Biography of famous people in the World

Hopefully these famous people can be an inspiration for us, most of them start from zero up to be a great person, that whatever we dream of, we can surely realize it, never give up and keep moving on to optimize our abilities.

Biography of famous people in the World

Hopefully these famous people can be an inspiration for us, most of them start from zero up to be a great person, that whatever we dream of, we can surely realize it, never give up and keep moving on to optimize our abilities.

Biography of famous people in the World

Hopefully these famous people can be an inspiration for us, most of them start from zero up to be a great person, that whatever we dream of, we can surely realize it, never give up and keep moving on to optimize our abilities.

Biography of famous people in the World

Hopefully these famous people can be an inspiration for us, most of them start from zero up to be a great person, that whatever we dream of, we can surely realize it, never give up and keep moving on to optimize our abilities.

Biography of famous people in the World

Hopefully these famous people can be an inspiration for us, most of them start from zero up to be a great person, that whatever we dream of, we can surely realize it, never give up and keep moving on to optimize our abilities.

Biography of famous people in the World

Hopefully these famous people can be an inspiration for us, most of them start from zero up to be a great person, that whatever we dream of, we can surely realize it, never give up and keep moving on to optimize our abilities.

Monday, March 16, 2015

>> Biography of Bill Gates


Bill Gates in July 2014

William Henry "Bill" Gates III (born October 28, 1955) is an American business magnate, philanthropist, investor, computer programmer, and inventor. Gates originally established his reputation as the co-founder of Microsoft, the world’s largest PC software company, with Paul Allen. During his career at Microsoft, Gates held the positions of chairman, CEO and chief software architect, and was also the largest individual shareholder until May 2014. He has also authored and co-authored several books.

Today he is consistently ranked in the Forbes list of the world's wealthiest people and was the wealthiest overall from 1995 to 2014—excluding a few brief periods post-2008. Between 2009 and 2014 his wealth more than doubled from $40 billion to more than $82 billion. Between 2013 and 2014 his wealth increased by $15 billion, or around $1.5 billion more than the entire GDP of Iceland in 2014.

Gates is one of the best-known entrepreneurs of the personal computer revolution. Gates has been criticized for his business tactics, which have been considered anti-competitive, an opinion which has in some cases been upheld by numerous court rulings. In the later stages of his career, Gates has pursued a number of philanthropic endeavors, donating large amounts of money to various charitable organizations and scientific research programs through the Bill & Melinda Gates Foundation, established in 2000.

Gates stepped down as chief executive officer of Microsoft in January 2000. He remained as chairman and created the position of chief software architect for himself. In June 2006, Gates announced that he would be transitioning from full-time work at Microsoft to part-time work, and full-time work at the Bill & Melinda Gates Foundation. He gradually transferred his duties to Ray Ozzie (who has since left Microsoft), chief software architect, and Craig Mundie, chief research and strategy officer. Gates's last full-time day at Microsoft was June 27, 2008. He stepped down as chairman of Microsoft in February 2014, taking on a new post as technology advisor to support newly appointed CEO Satya Nadella.

Gates was born in Seattle, Washington, in an upper-middle-class family, the son of William H. Gates, Sr.  and Mary Maxwell Gates. His ancestral origin includes English, German, and Scots-Irish. His father was a prominent lawyer, and his mother served on the board of directors for First Interstate BancSystem and the United Way. Gates's maternal grandfather was JW Maxwell, a national bank president. Gates has one elder sister, Kristi (Kristianne), and one younger sister, Libby. He was the fourth of his name in his family, but was known as William Gates III or "Trey" because his father had the "II" suffix. Early on in his life, Gates's parents had a law career in mind for him. When Gates was young, his family regularly attended a Protestant Congregational church. The family encouraged competition; one visitor reported that "it didn't matter whether it was hearts or pickleball or swimming to the dock ... there was always a reward for winning and there was always a penalty for losing".

At 13, he enrolled in the Lakeside School, an exclusive preparatory school. When he was in the eighth grade, the Mothers Club at the school used proceeds from Lakeside School's rummage sale to buy a Teletype Model 33 ASR terminal and a block of computer time on a General Electric (GE) computer for the school's students. Gates took an interest in programming the GE system in BASIC, and was excused from math classes to pursue his interest. He wrote his first computer program on this machine: an implementation of tic-tac-toe that allowed users to play games against the computer. Gates was fascinated by the machine and how it would always execute software code perfectly. When he reflected back on that moment, he said, "There was just something neat about the machine." After the Mothers Club donation was exhausted, he and other students sought time on systems including DEC PDP minicomputers. One of these systems was a PDP-10 belonging to Computer Center Corporation (CCC), which banned four Lakeside students—Gates, Paul Allen, Ric Weiland, and Kent Evans—for the summer after it caught them exploiting bugs in the operating system to obtain free computer time.

