Scottish-American industrialist and philanthropist Andrew Carnegie-his career and life journey delineated!

Andrew Carnegie

This year’s list of Andrew Carnegie 31 scholars and writers, is out and the students would study topics in politics, economics, technology, humanism, and sociology. This was announced by The Carnegie Corporation of New York. The proposal topics which won relate to ethics pertaining to fertility treatments; countering misinformation in news coverage; and moral dilemmas for workers such as prison guards and military drone operators. Other issues which would be studied in depth include the disproportionate number of black women in U.S. prisons; hungry, homeless college students; and public attitudes toward climate change.

Source: Developing Superleaders (Andrew Carnegie)

There are other fellows who would explore the environmental and cultural impact of garbage in Appalachia; immigration and xenophobia (zehn-uh-FOH’-bee-uh); and disaster recovery in Puerto Rico. Each scholar would get a funding of $ 200000.

So who is Andrew Carnegie in whose name these scholarships are offered?

Andrew Carnegie was a Scottish-American industrialist and philanthropist who lived from 1835-1919. He was one of the richest American and business tycoon. He led to an expansion of American steel industry and in the last 18 years of his life, he donated 90% of his wealth.

The early days, parents, and siblings

He was born on 25 November 1835 in Dunfermline, Fife, Scotland. His parents were Margaret Morrison Carnegie and William Carnegie. In 1836, the family could move to a larger place. He studied at the free school in the weavers’ locality. His uncle George Lauder Sr. was a Scottish political leader who deeply influenced him.

Source; Awaken the greatness within ((Andrew Carnegie)

His childhood was plagued by poverty and for better prospects, his family migrated to the US in 1848. Allegheny in PA where they moved was industrial and produced products such as cotton cloth and wool. Father and son started work at the cotton mill and Andrew was the bobbin boy.

The initial jobs

After a bobbin boy, Andrew worked as a telegraph messenger boy in the Pittsburg office of the Ohio Telegraph Company. He was hardworking and a good and observant learner and got promoted to an operator. In 1853, he shifted to another firm where he got better pay.

Source: History (Andrew Carnegie)

On 1 December 1859, he became Superintendent of the Western Division of the Pennsylvania Railroad. He employed his own brother and cousin under him and learned a lot regarding business from it.

The investment and its yields

Andrew invested in the railroad and earned some profits which he reinvested and hence earned some profits. In 1860, he helped the merger of two companies and this provided a source of profit to him. His association with Tom Scott was the most fruitful part of his life.

Andrew’s travel business and his telegraph knowledge helped considerably during the Civil War of the US and was an integral part of its success.

Source: Medium (Andrew Carnegie)

Investment in Steel and iron

Andrew invested in iron and steel industries and earned a fortune soon. He had a roaring business and also charm and literary knowledge. The latter two he used to his advantage for his business expansion. He became an industrialist and had a steel empire from 1885 to 1900. In 1901, he wanted to retire.

Philanthropic work

Source: Search your success today (Andrew Carnegie)

After retirement, he increased on his philanthropic work such as making libraries, funding studies, and opening schools which he continued until his death on 11 August 1919 due to bronchial pneumonia.

Personal life

He never married while his mother was alive since he wanted to take care of her. When she died in 1886, he married Louise Whitfield. She was 21 years younger to him. In 1897, the couple was blessed with a daughter who was named Margaret.

Source: Gettyimages (Andrew with wife and guests)