How steel tycoon Andrew Carnegie redefined wealth — by giving it away

Andrew Carnegie in his day was the richest man in the world. He was a spectacularly successful industrialist, but he was also the godfather of modern philanthropy. He built what was the largest steel company in the world, Carnegie Steel in Pittsburgh. In the 1890s, it was producing more steel than all of Britain.Steel was critical to America's growth because of the dependence on the railroads in this vast country to transport freight people but mainly equipment and goods. He famously said that the man who d ...