Title: Andrew Carnegie: Prince of Steel | Full Documentary | Biography

Andrew Carnegie: Prince of Steel | Full Documentary | Biography

Early Life

Andrew Carnegie was born on November 25, 1835, in Dunfermline, Scotland, to a poor weaver’s family. At age thirteen, he immigrated to the United States and worked in various jobs, including bobbin boy, telegraph messenger, and railway worker.

Career

Carnegie’s career in the steel industry began in 1859 when he joined the Pittsburgh department store of Wood, Scott & Company as a bookkeeper. In 1865, he partnered with Henry Phipps to form the firm of Carnegie, Phipps & Company. Carnegie’s business acumen and aggressive strategies helped the company grow rapidly.

Ascension to Steel Empire

In 1892, Carnegie formed the Carnegie Steel Company, which would become the largest steel producer in the United States. In 1901, during the peak of the Southwestern struggle between the railroads and the iron and steel industry, Carnegie sold his steel interests to J.P. Morgan for $480 million, forming U.S. Steel.

Philanthropy

Carnegie is known for his extensive philanthropy. In 1881, he established the Carnegie Free Library of Pittsburgh, and in 1886, he founded Carnegie Mellon University. His most significant contribution remains the Carnegie Corporation of New York, which he founded in 1911 to promote education, scientific research, and international peace.

Personal Life

Carnegie married Louise Whitfield in 1887. They had one daughter, Dorothy Caithness Carnegie, who died in 1906. Carnegie died on August 13, 1919, in Lenox, Massachusetts.

Legacy

Andrew Carnegie’s legacy can be seen in the countless structures, schools, and institutions that bear his name. His influence on the steel industry and the investing world is still felt today, and his philanthropic efforts continue to inspire.

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TF Reaction

Title: Reflections on Andrew Carnegie: A Legacy of Philanthropy and Industrial Innovation

In watching the documentary "Andrew Carnegie: Prince of Steel," I was struck by the profound impact one man's life can have on shaping the world we live in today. Andrew Carnegie, a self-made millionaire, transformed the steel industry and left an indelible mark on education, philanthropy, and social reform. His story serves as a reminder of the power of perseverance, the importance of giving back, and the potential for individual action to create lasting change.

Carnegie's rise to wealth and power is a testament to the American Dream, a belief that anyone, regardless of their humble beginnings, can achieve greatness through hard work, determination, and a little bit of luck. His journey from an impoverished immigrant to the wealthiest man in the world is a source of inspiration for many, demonstrating that with focus and ambition, one can overcome adversity and reach their full potential.

However, Carnegie's success came at a great cost to the workers in his factories, many of whom faced long hours, dangerous working conditions, and low wages. This aspect of his legacy serves as a cautionary tale, reminding us of the need for ethical business practices and the importance of prioritizing the well-being of employees.

Despite his controversial business practices, Carnegie's philanthropic efforts have had a lasting impact on education and libraries around the world. His belief in the power of knowledge and the importance of making it accessible to all has resulted in the construction of thousands of libraries, providing countless individuals with the opportunity to learn, grow, and better themselves.

Carnegie's legacy also highlights the importance of giving back and using one's wealth for the betterment of society. His philanthropy was not just about building libraries, but about creating opportunities for individuals to improve their lives and contribute to their communities. This message resonates with me personally, as I strive to make a positive impact in my own life and the lives of those around me.

In watching this documentary, I was reminded of the power each of us holds to create change in the world. Carnegie's story serves as a reminder that with ambition, perseverance, and a commitment to giving back, one can leave a lasting