Andrew Carnegie Biography Essay

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Andrew Carnegie was a Scottish boy was born on 1835. Andrew was an American industrialist. That worked on the steel industry and then later on became a philanthropist. Andrew was raised on Dunfermline, Scotland, he stayed at a weavers cottage with his parents with just one room, he was the oldest child of Will and Margaret Carnegie, handloom weavers. Half of the cottage was shared with another weaver’s family. On 1847, people (weavers) in Scotland agitated for economic reasons, but there wasn’t a lot of success for weavers. So Will Carnegie, Andrews dad, decided to move him and his family to the United States, year 1848. Andrews family decided to settle in Allegheny, Pennsylvania, where Andrews dad struggled to maintain the family. When Andrew noticed they were struggling he decided to start factory work, just …show more content…

When he started working he started learning more about the railroad industry and how the business is managed. In 1556, three years later he was promoted to a superintendent. When he was working on the railroad, Andrew decided to make a few investments but he made sure on what he was doing and how much the cost where of his investments. In 1565, Andrew Carnegie decided to quit his job at the railroad to focus on his own work/business, and founded the Keystone Bridge Company, Tom Scott, the railroad top officers loaded Andrew $80,000 for his investments. Two years later, Andrew founded the Keystone Telegraph. In 1865 and 1870 Andrew traveled between United States and England, selling railroad and bridge company bonds. He sold between $30 Million on bonds and $1 Million on commissions. In 1870, Andrew was dedicated to the steel industry, his business was starting to become known, called “Carnegie Steel Company.” Since he noticed that steel was going to replace iron quickly. The First Plant order was placed in the Pennsylvania