At the end of the ban, the four students offered to find bugs in CCC's software in exchange for computer time. Rather than use the system via Teletype, Gates went to CCC's offices and studied source code for various programs that ran on the system, including programs in Fortran, Lisp, and machine language. The arrangement with CCC continued until 1970, when the company went out of business. The following year, Information Sciences, Inc. hired the four Lakeside students to write a payroll program in Cobol, providing them computer time and royalties. After his administrators became aware of his programming abilities, Gates wrote the school's computer program to schedule students in classes. He modified the code so that he was placed in classes with "a disproportionate number of interesting girls." He later stated that "it was hard to tear myself away from a machine at which I could so unambiguously demonstrate success." At age 17, Gates formed a venture with Allen, called Traf-O-Data, to make traffic counters based on the Intel 8008 processor. In early 1973, Bill Gates served as a congressional page in the U.S. House of Representatives.

Gates graduated from Lakeside School in 1973 and was a National Merit Scholar. He scored 1590 out of 1600 on the SAT and enrolled at Harvard College in the autumn of 1973. While at Harvard, he met Steve Ballmer, who would later succeed Gates as CEO of Microsoft.

In his sophomore year, Gates devised an algorithm for pancake sorting as a solution to one of a series of unsolved problems presented in a combinatorics class by Harry Lewis, one of his professors. Gates's solution held the record as the fastest version for over thirty years, its successor is faster by only one percent. His solution was later formalized in a published paper in collaboration with Harvard computer scientist Christos Papadimitriou.

Gates did not have a definite study plan while a student at Harvard and spent a lot of time using the school's computers. Gates remained in contact with Paul Allen, and he joined him at Honeywell during the summer of 1974. The following year saw the release of the MITS Altair 8800 based on the Intel 8080 CPU, and Gates and Allen saw this as the opportunity to start their own computer software company. Gates dropped out of Harvard at this time. He had talked this decision over with his parents, who were supportive of him after seeing how much Gates wanted to start a company.


MITS Altair 8800 Computer with 8-inch (200 mm) floppy disk system

After reading the January 1975 issue of Popular Electronics that demonstrated the Altair 8800, Gates contacted Micro Instrumentation and Telemetry Systems (MITS), the creators of the new microcomputer, to inform them that he and others were working on a BASIC interpreter for the platform. In reality, Gates and Allen did not have an Altair and had not written code for it; they merely wanted to gauge MITS's interest. MITS president Ed Roberts agreed to meet them for a demo, and over the course of a few weeks they developed an Altair emulator that ran on a minicomputer, and then the BASIC interpreter. The demonstration, held at MITS's offices in Albuquerque, was a success and resulted in a deal with MITS to distribute the interpreter as Altair BASIC. Paul Allen was hired into MITS, and Gates took a leave of absence from Harvard to work with Allen at MITS in Albuquerque in November 1975. They named their partnership "Micro-Soft" and had their first office located in Albuquerque. Within a year, the hyphen was dropped, and on November 26, 1976, the trade name "Microsoft" was registered with the Office of the Secretary of the State of New Mexico. Gates never returned to Harvard to complete his studies.

Microsoft's BASIC was popular with computer hobbyists, but Gates discovered that a pre-market copy had leaked into the community and was being widely copied and distributed. In February 1976, Gates wrote an Open Letter to Hobbyists in the MITS newsletter saying that MITS could not continue to produce, distribute, and maintain high-quality software without payment. This letter was unpopular with many computer hobbyists, but Gates persisted in his belief that software developers should be able to demand payment. Microsoft became independent of MITS in late 1976, and it continued to develop programming language software for various systems. The company moved from Albuquerque to its new home in Bellevue, Washington on January 1, 1979.

During Microsoft's early years, all employees had broad responsibility for the company's business. Gates oversaw the business details, but continued to write code as well. In the first five years, Gates personally reviewed every line of code the company shipped, and often rewrote parts of it as he saw fit.

IBM partnership
IBM approached Microsoft in July 1980 regarding its upcoming personal computer, the IBM PC. The computer company first proposed that Microsoft write the BASIC interpreter. When IBM's representatives mentioned that they needed an operating system, Gates referred them to Digital Research (DRI), makers of the widely used CP/M operating system. IBM's discussions with Digital Research went poorly, and they did not reach a licensing agreement. IBM representative Jack Sams mentioned the licensing difficulties during a subsequent meeting with Gates and told him to get an acceptable operating system. A few weeks later, Gates proposed using 86-DOS (QDOS), an operating system similar to CP/M that Tim Paterson of Seattle Computer Products (SCP) had made for hardware similar to the PC. Microsoft made a deal with SCP to become the exclusive licensing agent, and later the full owner, of 86-DOS. After adapting the operating system for the PC, Microsoft delivered it to IBM as PC DOS in exchange for a one-time fee of $50,000.

Gates did not offer to transfer the copyright on the operating system, because he believed that other hardware vendors would clone IBM's system. They did, and the sales of MS-DOS made Microsoft a major player in the industry. Despite IBM's name on the operating system the press quickly identified Microsoft as being very influential on the new computer. PC Magazine asked if Gates were "the man behind the machine?", and InfoWorld quoted an expert as stating "it's Gates' computer". Gates oversaw Microsoft's company restructuring on June 25, 1981, which re-incorporated the company in Washington state and made Gates President of Microsoft and the Chairman of the Board.

