Andrew Carnegie Andrew Carnegie circa 1878 - Project Gutenberg -
Andrew Carnegie was a Scottish-American industrialist, businessman, entrepreneur and a major philanthropist. Carnegie earned the major part of his wealth in steel industry. He built the Carnegie Steel Company which in 1890s was the largest and most profitable industrial enterprise in the world. Later, he sold it to J.P. Morgan who created U.S. Steel. Carnegie, in the later part of his life, turned towards philanthropy and did significant work in the field of education and culture. He founded various organizations like Carnegie Corporation of New York, Carnegie Endowment for International Peace, Carnegie Institution of Washington, Carnegie Mellon University and the Carnegie Museums of Pittsburgh. Carnegie was considered as the second-richest man in history after John D. Rockefeller.