Andrew Carnegie Net Worth

Net Worth: $310 Billion
  • Source of Wealth:

    Carnegie Steel Company
  • Birth Place:

    Dunfermline, United Kingdom
  • Marital Status:

    Widowed (Louise Whitfield Carnegie)
  • Full Name:

    Andrew Carnegie
  • Nationality:

    United States-Scotland
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About Andrew Carnegie

Scottish-American businessman Andrew Carnegie has an estimated net worth of $310 billion in 2013. Carnegie was known to be influential in the significant expansion of the steel industry in the U.S. during the late 19th century. He was also considered as one of the highest profile philanthropists of his time.

Andrew Carnegie was born on November 25, 1835 in Dunfermline, Fife, Scotland. At age 83, he died of bronchial pneumonia on August 11, 1919 in Lenox, Massachusetts, United States. He was married to Louise Whitfield. He has a child named Margaret Carnegie Miller.

A typical subject of rags to riches, Carnegie started earning money as a telegrapher. Later on, he had made several investments in oil derricks, bridges, railroads and railroad sleeping cars. He founded the Carnegie Steel Company, which he later sold to J.P. Morgan for $480 million, with an equivalent amount of $13.2 billion in 2012.

In addition to building Carnegie Hall, Andrew Carnegie is also known to be the founder of Carnegie Endowment for International Peace, Carnegie Trust for the Universities of Scotland, Carnegie Mellon University, Carnegie Museums of Pittsburgh, Carnegie Hero Fund, Carnegie Institution for Science, and Carnegie Corporation of New York.