The Poker Room in Currier House at Harvard University, where Gates and Allen formed Microsoft

Microsoft launched its first retail version of Microsoft Windows on November 20, 1985, and in August, the company struck a deal with IBM to develop a separate operating system called OS/2. Although the two companies successfully developed the first version of the new system, mounting creative differences caused the partnership to deteriorate.

From Microsoft's founding in 1975 until 2006, Gates had primary responsibility for the company's product strategy. He aggressively broadened the company's range of products, and wherever Microsoft achieved a dominant position he vigorously defended it. He gained a reputation for being distant to others; as early as 1981 an industry executive complained in public that "Gates is notorious for not being reachable by phone and for not returning phone calls." Another executive recalled that after he showed Gates a game and defeated him 35 of 37 times, when they met again a month later Gates "won or tied every game. He had studied the game until he solved it. That is a competitor."

As an executive, Gates met regularly with Microsoft's senior managers and program managers. Firsthand accounts of these meetings describe him as verbally combative, berating managers for perceived holes in their business strategies or proposals that placed the company's long-term interests at risk.

He has interrupted presentations with such comments "That's the stupidest thing I've ever heard!" and, "Why don't you just give up your options and join the Peace Corps?" The target of his outburst then had to defend the proposal in detail until, hopefully, Gates was fully convinced. When subordinates appeared to be procrastinating, he was known to remark sarcastically, "I'll do it over the weekend."

Gates's role at Microsoft for most of its history was primarily a management and executive role. However, he was an active software developer in the early years, particularly on the company's programming language products. He has not officially been on a development team since working on the TRS-80 Model 100, but wrote code as late as 1989 that shipped in the company's products. On June 15, 2006, Gates announced that he would transition out of his day-to-day role over the next two years to dedicate more time to philanthropy. He divided his responsibilities between two successors, placing Ray Ozzie in charge of day-to-day management and Craig Mundie in charge of long-term product strategy.

Antitrust litigation
Many decisions that led to antitrust litigation over Microsoft's business practices have had Gates's approval. In the 1998 United States v. Microsoft case, Gates gave deposition testimony that several journalists characterized as evasive. He argued with examiner David Boies over the contextual meaning of words such as, "compete", "concerned", and "we". The judge and other observers in the court room were seen laughing at various points during the deposition.


Gates and Steve Jobs at the 5th, All Things Digital conference (D5) in 2007

After being named one of Good Housekeeping '​s "50 Most Eligible Bachelors" in 1985, Gates married Melinda French on January 1, 1994. They have three children: daughters Jennifer Katharine (b. 1996) and Phoebe Adele (b. 2002), and son Rory John (b. 1999). The family resides in the Gateses' home, an earth-sheltered house in the side of a hill overlooking Lake Washington in Medina. According to King County public records, as of 2006 the total assessed value of the property (land and house) is $125 million, and the annual property tax is $991,000. The 66,000 sq ft (6,100 m2) estate has a 60-foot (18 m) swimming pool with an underwater music system, as well as a 2,500 sq ft (230 m2) gym and a 1,000 sq ft (93 m2) dining room.

The moral systems of religion, I think, are super important. We've raised our kids in a religious way; they've gone to the Catholic church that Melinda goes to and I participate in. I've been very lucky, and therefore I owe it to try and reduce the inequity in the world. And that's kind of a religious belief. I mean, it's at least a moral belief.

In the same interview, Gates said: "I agree with people like Richard Dawkins that mankind felt the need for creation myths. Before we really began to understand disease and the weather and things like that, we sought false explanations for them. Now science has filled in some of the realm – not all – that religion used to fill. But the mystery and the beauty of the world is overwhelmingly amazing, and there's no scientific explanation of how it came about. To say that it was generated by random numbers, that does seem, you know, sort of an uncharitable view. I think it makes sense to believe in God, but exactly what decision in your life you make differently because of it, I don't know."

Among Gates's private acquisitions is the Codex Leicester, a collection of writings by Leonardo da Vinci, which Gates bought for $30.8 million at an auction in 1994. Gates is also known as an avid reader, and the ceiling of his large home library is engraved with a quotation from The Great Gatsby. He also enjoys playing bridge, tennis, and golf.

Gates was number one on the Forbes 400 list from 1993 through to 2007 and number one on Forbes list of The World's Richest People from 1995 to 2007 and 2009. In 1999, his wealth briefly surpassed $101 billion, causing the media to call Gates a "centibillionaire". Despite his wealth and extensive business travel Gates usually flew coach until 1997, when he bought a private jet. Since 2000, the nominal value of his Microsoft holdings has declined due to a fall in Microsoft's stock price after the dot-com bubble burst and the multi-billion dollar donations he has made to his charitable foundations. In a May 2006 interview, Gates commented that he wished that he were not the richest man in the world because he disliked the attention it brought. In March 2010, Gates was the second wealthiest person behind Carlos Slim, but regained the top position in 2013 according to the Bloomberg Billionaires List. arlos Slim retook the position again in June 2014.

Gates has several investments outside Microsoft, which in 2006 paid him a salary of $616,667 and $350,000 bonus totalling $966,667. He founded Corbis, a digital imaging company, in 1989. In 2004 he became a director of Berkshire Hathaway, the investment company headed by long-time friend Warren Buffett.

