

Ĭarnegie devoted the remainder of his life to large-scale philanthropy, with special emphasis on building local libraries, world peace, education, and scientific research. Rockefeller as the richest American of the time. After selling Carnegie Steel, he surpassed John D. He built Pittsburgh's Carnegie Steel Company, which he sold to J. He accumulated further wealth as a bond salesman, raising money for American enterprise in Europe. Carnegie started work as a telegrapher, and by the 1860s had investments in railroads, railroad sleeping cars, bridges, and oil derricks. His 1889 article proclaiming " The Gospel of Wealth" called on the rich to use their wealth to improve society, expressed support for progressive taxation and an estate tax, and stimulated a wave of philanthropy.Ĭarnegie was born in Dunfermline, Scotland and emigrated to Pittsburgh, United States with his parents in 1848 at the age of 12. During the last 18 years of his life, he gave away around $350 million (roughly $5.9 billion in 2022), almost 90 percent of his fortune, to charities, foundations and universities. He became a leading philanthropist in the United States, Great Britain, and the British Empire. Carnegie led the expansion of the American steel industry in the late 19th century and became one of the richest Americans in history. (uncle)Ĭarnegie as he appears in the National Portrait Gallery in Washington, D.C.Īndrew Carnegie ( Scots:, English: / k ɑːr ˈ n ɛ ɡ i/ kar- NEG-ee November 25, 1835 – August 11, 1919) was an American industrialist and philanthropist. Carnegie (brother) George Lauder (first cousin) George Lauder Sr. Sure it will cost a bit more to do two steps, however they can charge a higher premium compare to saying it is made in China.Thomas M. Let say a brand can have their entire garment made in China, but leave the brand tag and the final stitching out, then ship said garment to France, put the final finish there and they can claim the product is, you guess it! Made in France.

Yes France and Italy also produce clothings and leather goods, but this is where the insidious claws of business in fashion come into the fray.

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