth - Andrew Carnegie

Andrew Carnegie

Andrew Carnegie was born in Dunfermline, Scotland before emigrating to the US. Founder of the Carnegie Steel Company, which was the most extensive integrated iron and steel operations in the United States, Carnegie merged his company into U.S. Steel and sold his share for US$492 million in 1901. Capitalized at US$1.4 billion at the time, U.S. Steel was the first billion dollar company in the world. In his final years, Carnegie's net worth was US$475 million, but by the time of his death in 1919 he had donated most of his wealth to charities and other philanthropic endeavors and had only US$30 million left to his personal fortune. Carnegie's hundreds of millions accounted for about 0.60% of the U.S. annual GDP and has a real value estimated at anywhere from US$75 billion to US$297.8 billion adjusted for the late 2000s (decade).

Read more about this topic:  List Of Wealthiest Historical Figures, North American Figures and Their Wealth

Other articles related to "andrew carnegie, carnegie, andrew":

Ludington Public Library - Mid History
... They first made contact with Andrew Carnegie around 1903 concerning obtaining funds for the construction of a new library ... Literary Club worked on obtaining the grant from the Carnegie Institution for construction of the new Ludington library ... Carnegie wrote back a letter saying that as soon as the city council decided on a free site and could guarantee it then funds would be appropriated ...
Carnegie Institution For Science - History - The Name
... Beginning in 1895, Andrew Carnegie donated his vast fortune to establish 22 organizations around the world that today bear his name and carry on work in fields as diverse as art, education ... (See Andrew Carnegie's 23 Organizations) ... In 2007, the institution adopted the name "Carnegie Institution for Science" to better distinguish it from the other organizations established by and named for Andrew Carnegie ...
Andrew Carnegie - Legacy and Honors
... The dinosaur Diplodocus carnegiei (Hatcher) was named for Carnegie after he sponsored the expedition that discovered its remains in the Morrison Formation (Jurassic) of Utah ... Carnegie was so proud of "Dippi" that he had casts made of the bones and plaster replicas of the whole skeleton donated to several museums in Europe and South America ... The original fossil skeleton is assembled and stands in the Hall of Dinosaurs at the Carnegie Museum of Natural History in Pittsburgh, Pennsylvania ...
Andrew Carnegie Mansion
... The Andrew Carnegie Mansion is located at 2 East 91st Street at Fifth Avenue in Manhattan, New York City, New York ... Andrew Carnegie built his mansion in 1903 and lived there until his death in 1919 his wife, Louise, lived there until her death in 1946 ... The surrounding neighborhood on Manhattan's Upper East Side has come to be called Carnegie Hill ...
Thomas M. Carnegie - Career - The Lucy Furnace and Thomson Works
... Thomas Carnegie played a critical role in the expansion of the Carnegie Bros ... investors who joined the Isabella Furnace Company were Thomas' friends, not Andrew's ... Thomas Carnegie supervised the operation of the Lucy furnace, and he was almost alone in contributing to its business success ...

Famous quotes containing the word carnegie:

    I would as soon leave my son a curse as the almighty dollar.
    —Andrew Carnegie (1835–1919)