Around the 1990s, Gates spoke at a high school about "the eleven rules of life," aimed at high school and college graduates. The rules have since been repeated in schools across the world, with the purpose of educating students on how to be successful in their future. Although the rules are commonly attributed to Gates, it is actually originally written by educator Charles Sykes in his book "Dumbing Down on Our Kids," written in 1996.

Bill and Melinda Gates, June 2009

Gates studied the work of Andrew Carnegie and John D. Rockefeller, and in 1994 sold some of his Microsoft stock to create the "William H. Gates Foundation." In 2000, Gates and his wife combined three family foundations to create the charitable "Bill & Melinda Gates Foundation," which was identified by the Funds for NGOs company in 2013 as the world's wealthiest charitable foundation, with assets reportedly valued at more than US$34.6 billion. The Foundation allows benefactors to access information that shows how its money is being spent, unlike other major charitable organizations such as the Wellcome Trust.

Gates has credited the generosity and extensive philanthropy of David Rockefeller as a major influence. Gates and his father met with Rockefeller several times, and their charity work is partly modeled on the Rockefeller family's philanthropic focus, whereby they are interested in tackling the global problems that are ignored by governments and other organizations. As of 2007, Bill and Melinda Gates were the second-most generous philanthropists in America, having given over US$28 billion to charity, the couple plan to eventually donate 95 percent of their wealth to charity.

On August 15, 2014, Bill Gates posted a video of himself dumping a bucket of ice water on his head, after Facebook founder Mark Zuckerberg challenged him to do so, in order to raise awareness for ALS.

Reference Wikipedia




>> Biography of Andrew Carnegie


Andrew Carnegie (November 25, 1835 – August 11, 1919) was a Scottish American industrialist who led the enormous expansion of the American steel industry in the late 19th century. He was also one of the highest profile philanthropists of his era and, by the time of his death, he had given away to charities and foundations about $350 million (in 2015, $4.76 billion) – almost 90 percent of his fortune. His 1889 article proclaiming "The Gospel of Wealth" called on the rich to use their wealth to improve society, and it stimulated a wave of philanthropy.

Carnegie was born in Dunfermline, Scotland, and emigrated to the United States with his very poor parents in 1848. Carnegie started work as a telegrapher and by the 1860s had investments in railroads, railroad sleeping cars, bridges and oil derricks. He accumulated further wealth as a bond salesman raising money for American enterprise in Europe. He built Pittsburgh's Carnegie Steel Company, which he sold to J.P. Morgan in 1901 for $480 million (in 2015, $13.6 billion), creating the U.S. Steel Corporation. Carnegie devoted the remainder of his life to large-scale philanthropy, with special emphasis on local libraries, world peace, education and scientific research. With the fortune he made from business, he built Carnegie Hall and he founded the Carnegie Corporation of New York, Carnegie Endowment for International Peace, Carnegie Institution for Science, Carnegie Trust for the Universities of Scotland, Carnegie Hero Fund, Carnegie Mellon University and the Carnegie Museums of Pittsburgh, among others. His life has often been referred to as a true "rags to riches" story.

Andrew Carnegie was born in Dunfermline, Scotland, in a typical weaver's cottage with only one main room, consisting of half the ground floor which was shared with the neighboring weaver's family. The main room served as a living room, dining room and bedroom.[4] He was named after his legal grandfather. In 1836, the family moved to a larger house in Edgar Street (opposite Reid's Park), following the demand for more heavy damask from which his father, William Carnegie, benefited. His uncle, George Lauder, whom he referred to as "Dod", introduced him to the writings of Robert Burns and historical Scottish heroes such as Robert the Bruce, William Wallace, and Rob Roy. Falling on very hard times as a handloom weaver and with the country in starvation, William Carnegie decided to move with his family to Allegheny, Pennsylvania, in the United States in 1848 for the prospect of a better life. Andrew's family had to borrow money in order to migrate. Allegheny was a very poor area. His first job at age 13 in 1848 was as a bobbin boy, changing spools of thread in a cotton mill 12 hours a day, 6 days a week in a Pittsburgh cotton factory. His starting wage was $1.20 per week. Andrew's father, William Carnegie, started off working in a cotton mill but then would earn money weaving and peddling linens. His mother, Margaret Morrison Carnegie, earned money by binding shoes.

Andrew Carnegie's birthplace, 4 Moodie Street, Dunfermline, Fife, Scotland

In 1850, Carnegie became a telegraph messenger boy in the Pittsburgh Office of the Ohio Telegraph Company, at $2.50 per week, following the recommendation of his uncle. His new job gave him many benefits including free admission to the local theater. This made him appreciate Shakespeare's work. He was a very hard worker and would memorize all of the locations of Pittsburgh's businesses and the faces of important men. He made many connections this way. He also paid close attention to his work, and quickly learned to distinguish the differing sounds the incoming telegraph signals produced. He developed the ability to translate signals by ear, without using the paper slip, and within a year was promoted as an operator. Carnegie's education and passion for reading was given a great boost by Colonel James Anderson, who opened his personal library of 400 volumes to working boys each Saturday night. Carnegie was a consistent borrower and a "self-made man" in both his economic development and his intellectual and cultural development. His capacity, his willingness for hard work, his perseverance, and his alertness soon brought forth opportunities.

