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Encyclopedia of Business Ethics and Society

Carnegie, Andrew (1835–1919)

Carnegie, Andrew (1835–1919) Andrew Carnegie was born in Dunfermline, Scotland, in 1835 and died in Lenox, Massachusetts, in 1919. He was a leading industrialist, investor, and philanthropist who shaped the railroad, bridge-building, and iron and steel industries in the United States. Carnegie moved with his family to Pittsburgh, Pennsylvania, in 1848, where he literally rose from rags to riches, starting at age 13 with a factory job. After his retirement in 1901, he became known popularly as the richest man in the world. Carnegie's aggressive business strategies and benevolent acts were well known. He is considered one of the industrialist robber barons, 19th-century capitalists who used ruthless business ...

—Adele L. Barsh