Andrew Carnegie
Andrew Carnegie
Andrew Carnegiewas a Scottish-American industrialist who led the enormous expansion of the American steel industry in the late 19th century. He is often identified as one of the richest people in history, alongside John D. Rockefeller and Jakob Fugger. He built a leadership role as a philanthropist for the United States and the British Empire. During the last 18 years of his life, he gave away to charities, foundations, and universities about $350 million– almost 90 percent of his fortune...
NationalityScottish
ProfessionEntrepreneur
Date of Birth25 November 1835
CityDunfermline, Scotland
Andrew Carnegie quotes about
This, then, is held to be the duty of the man of wealth: First, to set an example of modest, unostentatious living, shunning display or extravagance; to provide moderately for the legitimate wants of those dependent upon him; and, after doing so, to consider all surplus revenues which come to him simply as trust funds, which he is called upon to administer, and strictly bound as a matter of duty to administer in the manner which, in his judgment, is best calculated to produce the most beneficial results for the community /the man of wealth thus becoming the mere trustee and agent for his poorer brethren, bringing to their service his superior wisdom, experience and ability to administer, doing for them better than they would or could do for themselves.
We accept and welcome... as conditions to which we must accommodate ourselves, great inequality of environment; the concentration of business, industrial and commercial, in the hands of a few; and the law of competition between these, as being not only beneficial, but essential for the future progress of the race.
Steel is prince or pauper.