Starting in 1853, Thomas A. Scott of the Pennsylvania Railroad Company employed Carnegie as a secretary/telegraph operator at a salary of $4.00 per week. At age 18, the precocious youth began a rapid advance through the company, becoming the superintendent of the Pittsburgh Division. His employment by the Pennsylvania Railroad Company would be vital to his later success. The railroads were the first big businesses in America, and the Pennsylvania was one of the largest of them all. Carnegie learned much about management and cost control during these years, and from Scott in particular.

Scott also helped him with his first investments. Many of these were part of the corruption indulged in by Scott and the Pennsylvania's president, J. Edgar Thomson, which consisted of inside trading in companies that the railroad did business with, or payoffs made by contracting parties "as part of a quid pro quo".[10] In 1855, Scott made it possible for Carnegie to invest $500 in the Adams Express, which contracted with the Pennsylvania to carry its messengers. The money was secured by his mother's placing a $500 mortgage on the family's $700 home, but the opportunity was available only because of Carnegie's close relationship with Scott. A few years later, he received a few shares in T.T. Woodruff's sleeping car company, as a reward for holding shares that Woodruff had given to Scott and Thomson, as a payoff. Reinvesting his returns in such inside investments in railroad-related industries: (iron, bridges, and rails), Carnegie slowly accumulated capital, the basis for his later success. Throughout his later career, he made use of his close connections to Thomson and Scott, as he established businesses that supplied rails and bridges to the railroad, offering the two men a stake in his enterprises.

Carnegie at Skibo Castle, 1914

Carnegie continued his business career; some of his literary intentions were fulfilled. He befriended English poet Matthew Arnold, English philosopher Herbert Spencer, and American humorist Mark Twain, as well as being in correspondence and acquaintance with most of the U.S. Presidents, statesmen, and notable writers.

Carnegie constructed commodious swimming-baths for the people of his hometown in Dunfermline in 1879. In the following year, Carnegie gave $40,000 for the establishment of a free library in Dunfermline. In 1884, he gave $50,000 to Bellevue Hospital Medical College (now part of New York University Medical Center) to found a histological laboratory, now called the Carnegie Laboratory.

In 1881, Carnegie took his family, including his 70 year-old mother, on a trip to the United Kingdom. They toured Scotland by coach, and enjoyed several receptions en route. The highlight for them all was a triumphal return to Dunfermline, where Carnegie's mother laid the foundation stone of a Carnegie library for which he donated the money. Carnegie's criticism of British society did not mean dislike; on the contrary, one of Carnegie's ambitions was to act as a catalyst for a close association between the English-speaking peoples. To this end, in the early 1880s in partnership with Samuel Storey, he purchased numerous newspapers in England, all of which were to advocate the abolition of the monarchy and the establishment of "the British Republic". Carnegie's charm aided by his great wealth meant that he had many British friends, including Prime Minister William Ewart Gladstone.

In 1886, Carnegie's younger brother Thomas died at age 43. Success in the business continued, however. While owning steel works, Carnegie had purchased at low cost the most valuable of the iron ore fields around Lake Superior. The same year Carnegie became a figure of controversy. Following his tour of the UK, he wrote about his experiences in a book entitled An American Four-in-hand in Britain. Although still actively involved in running his many businesses, Carnegie had become a regular contributor to numerous magazines, most notably The Nineteenth Century, under the editorship of James Knowles, and the influential North American Review, led by editor Lloyd Bryce.

Carnegie Mellon University

In 1886, Carnegie wrote his most radical work to date, entitled Triumphant Democracy. Liberal in its use of statistics to make its arguments, the book argued his view that the American republican system of government was superior to the British monarchical system. It gave a highly favorable and idealized view of American progress and criticized the British royal family. The cover depicted an upended royal crown and a broken scepter. The book created considerable controversy in the UK. The book made many Americans appreciate their country's economic progress and sold over 40,000 copies, mostly in the U.S.

In 1889, Carnegie published "Wealth" in the June issue of the North American Review. After reading it, Gladstone requested its publication in England, where it appeared as "The Gospel of Wealth" in the Pall Mall Gazette. The article was the subject of much discussion. Carnegie argued that the life of a wealthy industrialist should comprise two parts. The first part was the gathering and the accumulation of wealth. The second part was for the subsequent distribution of this wealth to benevolent causes. The philanthropy was key to making the life worthwhile. Carnegie was a well-regarded writer. He published three books on travel

In 1901, Carnegie was 66 years of age and considering retirement. He reformed his enterprises into conventional joint stock corporations as preparation to this end. John Pierpont Morgan was a banker and perhaps America's most important financial deal maker. He had observed how efficiently Carnegie produced profit. He envisioned an integrated steel industry that would cut costs, lower prices to consumers, produce in greater quantities and raise wages to workers. To this end, he needed to buy out Carnegie and several other major producers and integrate them into one company, thereby eliminating duplication and waste. He concluded negotiations on March 2, 1901, and formed the United States Steel Corporation. It was the first corporation in the world with a market capitalization over $1 billion.

