A quote from Andrew Carnegie Suyasarithai (2024)

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What is Andrew Carnegie's famous quote? ›

Carnegie believed in giving wealth away during one's lifetime, and this essay includes one of his most famous quotes, “The man who dies thus rich dies disgraced.” Carnegie's message continues to resonate with and inspire leaders and philanthropists around the world.

His inspirational life story saw him rise from an impoverished childhood in a lowly one-room cottage, with little formal education, to founding the Carnegie Steel Company and amassing a fortune of more than $350 million, giving away 90% of it to charity.

Carnegie grew from a poor, immigrant bobbin boy into a self-made, financially successful man with heroic traits; he was exceptionally intelligent, honorable, responsible, selfless, caring, and generous.

Ninety percent of all millionaires become so through owing real estate.

In “The Gospel of Wealth,” Carnegie argued that extremely wealthy Americans like himself had a responsibility to spend their money in order to benefit the greater good. In other words, the richest Americans should actively engage in philanthropy and charity in order to close the widening gap between rich and poor.

From this experience, I learned that when you've gone astray, a helping hand will always emerge from the darkness. We're all pretending in this life, one way or another. From this experience, I learned that when you've gone astray, a helping hand will always emerge from the darkness.

Barely anything is left of Andrew's fortune, which was once valued on par with the oil tycoon Rockefellers and the banking Morgan family. The 13 fourth-generation members of Andrew Carnegie's lineage now have the self-made wealth of white collar professionals.

In 1887, Carnegie married Louise Whitfield of New York City. She supported his philanthropy, and signed a prenuptial marriage agreement stating Carnegie's intention of giving away virtually his entire fortune during his lifetime.

By age 30, Carnegie had amassed business interests in iron works, steamers on the Great Lakes, railroads, and oil wells. He was subsequently involved in steel production, and built the Carnegie Steel Corporation into the largest steel manufacturing company in the world.

One of the captains of industry of 19th century America, Andrew Carnegie helped build the formidable American steel industry, a process that turned a poor young man into the richest man in the world. Carnegie was born in Dunfermline, Scotland, in 1835.

How much money did Andrew Carnegie have when he died? ›

Exactly one hundred years ago today, Andrew Carnegie died in in Lenox, Massachusetts. But on his deathbed, Carnegie would have been deeply frustrated. He was down to his last $30 million.

During his lifetime, Carnegie gave away over $350 million. Many persons of wealth have contributed to charity, but Carnegie was perhaps the first to state publicly that the rich have a moral obligation to give away their fortunes.

But being counted among the highest net worth individuals can be much "easier" in some countries than it is in others. To belong to the 1% in America, your net worth would have to be about $5.8 million or higher, according to the new Wealth Report from real estate company Knight Frank.

The number of American households with assets of one million U.S. dollars or more has been steadily increasing in the over the last decade. About 6.98 million individuals in North America had financial assets worth at least one million U.S. dollars in 2020, which was an increase of 2.67 million in comparison to 2008.

There are over 22 million millionaires in America, which means that roughly 1 in 15 Americans are millionaires, per the 2024 UBS Global Wealth Report.

Concentration is my motto-first honesty, then industry, then concentration.

Dale Carnegie Quotes #1: "Develop success from failures. Discouragement and failure are two of the surest stepping stones to success.” Dale Carnegie Quotes #2: "You can make more friends in two months by becoming interested in other people than you can in two years by trying to get other people interested in you.”

One of the captains of industry of 19th century America, Andrew Carnegie helped build the formidable American steel industry, a process that turned a poor young man into the richest man in the world.