How did Carnegie become so wealthy?
Scottish-born Andrew Carnegie (1835-1919) was an American industrialist who amassed a fortune in the steel industry then became a major philanthropist. Carnegie worked in a Pittsburgh cotton factory as a boy before rising to the position of division superintendent of the Pennsylvania Railroad in 1859.
How did Andrew Carnegie donate his money quizlet?
Carnegie donated his money to build institutions that would better society. living things evolve and change through natural selection, and the strongest traits survive over time. believed less fortunate people were sinners and deserved their station in life.
How does Carnegie view charity?
He states that “one of the serious obstacles to the improvement of our race is indiscriminate charity.” By this, Carnegie means that money should not be indiscriminately handed out to “encourage the slothful, the drunken, the unworthy.” Carnegie believed that when it comes to charitable giving “the main consideration …
How much did Carnegie give to charity?
During his lifetime, Carnegie gave away over $350 million. Many persons of wealth have contributed to charity, but Carnegie was perhaps the first to state publicly that the rich have a moral obligation to give away their fortunes.
Who was the richest person in 1899?
By half decade
| Year | Name |
|---|---|
| 1890 | John D. Rockefeller |
| 1895 | |
| 1900 | Andrew Carnegie |
| 1905 |
Who was the richest man in 1899?
Real-time estimates came from Forbes.
- Russell Sage (1816-1906)
- Sergey Brin (b.1973)
- James G.
- William Weightman (1813-1904)
- Charles & David Koch (b.1935, b.1940)
- Cyrus H.K. Curtis (1850-1933)
- John Insley Blair (1802-1899)
- Jim Walton (b.1948) • 2018 estimated net worth: $46.6 billion.