Andrew Carnegie was estimated to be worth $189.6 billion dollars (1996 dollars), which is the second largest fortune accumulated by anyone. He gave away most of his money. At his time, he had 400 million, and before his death, gave away 350 million. After his death, the rest of his money went to charities and libraries. Some of his greater accomplishments include Carnegie Hall, Carnegie Institute of Pittsburgh, Carnegie Mellon University, and many many other places such as libraries.
Because they already spent too much money on the civil war
The Andrew Johnson dollar coin is worth exactly one dollar.
one dollar
One dollar.
How much money can a president spend? all of it. How much money can a president raise? .. well that tend not leave office with the country rich
$300,00,000
about $189.6 billion dollars
Andrew Carnegie.
Andrew Carnegie.
Andrew Carnegie.
Andrew Carnegie.
He underpayed them.
Andrew Carnegie was known for being a Scottish-American industrialist and philanthropist. He was a leading figure in the expansion of the American steel industry and one of the richest individuals in history. Carnegie was also a major philanthropist who donated vast sums of money to various causes, including funding libraries, universities, and scientific research.
Andrew Carnegie used a conversation with Frank Doubleday to show how ruthless and unstoppable Carnegie was in business. When Carnegie asked how much Doubleday made in his business and was told \"very little\" Carnegie responded that he would get out of that business.
Someone claimed Andrew Carnegiewould have been worth around 189.6 billion in today's money. If, as is stated by some, he gave away 90% of his wealth to various charitiesby the time of his death, his daughter would have inherited close to 19 billion in today's money. She did alright. Wonder how her 4 children fared?
Andrew Carnegie was a very strong advocate of capitalism. He believed in the power of the individual to create his own destiny through hard work. He did not believe in the redistribution of wealth, nor did he believe in leaving too much to his children. He felt that if you give too much to your children it will make them dependant on this money and unwilling to work for themselves.
Andrew Carnegie retired in 1901 when he sold his steel company, Carnegie Steel Corporation, to J.P. Morgan for $480 million, making him one of the wealthiest individuals of his time. He then focused on philanthropy and donated much of his fortune to various causes.