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Andrew Carnegie immigrated from Scotland to Pennsylvania at age 12, worked in a cotton factory for $1.20 a week, and eventually built Carnegie Steel into the largest steel company in the world — selling it to J.P. Morgan in 1901 for $480 million (over $15 billion today), making him the wealthiest person in the world at the time. Born in Dunfermline in 1835, Carnegie's rise from destitute immigrant to industrial titan through relentless self-improvement and strategic investment remains the archetypal American success story. He then gave away virtually his entire fortune — funding 2,509 Carnegie public libraries, universities, and cultural institutions — establishing the modern concept of philanthropy.


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Reference:

Andrew Carnegie on Wikipedia

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