Andrew Carnegie, by B. L. H. Dabbs, 1896.
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Formal portrait of Andrew Carnegie standing and leaning on the back of a leather chair.

Credit: Courtesy of the Carnegie Library of Pittsburgh

"The man who dies thus rich dies disgraced." So wrote Andrew Carnegie in the first of a series of essays he would publish in book form as The Gospel of Wealth in 1900. Having "resolved to stop accumulating," Carnegie in 1901 sold his steel empire to financier J. P. Morgan and devoted the rest of his life to what he called "the infinitely more serious and difficult task of wise distribution."

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