💼 Steel King Andrew Carnegie: The Man Who Rewrote the Value of Wealth
Andrew Carnegie (25 November 1835 – 11 August 1919) was a Scottish-born, American successful entrepreneur and philanthropist.
**His life as a symbol of the "American dream" **, from poor immigrant boy to world-class man to giant donor again, is still inspiring to many.
🏭 The birth of the steel king
Carnegie founded the Carnegie Steel Company, which led to the innovation of the steel industry, leading the American industrialization era.
Through his "vertical integration" strategy, he directly controlled all the processes needed for steel production, from mines to railways, generating huge profits.
As a result, he earned the nickname "The Iron King" and established himself as a key figure in U.S. economic growth.
💬 His philosophy: "It is shameful to die rich"
Carnegie is not just a businessman who made a lot of money.
He argued in an article called "The Gospel of Wealth" that the rich should fulfill their social responsibilities.
His idea was simple
"The wealth I have is not just mine. I got it from society, so I have to give it back to society."
🤝 Carnegie, the King of Donations, the legacy he left behind
Carnegie has donated more than 90 percent of his wealth to society. His typical donation activities are as follows
📚 2,500 public libraries will be built
We set up libraries in the U.S., the U.K., Canada, etc. to provide educational opportunities for everyone.
🧪 support for science and education
• Carnegie Mellon University was established
• Numerous organizations, including the Carnegie Institution for Science, the Carnegie Endowment for International Peace, and the Carnegie Endowment for Education, were established
• Donation activities in various ways, such as organ donation to church and establishment of the Hero Fund (Carengie Hero Fund), etc
🧨 There was also controversy
His management style has not always been ideal.
During the Homestead Strike of 1892, clashes with workers resulted in many casualties and were criticized as "labor exploiters."
🧠 Andrew Carnegie's famous saying
"It is a disgrace to die rich."
"To succeed, work with someone smarter than you."
"It is not your responsibility to be born poor; but it is your responsibility to die in poverty."
🎯 The message of Carnegie's life
Andrew Carnegie's life is 'success' itself, but a bigger value than that lies in **'what will you do after success'**.
He's the one who showed himself that what's more important than the accumulation of wealth is how to use it.
Andrew Carnegie (25 November 1835 – 11 August 1919) was a Scottish-born, American successful entrepreneur and philanthropist.
**His life as a symbol of the "American dream" **, from poor immigrant boy to world-class man to giant donor again, is still inspiring to many.
🏭 The birth of the steel king
Carnegie founded the Carnegie Steel Company, which led to the innovation of the steel industry, leading the American industrialization era.
Through his "vertical integration" strategy, he directly controlled all the processes needed for steel production, from mines to railways, generating huge profits.
As a result, he earned the nickname "The Iron King" and established himself as a key figure in U.S. economic growth.
💬 His philosophy: "It is shameful to die rich"
Carnegie is not just a businessman who made a lot of money.
He argued in an article called "The Gospel of Wealth" that the rich should fulfill their social responsibilities.
His idea was simple
"The wealth I have is not just mine. I got it from society, so I have to give it back to society."
🤝 Carnegie, the King of Donations, the legacy he left behind
Carnegie has donated more than 90 percent of his wealth to society. His typical donation activities are as follows
📚 2,500 public libraries will be built
We set up libraries in the U.S., the U.K., Canada, etc. to provide educational opportunities for everyone.
🧪 support for science and education
• Carnegie Mellon University was established
• Numerous organizations, including the Carnegie Institution for Science, the Carnegie Endowment for International Peace, and the Carnegie Endowment for Education, were established
• Donation activities in various ways, such as organ donation to church and establishment of the Hero Fund (Carengie Hero Fund), etc
🧨 There was also controversy
His management style has not always been ideal.
During the Homestead Strike of 1892, clashes with workers resulted in many casualties and were criticized as "labor exploiters."
🧠 Andrew Carnegie's famous saying
"It is a disgrace to die rich."
"To succeed, work with someone smarter than you."
"It is not your responsibility to be born poor; but it is your responsibility to die in poverty."
🎯 The message of Carnegie's life
Andrew Carnegie's life is 'success' itself, but a bigger value than that lies in **'what will you do after success'**.
He's the one who showed himself that what's more important than the accumulation of wealth is how to use it.
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