The Economic Times

Wealth quote of the day by Americas steel king Andrew Carnegie, The man who dies rich dies disgraced why one of historys richest individuals believed dying wealthy meant failure

Wealth quote of the day by Andrew Carnegie, The man who dies rich dies disgraced. Andrew Carnegie rose from a $1.20-a-week factory hand to a steel titan worth $480 million by 1901. This massive fortune represented 2.1% of the U.S. GDP. Despite his immense power, he viewed hoarding riches as a moral stain. Carnegie argued that billionaires are merely rustees of public funds. He spent his final decades distributing $350 million to ensure his legacy was defined by service, not just accumulation.