Andrew Cargenie is an industrialist and philanthropist who have expanded the steel industry of American in the 19th Century. He is recognized as one of the richest people in America. He has given around $350 million of the amount to foundations, universities, and charities. This was around 90% of his wealth. His life is quite interesting to know can you can read this article for knowing biography and net worth of Andrew Carnegie’s net worth.
Early Life & Biography
He was born on 25th November in the year 1835 in Dunfermline in Scotland. He went to the United States along with his parents in the year 1348. He took birth to Margaret and William Carnegie. He used to live in a cottage, and it only had one living room in it which was also shared with the neighbors. In the year 1836, they moved to another house. He took education at a school in Dunfermline. He used to work as a telegrapher at first and around 1860s, he had a lot of invested money in the bridges, railroads, etc. He gathered more money by working as a bond salesman.
When he was just thirteen years old, he saw his father facing a hard time with his weaving business. His mother used to support his family by helping her brother who used to work as a cobbler. She also sold potted meats at her shop. His first job was a bobbin boy in the year 1848 that used to work in a cotton factory with his father. He had suffered a lot in his past life.
Career, Awards & Nominations
His career wasn’t started instantly as a businessman, but he began working as a telegrapher at first. Later on, he invested a lot of money in the construction works, and he owned the Steel Company in Pittsburgh. He sold this company to J.P. Morgan for around $480 million in the year 1901. Mostly, he has been involved in the philanthropy and paid special attention to education and research. He earned a lot of money and made Peace Palace, Trusts and various organizations with his wealth.
The awards and recognition gained by him can’t be counted as he has got awards for his donations and helped for the institutions. He has earned a huge amount of wealth but donated ninety percent of it for the welfare of the society.
Net worth & Earnings
The net worth of Andrew Carnegie is $325 million which he has collected by working as a businessman. He is also a philanthropist and has earned a considerable amount of money with his work. He has made a wide number of organizations, schools and institutions and most of them are for the welfare of the society. At a time, he was just a bobbin boy, but with his hard work and dedication, he got to be one of the richest men of United States.
He was an industrialist who started her work when he was a poor boy whose family’s economic conditions weren’t so good. He is the person who has worked day and night to reach such a platform that the people remember him till now. He has accumulated huge wealth which made him one of the richest people in the United States. It’s not that he has earned this much amount of money for only him, but he has also worked for the charities and poor people. He has made a number of institutions which are helping a number of people even today and will do the best for society for a number of years. He has left a mark of memories in the heart of people forever.