By 1898 Carnegie had steel buildings and was becoming a monopolist. He owned over 5 steel companies and by 1899 he formed them to become Carnegie Steel. This was huge for Andrew Carnegie. Slowly but surely he was becoming one of the wealthiest men in the world. In 1900, Carnegie Institute of Technology was established. In 1901, Andrew Carnegie sells Carnegie Steel to J.P. Morgan for $480 million. Morgan was able to create US Steel. This makes Andrew Carnegie the richest man world. This signifies him and the reason he is so famous in this world today. Even today he is still worth $480 million. After selling Carnegie Steel, he still went on to open more establishments such as Carnegie Institution and Carnegie Corporation. Carnegie died in
