Carnigee built his empire on a mound of molten steel, but it was not always this way. Carnigee started as a telegrapher, not exactly making the big bucks as he did in his future. But by 1860 he had stock investments in the railroads, bridges and the raping of oil. Carnigee then graduated to the role of a bond salesman, this is where he began building his wealth. Carnigee took this money and put it into what might have been the greatest risk of his young life.
Carnigee steel was his newest entrepreneurial investment; at this point in time steel was a booming business due to the expansion of the industrial America and the need to expand the railroads along with it. Though it was a booming business, there wasn’t room for everyone with tyrants like U.S steel engulfing America’s steel demand. So, seeing an industrial monopoly coming, Carnigee sold his company to J.P Morgan for $480 million which rounds to about 13.2 billion in 2012.
With his new money, and the remainder of his life, Carnigee devoted his time to making the public see him as he saw himself, a good man amongst tyrants. Carnigee was the king of large-scale philanthropy. Carnigee’s emphasis was set on education, peace in the world and scientific research, which put him in the hearts of many. What won the hearts of the remaining few who weren’t sure about him was the construction of Carnigee Hall which has brought countless hours of laughter, tears and joy to countless people since.