Featured Profile · 1835 — 1919
Andrew Carnegie
Andrew Carnegie emigrated from Scotland to the United States in 1848, rising from a bobbin boy to a telegraph operator, eventually building the Carnegie Steel Company into the largest steel producer in the world. His mastery of cost efficiency, vertical integration, and strategic market timing allowed him to dominate the nascent American steel industry. After selling Carnegie Steel in 1901 for $480 million, he dedicated the rest of his life to philanthropy.
"The man who dies thus rich dies disgraced."
