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Andrew Carnegie: one smart investor!
Published in
September 2016
- Page 21
When American industrialist Andrew Carnegie sold Carnegie Steel in 1901 for an estimated $500,000,000, and then created the Carnegie Foundation, he immediately stepped into the role of philanthropist. The position saw him provide seed money to municipalities across the developed world to encourage them to build free public libraries. In Canada, Carnegie’s generosity funded the building of 125 Carnegie libraries that are often still among the most stately looking of public buildings in towns and
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