In the autobiographical book “The Story of My Life,” by American entrepreneur, steel magnate, multi-millionaire, and philanthropist Andrew Carnegie, you’ll find an account of how the “American Dream” came to life. As a boy, the future millionaire earned a miserable one and a half dollars a week, but his hard work and determination eventually made him one of the richest people on the planet.
However, as it turned out, building capital is far from the hardest part. Much harder is knowing how to manage it properly afterward. And Carnegie, just like his famous fellow countrymen—billionaires John Rockefeller and Henry Ford—decided to spend the bulk of his fortune on charity. He devoted his life to making capital serve the public good as well as to developing education.
He was a fierce supporter of the spelling reform movement as a means of promoting the English language. Among his many philanthropic efforts, the most notable are the creation of public libraries in the United States and the United Kingdom, as well as the construction of Carnegie Hall in New York, the establishment of the Carnegie Corporation and the Carnegie Foundation for International Peace, the opening of the Carnegie Institute in Washington, and Carnegie Mellon University in Pittsburgh.
Also, don’t miss the previously released audiobooks from the “Path to Success” series: John Rockefeller “How I Made 500,000,000 Dollars. Memoirs of a Billionaire,” Henry Ford “Today and Tomorrow. The Billionaire Code,” Henry Ford “My Life. My Achievements.”