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The inspiration for the “Gospel of Wealth” stays in its author’s factual residing. Growing up as a poor Scottish boy, Andrew Carnegie got here to Unites States together with his very modest household for finding a greater dwelling. After his first job as a telegrapher, Carnegie entered in enterprise, turning into a well-known and successful entrepreneur. He invested in railroads and shortly developed his personal enterprise, Carnegie Steel Company, which he offered to J.P. Morgan in 1901 for a wonderful sum of money at the moment, $480 million, representing $13.6 billion in 2015 (Carnegie, “Andrew Carnegie’s Legacy”).

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