Andrew Carneigie

 

Andrew Carneigie was undoubtedly one of the wealthiest people to ever live. He earned his wealth in steal with the philosophy of cutting workers wages to make most of his profits. The other way was to create a monopoly by running almost every other steal mill out of business. The way he did that was by buying his own train, ore factories, and ships. No other steal manufacturer had this kind of setup so consequentially they could not compete with Andrew Carneigie�s low prices per ton of steal.

After Carneigie was making millions he had the need to build libraries all across America. That was one of the ways he gave some of his wealth back to the working people. After he sold his business J.P. Morgan he had so much money he started a foundation that gave away his money for him. That foundation is still giving away money today and will never run out.

I think the rich should help out their communities to make it a better place simply because they can. A lot of people live comfortably without any financial worries but don�t have the kind of money to start donating it like it�s water. That is why I think the wealthy people who have an abundance of money pilled up in the bank should put it to a god cause and help out other people in need.

Bill Gates is the wealthiest man alive right now. I don�t think he is starting a monopoly instead giving other software designers an opportunity to make better software. Companies like Corel and Adobe are not about to go out of business because they feed off of Bill Gate�s Windows 95 and Windows NT to make better products as the world of Windows expands. Bill Gates makes exceptional products that everybody seems to like. That is not his fault but the fault of other companies for not making a more likable product. Or is that not true and he advertises his products much much better for instance putting his products in almost every new PC on the market.

I think it is everyone�s dream to become "rich quick" by winning the Lottery or Publisher�s Clearing House but nine times out of ten that is not going to happen. You have to find a good job that makes a lot of money and you enjoy doing it everyday. If I were to become rich I would probably donate money to charities and foundations to help the people in need that have nothing at all let alone anything they can give to help someone out.