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Scottish-born industrialist and philanthropist (1835-1919) who earned his fortune in the burgeoning American steel industry. During the last 18 years of his life, he gave away around $350 million ($10.9 billion in 2023 dollars), almost 90 percent of his fortune, to charities, foundations, and universities, and his 1889 article, ‘The Gospel of Wealth,’ called on the rich to use their wealth to improve society, expressed support for progressive taxation and an estate tax, and stimulated a wave of philanthropy. Attractive vintage matte-finish 4 x 5.75 portrait photo of Andrew Carnegie by the Rockwood Studio, affixed to its original 8.25 x 10.75 studio mount, which is signed in bold ink, “To my valued friend of old, with every good wish, Andrew Carnegie.” In very good to fine condition, with some soiling and staining to the mount, much of which could easily be matted out.
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