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He visited his first steel mill at the age of 37 and decided he wanted to be in the business of making steel.
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Andrew came up with these ideas so that he could control the steel industry even more. Vertical integration is a process in which someone buys out his/her suppliers. Horizontal integration is when companies producing the similiar product merge.
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By this time, Andrew had taken over the steel business and now had manufactured more steel than all the factories in Great Britain.
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Andrew decied to sell his steel company in 1901 after h had mostly complete control over the steel industryfor about two years. He sold the business to J.P. Morgan for $480 million dollars,.
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A few years after Carnegie retired he had decided to become a philanthropist. So by 1911 Andrew had given away about 90% of his welth to various organizations.
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Andrew died from bronchopneumonia which is the inflamaiton of the lungs.
