Comparison Of Andrew Carnegie, Cornelius Vanderbilt, And J. P. Morgan

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Without the wealthy, industrial tycoons of the late 19th century, how would The United States of America differ today? The oil, steel, mining, shipping, railroad and many other industries have contributed a vital role to how America works today. Andrew Carnegie, John Davison Rockefeller, Cornelius Vanderbilt, and J.P. Morgan were only a few of the money-hungry titans of America’s industrial beginnings, who contributed to the start up of a major industry-based time period.

Scottish-American industrialist Andrew Carnegie founded and led the Carnegie Steel Company in the 1870’s, a major breakthrough for the steel industry. Andrew conducted the major expansion of the steel economy in the 19th century and has been identified as one of America’s richest for decades. Carnegie was born in Scotland, arrived in the states at 8 years old and came into America being illiterate, with no skills in reading or writing. Even with substantial disadvantage, the tycoon still made his name known in the states by investing in bridges, oil derricks, railroads, and sleeping cars. The stock economy has not changed significantly since Carnegie’s time, considering he is still considered a merchant prince in today’s newfound era. Carnegie also had a daughter, Margaret Carnegie Miller, whom he wanted to follow in his footsteps and so …show more content…

Andrew’s first job was a messenger boy, bearing in mind, in his time telephones were not a thing, he made an earning of $1.25 a week and eventually worked his way up

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