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Thursday, February 14, 2013

Andrew Carnegie

Andrew Carnegie

Andrew Carnegie was born on November 26, 1835 in Dunfermline, Fife, Scotland. His family was impoverished but they were apply to self education. Andrews father William, although poor, made sure he sent his son to get an education. Even though Andrew did go to school in his early years, most of his education was taught by his father and his uncle. His uncle, George Lauder, made Andrew memorize much of Robert Burns writings. The Carnegie family was fate to make a better life for their children and so in 1848 they emigrated to the United States. Andrew was 13 at the fourth dimension. Once the Carnegies arrived in the States they settled down in New Allegheny, Pennsylvania where close to of their relatives already lived. Carnegie got his first job working in a cotton factory with his father. He made $1.20 a hebdomad there. At age 15 Carnegie began work as a telegraph messenger for the Ohio Telegraph company in Pittsburg. thither his salary doubled to $2.50 a week. He was a very(prenominal) dedicated worker and taught himself how to decipher telegraph messages. This skilled unresolved an opportunity for him. The Pennsylvania Railroad Company hired Carnegie as a telephone operator. Once again Carnegie worked himself up to a pay raise and was now making $20.00 a month.

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Andrew travel swiftly through the company ranks and ultimately became superintendent of the Pittsburg office in 1859 and brought in a salary of $1500 a year.
At the age of 19 Carnegie made his first investments. He jell money into The Pennsylvania Railroad Company and also into Adams extend (which was a shipping company). Just prior to the Civil state of war Carnegie made large investments into oil industries. In 1863 Carnegie pulled in $42,000 and all $2400 was from his line salary. The rest all came from his investments. Subsequently Carnegie decides to leave the railroad business in 1865 to put all of his effort and time into his investments. Carnegie went on to found the Keystone Bridge Company and the Keystone...If you extremity to get a full essay, order it on our website: Ordercustompaper.com



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