The buyout, secretly negotiated by Charles M. Schwab (no relation to Charles R. Schwab), was the largest such industrial takeover in United States history to date. The holdings were incorporated in the United States Steel Corporation, a trust organized by Morgan, and Carnegie retired from business. His steel enterprises were bought out at a figure equivalent to 12 times their annual earnings—$480 million (in 2015, $13.6 billion) which at the time was the largest ever personal commercial transaction.

Carnegie's share of this amounted to $225,639,000 (in 2015, $6.4 billion), which was paid to Carnegie in the form of 5%, 50-year gold bonds. The letter agreeing to sell his share was signed on February 26, 1901. On March 2, the circular formally filing the organization and capitalization (at $1,400,000,000—4% of U.S. national wealth at the time) of the United States Steel Corporation actually completed the contract. The bonds were to be delivered within two weeks to the Hudson Trust Company of Hoboken, New Jersey, in trust to Robert A. Franks, Carnegie's business secretary. There, a special vault was built to house the physical bulk of nearly $230,000,000 worth of bonds. It was said that "...Carnegie never wanted to see or touch these bonds that represented the fruition of his business career. It was as if he feared that if he looked upon them they might vanish like the gossamer gold of the leprechaun. Let them lie safe in a vault in New Jersey, safe from the New York tax assessors, until he was ready to dispose of them.

Carnegie spent his last years as a philanthropist. From 1901 forward, public attention was turned from the shrewd business acumen which had enabled Carnegie to accumulate such a fortune, to the public-spirited way in which he devoted himself to utilizing it on philanthropic projects. He had written about his views on social subjects and the responsibilities of great wealth in Triumphant Democracy (1886) and Gospel of Wealth (1889). Carnegie bought Skibo Castle in Scotland, and made his home partly there and partly in New York. He then devoted his life to providing the capital for purposes of public interest and social and educational advancement.

He was a powerful supporter of the movement for spelling reform as a means of promoting the spread of the English language.


The Statue of Andrew Carnegie in his home town of Dunfermline

Among his many philanthropic efforts, the establishment of public libraries throughout the United States, Britain, Canada and other English-speaking countries was especially prominent. In this special driving interest and project of his he was inspired by a visit and tour he made with Mr. Enoch Pratt (1808–1896), formerly of Massachusetts but who made his fortune in Baltimore and ran his various mercantile and financial businesses very thriftily. Pratt in turn had been inspired and helped by his friend and fellow Bay Stater, George Peabody, (1795–1869) who also had made his fortune in the "Monumental City" of Baltimore before moving to New York and London to expand his empire as the richest man in America before the Civil War. Later he too endowed several institutions, schools, libraries and foundations in his home commonwealth, and also in Baltimore with his Peabody Institute in 1857, completed in 1866, with added library wings a decade later and several educational foundations throughout the Old South. Several decades later, Carnegie's visit with Mr. Pratt for several days; resting and dining in his city mansion, then touring, visiting and talking with staff and ordinary citizen patrons of the newly established Enoch Pratt Free Library (1886) impressed the Scotsman deeply and years later he was always heard to proclaim that "Pratt was my guide and inspiration".

The first Carnegie library opened in 1883 in Dunfermline. His method was to build and equip, but only on condition that the local authority matched that by providing the land and a budget for operation and maintenance. To secure local interest, in 1885, he gave $500,000 to Pittsburgh for a public library, and in 1886, he gave $250,000 to Allegheny City for a music hall and library; and $250,000 to Edinburgh for a free library. In total Carnegie funded some 3,000 libraries, located in 47 US states, and also in Canada, the United Kingdom, what is now the Republic of Ireland, Australia, New Zealand, the West Indies, and Fiji. He also donated £50,000 to help set up the University of Birmingham in 1899. In the early 20th Century, a decade after Mr. Pratt's death, when expansion and city revenues grew tight, Carnegie returned the favor and endowed a large sum to permit the building of many Carnegie Libraries in the Enoch Pratt system in Baltimore and enabled EPFL to expand through the next quarter-century to meet the needs of the growing city and supply neighborhood branches for its annexed suburbs.


As Van Slyck (1991) showed, the last years of the 19th century saw acceptance of the idea that free libraries should be available to the American public. But the design of the idealized free library was the subject of prolonged and heated debate. On one hand, the library profession called for designs that supported efficiency in administration and operation; on the other, wealthy philanthropists favored buildings that reinforced the paternalistic metaphor and enhanced civic pride. Between 1886 and 1917, Carnegie reformed both library philanthropy and library design, encouraging a closer correspondence between the two.

He gave $2 million in 1900 to start the Carnegie Institute of Technology (CIT) at Pittsburgh and the same amount in 1902 to found the Carnegie Institution at Washington, D.C. He later contributed more to these and other schools. CIT is now known as Carnegie Mellon University after it merged with the Mellon Institute of Industrial Research. Carnegie also served on the Board of Cornell University.

