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From Rags to Riches: the Life of Andrew Carnegie

  • Andrew Carnegie is Born

    Andrew Carnegie is Born
    Born on November 25, 1835, in Dunfermline, United Kingdom.
  • Andrew's Father gets Laid Off

    Andrew's Father gets Laid Off
    In 1847, after the steam-powered looms are introduced in Dunfermline, Andrew Carnegie's hometown. Hundreds of handloom workers including his father, Will, are unemployed.
  • Andrew Carnegie Comes to America

    Andrew Carnegie Comes to America
    At the age of 13, Andrew and his family come to America.
  • Andrew rises to the Position of the Division Superintendent of the Pennsylvania Rail Road

    Andrew rises to the Position of the Division Superintendent of the Pennsylvania Rail Road
    From a Pittsburgh cotton factory boy, he rose to the position of the Division Superintendent of the Pennsylvania railroads.
  • Carnegie Leaves his Post with the Railroad

    Carnegie Leaves his Post with the Railroad
    In 1865, Carnegie leaves his railroad post to pursue his career in the business world.
  • Entering the Steel Business

    Entering the Steel Business
    In the early 1870s, Andrew gets started in the steel business. He co-founded his first steel company near Pittsburgh.
  • Andrew's Mother Dies

    Andrew's Mother Dies
    His mother, which was a major influence in Andrew's life died in 1886.
  • Andre Carnegie gets Married

    Andre Carnegie gets Married
    In 1887, a year after his mother's death/ He marries Louise Whitfield.
  • Andrew Carnegie writes an Essay

    Andrew Carnegie writes an Essay
    In 1889, Andrew wrote an essay called "The Gospel of Wealth."
  • Carnegie Hall is Opened

    Carnegie Hall is Opened
    In 1891 Carnegie Hall is opened.
  • Andrew's Primary holdings are Consolidated to form Carnegie Steel Company

    Andrew's Primary holdings are Consolidated to form Carnegie Steel Company
    In 1892, his primary holdings are consolidated to form his steel company.
  • A Child is Born

    A Child is Born
    In 1897, Carnegie along with his wife, births their first and only child Margaret.
  • Carnegie Steel Company is Sold

    Carnegie Steel Company is Sold
    In 1901, Andrew sold Carnegie Steel Company to banker John Piermont Morgan for $480 million. Today this amount of money would be worth $13 billion.
  • Andrew Carnegie Dies at the Age of 83

    Andrew Carnegie Dies at the Age of 83
    On August 11, 1919, at the age of 83, Carnegie dies at his house in Lenox, Massachusetts. The cause of death is Bronchopneumonia. Which is pneumonia that affects the bronchi in the lungs.
  • Andrew Carnegie's Net Worth Today in 2020

    Andrew Carnegie's Net Worth Today in 2020
    As of today, Andrew Carnegie's net worth is $500 billion.