Andrew Carnegie, a Scottish-American industrial leader was born on November 25, 1835. He led the massive steel industry and devoted his life to philanthropy. Carnegie moved to the United States in 1848 with his family to make an attempt to escape poverty. He started off in the telegraph business but by the 1860's had investments in railroads, which he soon sold to J.P. Morgan for $480 million in 1901. Andrew Carnegie was not only known for his take over of the steel industry, but more for his philanthropic qualities. By the time of his death, he had given away $350 million dollars, 90% of his wealth. When people think of Andrew Carnegie they not only think of the steel industry, but his generous qualities that set an example for "Captains of Industry" everywhere.