In 1911, Carnegie became a sympathetic benefactor to George Ellery Hale, who was trying to build the 100 inches (2.5 m) Hooker Telescope at Mount Wilson, and donated an additional ten million dollars to the Carnegie Institution with the following suggestion to expedite the construction of the telescope: "I hope the work at Mount Wilson will be vigorously pushed, because I am so anxious to hear the expected results from it. I should like to be satisfied before I depart, that we are going to repay to the old land some part of the debt we owe them by revealing more clearly than ever to them the new heavens." The telescope saw first light on November 2, 1917, with Carnegie still alive.

In Scotland, he gave $10 million in 1901 to establish the Carnegie Trust for the Universities of Scotland. It was created by a deed which he signed on June 7, 1901, and it was incorporated by Royal Charter on August 21, 1902. The Trust was funded by a gift of $10 million (a then unprecedented sum: at the time, total government assistance to all four Scottish universities was about £50,000 a year) and its aim was to improve and extend the opportunities for scientific research in the Scottish universities and to enable the deserving and qualified youth of Scotland to attend a university. He was subsequently elected Lord Rector of University of St. Andrews in December 1901. He also donated large sums of money to Dunfermline, the place of his birth. In addition to a library, Carnegie also bought the private estate which became Pittencrieff Park and opened it to all members of the public, establishing the Carnegie Dunfermline Trust to benefit the people of Dunfermline. A statue of him stands there today. He gave a further $10 million in 1913 to endow the Carnegie United Kingdom Trust, a grant-making foundation.

Carnegie also established large pension funds in 1901 for his former employees at Homestead and, in 1905, for American college professors. The latter fund evolved into TIAA-CREF. One critical requirement was that church-related schools had to sever their religious connections to get his money.

His interest in music led him to fund construction of 7,000 church organs. He built and owned Carnegie Hall in New York City. Carnegie was a large benefactor of the Tuskegee Institute under Booker T. Washington for African-American education. He helped Washington create the National Negro Business League.

He founded the Carnegie Hero Fund for the United States and Canada in 1904 (a few years later also established in the United Kingdom, Switzerland, Norway, Sweden, France, Italy, the Netherlands, Belgium, Denmark, and Germany) for the recognition of deeds of heroism. Carnegie contributed $1,500,000 in 1903 for the erection of the Peace Palace at The Hague; and he donated $150,000 for a Pan-American Palace in Washington as a home for the International Bureau of American Republics.

Carnegie was honored for his philanthropy and support of the arts by initiation as an honorary member of Phi Mu Alpha Sinfonia Fraternity on October 14, 1917, at the New England Conservatory of Music in Boston, Massachusetts. The fraternity's mission reflects Carnegie's values by developing young men to share their talents to create harmony in the world.

By the standards of 19th century tycoons, Carnegie was not a particularly ruthless man but a humanitarian with enough acquisitiveness to go in the ruthless pursuit of money. "Maybe with the giving away of his money," commented biographer Joseph Wall, "he would justify what he had done to get that money."

To some, Carnegie represents the idea of the American dream. He was an immigrant from Scotland who came to America and became successful. He is not only known for his successes but his enormous amounts of philanthropist works, not only to charities but also to promote democracy and independence to colonized countries.

Carnegie's grave site at the Sleepy Hollow Cemetery in North Tarrytown, New York

Carnegie died on August 11, 1919, in Lenox, Massachusetts, of bronchial pneumonia. He had already given away $350,695,653 (approximately $4.8 billion, adjusted to 2010 figures) of his wealth. After his death, his last $30,000,000 was given to foundations, charities, and to pensioners. He was buried at the Sleepy Hollow Cemetery in North Tarrytown, New York. The grave site is located on the Arcadia Hebron plot of land at the corner of Summit Avenue and Dingle Road. Carnegie is buried only a few yards away from union organizer Samuel Gompers, another important figure of industry in the Gilded Age.

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>> Biography of Albert Einstein



Albert Einstein (14 March 1879 – 18 April 1955) was a German-born theoretical physicist. Einstein's work is also known for its influence on the philosophy of science. He developed the general theory of relativity, one of the two pillars of modern physics (alongside quantum mechanics). Einstein is best known in popular culture for his mass–energy equivalence formula E = mc2 (which has been dubbed "the world's most famous equation"). He received the 1921 Nobel Prize in Physics for his "services to theoretical physics", in particular his discovery of the law of the photoelectric effect, a pivotal step in the evolution of quantum theory.

Near the beginning of his career, Einstein thought that Newtonian mechanics was no longer enough to reconcile the laws of classical mechanics with the laws of the electromagnetic field. This led to the development of his special theory of relativity. He realized, however, that the principle of relativity could also be extended to gravitational fields, and with his subsequent theory of gravitation in 1916, he published a paper on the general relativity. He continued to deal with problems of statistical mechanics and quantum theory, which led to his explanations of particle theory and the motion of molecules. He also investigated the thermal properties of light which laid the foundation of the photon theory of light. In 1917, Einstein applied the general theory of relativity to model the large-scale structure of the universe.



