Carnegie can be described as one who truly set out to live the “American Dream.” He was born in Dunfermline, Scotland, and immigrated to the United States with his parents in 1848, where he lived his life by his motto of, “people who are unable to motivate themselves must be content with mediocrity, no matter how impressive their other talents.” Carnegie was quick to find his passion and motivation when he created the Pittsburgh's Carnegie Steel Company in the late 1800’s, which he went on to sell to J.P. Morgan in 1901 for $480 million, creating the U.S. Steel Corporation. After the sale, Carnegie devoted his life to large-scale philanthropy, with special emphasis on local libraries, world peace, education and scientific research. With the fortune he made from business, he built Carnegie Hall, and founded the Carnegie Corporation of New York, Carnegie Endowment for International Peace, Carnegie Institution for Science, Carnegie Trust for the Universities of Scotland, Carnegie Hero Fund, Carnegie Mellon University and the Carnegie Museums of Pittsburgh, among others.
- Built Carnegie Steel Company which was sold to JP Morgan for $480 million.
- Carnegie, Pennsylvania, and Carnegie, Oklahoma, were named in his honor.
- At the height of his career, Carnegie was the second-richest person in the world, behind only John D. Rockefeller of Standard Oil.