Andrew Carnegie Wealth Analysis

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Pages: 2

Andrew Carnegie, Wealth: According to Carnegie, how should the great fortunes of industrialists be used?
Andrew Carnegie had three modes in which the surplus of wealth could be disposed of. It could be left to family members of the deceased, or it could be left for public purposes. Finally it could also be administered during their life by possessors. There was however some instances in which millionaire’s sons were not spoiled by wealth and were able to still do great services in their communities.
The second mode Carnegie talks about is leaving ones wealth at death for the public’s use. It was said that this was only a means of disposal wealth, provided that the man was content enough to wait until he is dead before it will become of much