Henry George vs Andrew Carnegie

Henry George’s profile picture
Andrew Carnegie’s profile picture
Economist, Politician, Writer
Industrialist, Businessman, Entrepreneur and a major Philanthropist.
Net worth 2018
$309 Billion
Intellectuals & Academics
Industry
Steel
Philadelphia
Residence
Dunfermline
United States
Country
American, Scottish
02/09/1839
BirthDay
25/11/1835
October 29, 1897
Died On
August 11, 1919
Episcopal Academy
Education
NET WORTH STATISTIC
TIMELINE
1933

Even in 1933, the book had wider distribution than any other book on political economy

1897

At his memorial service on October 30, 1897 an estimated 100,000 people came to pay their respect at Grand Central Palace while an equal number of people were held outside by the police due to lack of space

1890

In 1890s, the book sold several million copies, helping to set off ‘The Progressive Era’ in the USA, concurrently extending his influence in countries like the United Kingdom, Australia, Denmark, and New Zealand

1879

Henry George is best remembered for his 1879 book, ‘Progress and Poverty: An Inquiry into the Cause of Industrial Depressions and of Increase of Want with Increase of Wealth: The Remedy’

1861

Since her guardians did not approve of the match they eloped sometime in late 1861 and got married

1860

In October 1860, while he was still struggling in San Francisco, Henry George met Annie Corsina Fox, a seventeen year old orphaned girl from Sydney, living under the guardianship of her grandmother

1858

Traveling down the Delaware River, they went round the southernmost tip of South America to reach San Francisco on May 27, 1858

1857

On December 22, 1857, he bid goodbye to his loved ones and set sail on Shubrick

1856

When he returned in June 1856, his father found him employment as a type setter for $2 a week with the largest publishing house in Philadelphia, a position he joined in September 1856

1855

Sometime now, he became interested in sea and in April 1855, set sail as a foremast boy on Hindoo, a ship bound for Australia and India, with his father’s permission

1849

A year later in 1849, he was enrolled at Episcopal Academy

1839

Henry George was born on September 2, 1839 in Philadelphia

1901

It finally resulted in ‘the United States Steel Corporation’, which was incorporated on March 2, 1901

1892

In1892 he founded the Carnegie Steel Company by utilizing the various assets that he had accumulated over the years

1889

He wrote an article, “Wealth” in 1889 through which he emphasized upon the social responsibility of the wealthy class towards the less fortunate in the society

1888

His decision to take over the rival company, Homestead Steel Works in 1888 brought strategic advantages to his business

1886

His well-known piece of writing, “Triumphant Democracy” was published in 1886 and well accepted in the U

1873

He had the vision to foresee that iron would be replaced by steel hence he ended up setting a steel rail company in 1873 after which the steel furnace at Braddock started with steel rails in 1874

1870

Till 1870, Carnegie speculated in small iron factories through investments

1855

Carnegie made his very first investment of $500 in Adams Express in 1855 with Scott’s support; following which he learnt to invest and disinvest resulting in a huge start-up capital for his business ventures

1853

Scott (superintendent of Pennsylvania Railroad) in 1853

1850

Starting in 1850 as a messenger boy for a telegraph office in Pittsburg, he moved on to become secretary to Thomas A

1848

His father was a weaver and moved the entire family to Allegheny City, Pennsylvania, in 1848 after industrialization phase that rendered him jobless and in relentless poverty

1835

Andrew Carnegie was born on November 25, 1835 to William Carnegie and Margaret Morrison Carnegie in Dunfermline, Scotland