Andrew Carnegie facts
While investigating facts about Andrew Carnegie Net Worth and Andrew Carnegie Family, I found out little known, but curios details like:
Andrew Carnegie gave away more than 90% of his wealth, with much of it going to found 2509 public libraries at an inflation-adjusted cost of more than $1.3 billion
how andrew carnegie died?
Andrew Carnegie, starting in the late 1800s, funded the construction of almost 1700 public libraries across the country, and over 800 abroad, for any town that would agree to set aside the land, and 10% of the construction cost annually to maintain it.
What did andrew carnegie invent?
In my opinion, it is useful to put together a list of the most interesting details from trusted sources that I've come across answering what was andrew carnegie known for. Here are 50 of the best facts about Andrew Carnegie Wife and Andrew Carnegie Apush I managed to collect.
what andrew carnegie did?
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Andrew Carnegie and John D. Rockefeller, two wealthy extremely entrepreneurs, sent each other gag Christmas gifts. Rockefeller sent Carnegie a cardboard vest to make fun of his poor childhood. In return Carnegie sent a fine whiskey to Rockefeller, a devout baptist who had given up drinking.
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The last name of "How to Win Friends and Influence People" author Dale Carnegie was not originally named Carnegie - in an example of how to influence people, he changed the spelling from Carnegey to resemble the name of the more influential Andrew Carnegie
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The ' Andrew Carnegie Dictum' - to spend the first third of one's life getting all the education one can, to spend the next third making all the money one can and to spend the last third giving it all away for worthwhile causes.
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JP Morgan, Andrew Carnegie and John D Rockefeller escaped military service in CivilWar by paying $300
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In 1904 a woman borrowed $5 million dollars from US Banks because people thought she was Andrew Carnegie's illegitimate child. She wasn't.
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Andrew Carnegie believed that public libraries were the key to self-improvement for ordinary Americans. Thus, in the years between 1886 and 1917, Carnegie financed the construction of 2,811 public libraries, most of which were in the US
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In their twilight years, Andrew Carnegie and John D. Rockefeller gave away millions of dollars to hospitals, schools, and libraries. That would be equivalent to several billion today.
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Industrialist Andrew Carnegie was at one point so wealthy, his fortune represented 0.6% of the entire US GDP.
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In 1898 Andrew Carnegie offered President McKinley $20 million to free the Philippines instead of annexation. The US paid Spain $20 million to annex the Philippines at the end of the Spanish-American war, sparking the Philippine-American war that cost at least 200,000 Filipino civilian lives.
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Andrew Carnegie paid for the construction of 2,509 libraries around the world from 1883-1929. 1,600+ in the US, 600+ in the UK, and others in Canada, Australia, New Zealand, Serbia, the Caribbean, Mauritius, Malaysia and Fiji. Known as "Carnegie libraries."
Why andrew carnegie is important?
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In 1898 Andrew Carnegie, one of the richest men in history, offered the Philippines $20 million to buy their independence from America.
In 1889 Andrew Carnegie wrote an article titled "The Gospel of Wealth". This article suggested that the wealthy should use their money to improve society and stimulate philanthropy.
Andrew Carnegie's philanthropy focused on scientific research, world peace, education, and local libraries.
Although not related to Andrew Carnegie, a famous business magnate and philanthropist at the time, Dale rented Carnegie Hall in 1916 to give a lecture. The hall was packed.
Andrew Carnegie believed that unions blocked evolutionary progress because they pushed up costs and impeded natural price reduction.
When did andrew carnegie die?
Andrew Carnegie built Pittsburgh's Carnegie Steel Company and later sold it for $480 million. This became the U.S. Steel Company after the sale.
How did andrew carnegie make his money?
When Andrew first emigrated to the U.S. with his parents in 1848 he began working as a telegrapher but soon was investing in railroads and bridges and oil derricks.
In 1917 Andrew Carnegie was honored by the Phi Mu Alpha Sinfonia fraternity at Boston's New England Conservatory of Music for his support of the arts and his philanthropy. The mission of the fraternity is to encourage and develop young men to create world harmony through their talents.
Andrew Carnegie founded the Carnegie Corporation of New York, Carnegie Institution for Science, Carnegie Trust for the Universities of Scotland, Carnegie Endowment for International Peace, and the Carnegie Hero Fund.
Andrew Carnegie died at his Shadow Brook estate in Lenox, Massachusetts on August 11, 1919. By the time of his death he had given away more than $350 million and the remaining $30 million was given away to charities, pensioners and foundations.