Question

What is known as the captain of the steel industry

Answer 1

Andrew Carnegie
Andrew Carnegie earned the title of the “richest man in the world” in 1901 when he sold his steel corporation for $480 million. In today's dollars that equals $12.3 billion. Carnegie claimed he was a captain of industry because he started out as a poor, immigrant teen, who worked hard and became a success.

Answer 2

Andrew Carnegie is known as the captain of the steel industry. He was a major capitalist of the 19th century and helped build the formidable American steel industry, which turned him into the richest man in the world.

Carnegie lowered the cost of his steel mills, which made them popular very quickly, and his steel made the.

In the 19th century, a captain of industry was a business leader whose means of amassing a personal fortune contributed positively to the country in some way, and Andrew Carnegie is one of the industrialists who were called “captains of industry”.