The Second Richest Man in U.S. History Gave All His Money Away (Patreon)

The Second Richest Man in U.S. History Gave All His Money Away

If you’re struggling, consider therapy with our sponsor BetterHelp. Click https://betterhelp.com/mrbeat for a 10% discount on your first month of therapy with a licensed professional specific to your needs. Also a shout out to Chuck Feeney! https://www.youtube.com/watch?v=IALt5Jil9JM Produced by Matt Beat and Beat Productions, LLC. All images/video by Matt Beat, Shannon Beat, found in the public domain, or used under fair use guidelines. Music by @ElectricNeedleRoom (Mr. Beat's band) and Otis McDonald. Creative commons credits: Niagara, David Brossard, AgnosticPreachersKid, Popscreenshot, Mcwesty, and Ajay Suresh Sources/further reading: The Autobiography of Andrew Carnegie and His Essay The Gospel of Wealth Edited by Gordon Hutner Purchase here: https://amzn.to/4bF0V1S Or get it for free: https://www.gutenberg.org/ebooks/17976 Andrew Carnegie by David Nasaw Purchase here: https://amzn.to/48eDCsZ Andrew Carnegie: Captain of Industry https://books.google.com/books?id=CyvHd3LxnIkC&pg=PA72#v https://www.carnegie.org/interactives/foundersstory/#!/ https://www.forbes.com/sites/chloesorvino/2014/07/08/whats-become-of-them-the-carnegie-family/?sh=58f0f5d17b55 https://www.carnegie.org/interactives/foundersstory/#!/ https://www.npr.org/2013/08/01/207272849/how-andrew-carnegie-turned-his-fortune-into-a-library-legacy https://library.columbia.edu/libraries/rbml/units/carnegie/andrew.html https://www.thevintagenews.com/2017/02/22/andrew-carnegie-the-railroad-and-steel-magnate-who-played-his-more-imperative-role-as-a-philanthropist/ https://www.cambridge.org/core/journals/journal-of-the-gilded-age-and-progressive-era/article/abs/our-gilded-age/0C83245A08689F30C7B908E3D0CACDBB https://www.geni.com/people/Andrew-Carnegie/6000000013077352959 https://www.entrepreneur.com/money-finance/how-andrew-carnegie-went-from-120-a-week-to-309-billion/317827 https://www.encyclopedia.com/people/social-sciences-and-law/business-leaders/andrew-carnegie https://web.archive.org/web/20161222204834/http://www.pbs.org/wgbh/amex/carnegie/filmmore/description.html https://www.philanthropyroundtable.org/hall-of-fame/andrew-carnegie/ https://archive.org/details/giantsofenterpr00tedl Here's an annotated script with footnotes: https://docs.google.com/document/d/1jBzgB7hK1pQQimtAmV_X6whYfyUF8z2ncqWbICFgBuo/edit?usp=sharing Related videos: https://www.youtube.com/watch?v=Pb7Bmew6Nlg&t https://www.youtube.com/watch?v=SbH8D381J-I&t Join this channel to get access to perks: https://www.youtube.com/channel/UCmYesELO6axBrCuSpf7S9DQ/join For business inquiries or to send snail mail to Mr. Beat: https://www.iammrbeat.com/contact.html https://www.youtube.com/c/iammrbeat/about How to support and donate to my channel: Subscribe to @iammrbeat & hit the notification bell 🔔 Join for great perks on Patreon: https://www.patreon.com/iammrbeat Donate to Mr. Beat on Paypal: https://www.paypal.me/mrbeat Buy Mr. Beat a coffee: https://ko-fi.com/iammrbeat Cameo: https://www.cameo.com/iammrbeat Subscribe to my second channel: The Beat Goes On Patreon for The Beat Goes On: https://www.patreon.com/thebeatgoeson Connect with me: Links: https://linktr.ee/iammrbeat Website: https://www.iammrbeat.com/ Podcast: https://anchor.fm/thebeatpod Reddit: https://www.reddit.com/r/mrbeat/ @beatmastermatt on Twitter: https://twitter.com/beatmastermatt Facebook: https://www.facebook.com/iammrbeat/ Instagram: https://www.instagram.com/iammrbeat Beatcord: https://discord.gg/g8cZPjt TikTok: https://www.tiktok.com/@iammrbeat Merch: https://matt-beat-shop.fourthwall.com/ https://www.bonfire.com/store/mr-beat/ https://sfsf.shop/support-mrbeat/ https://amzn.to/3fdakiZ Affiliate Links: Useful Charts: https://usefulcharts.com/?aff=12 Fourthwall: https://link.fourthwall.com/MrBeat StreamYard: https://streamyard.com/pal/d/5272340869152768 #ushistory #apush #history Carnegie proved that not just people born into privilege could become extremely wealthy. Sure, he was ruthless at times. Many argue that he exploited and dehumanized his workers. Throughout his working career, he seemingly prioritized the bottom line over all else. It was all about making as much money as possible. He believed individualism ultimately improved society more than collectivism. In other words, he thought that the personal pursuit of wealth made EVERYONE better off. But Andrew Carnegie would argue that the ends justifies the means. He argued that the rich were obligated to use their wealth to give back to society. Heck, he even argued that if the rich weren’t going to give back willingly to society, then governments should tax them so that they are forced to give back. Carnegie firmly believed that the future leaders of society would and SHOULD come from the working class. Chapters: 0:00 Introduction 2:19 Betterhelp sponsorship 3:35 Heading to Pittsburgh 4:03 Humble Beginnings 10:00 As much wealth as possible 18:22 Now it's time to give all that wealth away 26:16 Carnegie's Legacy