He had $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.
Because they already spent too much money on the civil war
The Andrew Johnson dollar coin is worth exactly 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
One dollar.
$300,00,000
about $189.6 billion dollars
Andrew Carnegie.
Andrew Carnegie.
Andrew Carnegie.
Andrew Carnegie.
He underpayed them.
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.
Andrew Carnegie was an industrialist and businessman, who organized much of the US steel industry in the 19th century. But he was also a philantropist. He devoted much of his money to public and private projects that improved life for others. These included libraries, schools, and universities.
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.