“The man who dies thus rich dies disgraced.” This original quote by Andrew Carnegie speaks volumes all across the United States and its economy. His whole life’s work is being expressed in just a handful of words. The way he lives his life is what makes him a unique wealthy individual. Andrew Carnegie was the first to give new meaning to being wealthy. He was one of the first economists to change the way the economy was run. Born on November 25, 1835, Andrew Carnegie was one of the most wealthiest and famous industrialists of the late 1800s and early 1920s. He is a Scottish-born American industrialist who pushed the economy of the United States into a whole new level. He was the one who expanded America’s economy into what we know it as today. Ever since he was a young boy, he already had ambition burning inside of him. Carnegie worked at a cotton factory before becoming a division superintendent. Throughout the years, he began to invest in companies such as iron and oil. This led Carnegie into the steel business which made him into a powerhouse.
Opportunity
Andrew Carnegie’s childhood life played a huge role that lead to his success in his later years. Just like any other family looking for opportunity, Andrew and his family immigrated to the Americas in order to escape petrifying poverty. The ship that carried the Carnegie
…show more content…
At his current position, Carnegie made profitable investments in various businesses which consisted of coal, oil, and iron. Not only did he invest in these businesses, Carnegie was approached by an idea by Theodore Woodruff. His idea was to develop sleeping cars on railways. Carnegie was then offered a share in the Woodruff Sleeping Car Company. With the help of a bank loan, he was able to accept the proposal that he would not regret. Consequently, Andrew Carnegie began to become a wealthy man due to all his investments in