Andrew Carnegie
Background, Achievements, Legacy
Background
Achievements
Andrew Carnegie was one of the first people to implement the Bessemer processin steel factories revolutionizing the steel industry.
Investments-
Andrew Carnegie was able to notice trends in the stock market making a small fortune investing in different companies.
Early Companies-
Andrew Carnegie created multiple small companies in different industries and used insider pull and connections to make each of these companies flourish even though they were in completely different fields.
Steel Industry-
Andrew Carnegie created a monopoly over the entire steel industry effectively controlling most of the worlds steel production and becoming one of the richest men of the time.
Philanthropy-
Andrew Carnegie started multiple charities and invested heavily in many more donating a total of around $350 million over his life.