Carnegie Vs Rockefeller Essay

John D. Rockefeller had won an additional victory, but out of it came another rivalry. Andrew Carnegie, Thomas A. Scott’s pupil, angry at his mentor’s humiliation, wanted revenge on Rockefeller. He was convinced that Rockefeller was the man that sent Thomas A. Scott to his grave. After starting the skyscraper boom, Andrew Carnegie became one of the wealthiest men in America. He believed, in order to avenge his mentor’s death, he needed to surpass Rockefeller as the richest man in America. For ten years they battled through Christmas presents. John D. Rockefeller sent Andrew Carnegie a vest. The vest was made of paper; and was a jab at Carnegie because of his simple beginnings. In reply, Andrew Carnegie sent John D. Rockefeller an expensive

P. Morgan, was the son of a successful banker. He was used to doing things the way his father told them to. Morgan’s father, Junius Spencer Morgan, did things strictly. Junius never took chances and never made deals with up and coming companies. Tired of his father telling him what to do, J.P. Morgan took a huge gamble. He invested in a new company: electricity. Electricity was a huge competitor of Standard Oil when it came to lighting the homes of Americans. John D. Rockefeller immediately took action to protect his industry. He tried to frighten the public by saying that electricity was dangerous and that it would start terrible fires. Rockefeller also warned of the risk of death by electrocution. When Henry Ford invented the electric chair, it just fed into the stories that John D. Rockefeller had been saying about the dangers of electricity and having it in you house instead of kerosene. When John D. Rockefeller accepted that the oil business would start to loose money, he looked for another way to use his company. Henry Ford’s new invention brings a new era to Rockefeller’s company. Henry Ford was born in 1863, and was always intrigued by cars. He started to sell the Ford Model T in 1908. In doing so, he created a new era of automobiles that would transform America and Rockefeller’s business

Most of the money he donated went to education and libraries. Andrew Carnegie, even though he donated three hundred million dollars would not win in this competition against his old rival, John D. Rockefeller. Andrew Carnegie died on August 11, 1919, beat even after death by his old rival. John D. Rockefeller lived until May 23, 1937, living thirteen years longer than Andrew Carnegie. In this time, he out-donated Carnegie, winning the competition and simultaneously helping millions. John D. Rockefeller had donated millions of dollars throughout his life. Rockefeller and his son founded the Rockefeller Foundation in 1913. The goal of The Rockefeller Foundation was to help humanity. The Rockefeller Foundation’s goal is to bring together philanthropists, social change leaders, governments, non-profits, and the private sector to n to solve the world’s most important challenges. It strives to end preventable deaths through creating better health-care systems and providing nutritious food to those who need it. They work to build renewable resources that will benefit both the ecosystem and economy. Additionally, they hope to provide jobs that help people build a hopeful future for themselves and their families. In the words of the Rockefeller foundation, it is “A global collaborative for systems change, focused on improving