Compared to where he was in 1901 he was a lot less rich.
Reader comment on: Carnegie Died Rich
Submitted by Lyle (United States), Apr 2, 2010 07:52
Carneige died a lot less rich than if he had not given so much away. I believe he meant superrich in his quote, he at one point had $225 million in bonds from the US steel transaction alone. It appears he gave away about 350 million and was left with the 30 million, which is a percentage less than any estate tax would take.
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The Future of Capitalism replies:
Still, $30 million in 1919 dollars is pretty rich.
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