The Richest Man In The World: The Ugly Truth

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Andrew Carnegie Documentary: How does a boy born into poverty become the richest man in the world? Andrew Carnegie is the personification of the American Dream; an extraordinary rise from the very bottom to the absolute financial top. However, I must warn you: there are two different sides to Andrew Carnegie. On the one hand, Andrew Carnegie was a hypocrite - he preached about workers rights publicly, and yet privately he slashed his workers wages, significantly increased their working hours, and essentially exploited his staff as slave labour in barbaric dangerous conditions to build his fortune. Carnegie destroyed unions, and his actions resulted in countless unnecessary brutal deaths - for example the tragedy of Homestead.

And yet, on the other hand, Andrew Carnegie may be the greatest ever philanthropist - after becoming the richest man in the world, he then spent the rest of his life giving almost all of that money away via philanthropy. He funded universities, schools and nearly 3000 free public libraries around the world to help others improve their own position in life. Many believe he inspired future billionaires to give more of their money away and embrace corporate philanthropy. Andrew Carnegie is also responsible for incredible innovation that helped build America and change the way we do business - we’ll look at his rise through the corporate ranks and how he built his fortune in the steel business. Andrew Carnegie’s story is both an inspiring rags to riches tale, and a controversial business documentary. And the history of Andrew Carnegie involves several other business titans - for example Carnegie was bitter rivals with John D Rockefeller, and also ended up making the biggest business deal in history with JP Morgan, which is how Carnegie became the richest man alive. But before all that wealth and drama, we need to travel back to Scotland in 1835, where Andrew Carnegie was born into abject poverty…

Welcome to the INSANE Story of Andrew Carnegie by MagnatesMedia: From Poverty To World’s Richest Man. Please subscribe to MagnatesMedia for more finance documentaries and business stories of entrepreneurs and big companies. #money #business #documentary #Carnegie #finance #magnates #wealth

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Carnegie: From $0 To World's Richest Man
From Poverty To World's Richest Man
How a kid in poverty became the richest man alive
Andrew Carnegie: From $0 To World's Richest Man
How A Kid In POVERTY Became The World's Richest Man
How He Became The World's Richest Person
How Andrew Carnegie Became The Richest Person Alive
From $0 To World's Richest Man
The BRUTAL Rise of Andrew Carnegie

⌛ Chapters:
00:00 Intro (The INSANE Story of Andrew Carnegie)
01:28 Chapter 1: A Brutal Start
02:50 Chapter 2: The Climb Begins
05:52 Chapter 3: Bridges
11:05 Chapter 4: The Cost of Efficiency
15:22 Chapter 5: Building America
19:23 Chapter 6: Henry Clay Frick
25:07 Chapter 7: The Battle of Homestead
34:08 What music does MagnatesMedia use?
35:09 Chapter 8: The Fallout
43:57 Chapter 9: The Biggest Ever Deal
47:04 Please turn on notifications for MagnatesMedia
47:30 Chapter 10: The Philanthropist
52:18 Epilogue

DISCLAIMERS: I'm not a journalist and this is not an official documentary. I am not a financial advisor and this is not financial advice. I may receive a commission on affiliate links used. All content is used within the parameters of fair use. Please view the channel's About page to contact me.

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