Einstein in New York, 1921, his first visit to the United States

He was visiting the United States when Adolf Hitler came to power in 1933 and, being Jewish, did not go back to Germany, where he had been a professor at the Berlin Academy of Sciences. He settled in the U.S., becoming an American citizen in 1940.[10] On the eve of World War II, he endorsed a letter to President Franklin D. Roosevelt alerting him to the potential development of "extremely powerful bombs of a new type" and recommending that the U.S. begin similar research. This eventually led to what would become the Manhattan Project. Einstein supported defending the Allied forces, but largely denounced the idea of using the newly discovered nuclear fission as a weapon. Later, with the British philosopher Bertrand Russell, Einstein signed the Russell–Einstein Manifesto, which highlighted the danger of nuclear weapons. Einstein was affiliated with the Institute for Advanced Study in Princeton, New Jersey, until his death in 1955.

Einstein published more than 300 scientific papers along with over 150 non-scientific works. On 5 December 2014, universities and archives announced the release of Einstein's papers, comprising more than 30,000 unique documents. Einstein's intellectual achievements and originality have made the word "Einstein" synonymous with genius.

Early life and education
A young boy with short hair and a round face, wearing a white collar and large bow, with vest, coat, skirt and high boots. He is leaning against an ornate chair.
Einstein at the age of 3 in 1882
Studio photo of a boy seated in a relaxed posture and wearing a suit, posed in front of a backdrop of scenery.

Einstein's matriculation certificate at the age of 17. The heading reads "The Education Committee of the Canton of Aargau." His scores were German 5, French 3, Italian 5, History 6, Geography 4, Algebra 6, Geometry 6, Descriptive Geometry 6, Physics 6, Chemistry 5, Natural History 5, Art Drawing 4, Technical Drawing 4. The scores are 6 = excellent, 5 = good, 4 = sufficient, 3 = poor, 2 = very poor, 1 = unusable.
Einstein's matriculation certificate at the age of 17, showing his final grades from the Argovian cantonal school (aargauische Kantonsschule, on a scale of 1–6, with 6 being the best mark)
Albert Einstein was born in Ulm, in the Kingdom of Württemberg in the German Empire on 14 March 1879. His parents were Hermann Einstein, a salesman and engineer, and Pauline Koch. In 1880, the family moved to Munich, where his father and his uncle founded Elektrotechnische Fabrik J. Einstein & Cie, a company that manufactured electrical equipment based on direct current.


Einstein at the age of 3 in 1882

The Einsteins were non-observant Ashkenazi Jews. Albert attended a Catholic elementary school from the age of 5 for three years. At the age of 8, he was transferred to the Luitpold Gymnasium (now known as the Albert Einstein Gymnasium), where he received advanced primary and secondary school education until he left Germany seven years later. Contrary to popular suggestions that he had struggled with early speech difficulties, the Albert Einstein Archives indicate he excelled at the first school that he attended. He was right-handed, there appears to be no evidence for the widespread popular belief that he was left-handed.

His father once showed him a pocket compass; Einstein realized that there must be something causing the needle to move, despite the apparent "empty space". As he grew, Einstein built models and mechanical devices for fun and began to show a talent for mathematics.

In 1894, his father's company failed: direct current (DC) lost the War of Currents to alternating current (AC). In search of business, the Einstein family moved to Italy, first to Milan and then, a few months later, to Pavia. When the family moved to Pavia, Einstein stayed in Munich to finish his studies at the Luitpold Gymnasium. His father intended for him to pursue electrical engineering, but Einstein clashed with authorities and resented the school's regimen and teaching method. He later wrote that the spirit of learning and creative thought were lost in strict rote learning. At the end of December 1894, he travelled to Italy to join his family in Pavia, convincing the school to let him go by using a doctor's note.[24] It was during his time in Italy that he wrote a short essay with the title "On the Investigation of the State of the Ether in a Magnetic Field.

In 1895, at the age of 16, Einstein sat the entrance examinations for the Swiss Federal Polytechnic in Zürich (later the Eidgenössische Technische Hochschule ETH). He failed to reach the required standard in the general part of the examination, but obtained exceptional grades in physics and mathematics. On the advice of the principal of the Polytechnic, he attended the Argovian cantonal school (gymnasium) in Aarau, Switzerland, in 1895–96 to complete his secondary schooling. While lodging with the family of Professor Jost Winteler, he fell in love with Winteler's daughter, Marie. (Albert's sister Maja later married Wintelers' son Paul.) In January 1896, with his father's approval, he renounced his citizenship in the German Kingdom of Württemberg to avoid military service. In September 1896, he passed the Swiss Matura with mostly good grades, including a top grade of 6 in physics and mathematical subjects, on a scale of 1–6. Though only 17, he enrolled in the four-year mathematics and physics teaching diploma program at the Zürich Polytechnic. Marie Winteler moved to Olsberg, Switzerland for a teaching post.

Einstein's future wife, Mileva Marić, also enrolled at the Polytechnic that same year. She was the only woman among the six students in the mathematics and physics section of the teaching diploma course. Over the next few years, Einstein and Marić's friendship developed into romance, and they read books together on extra-curricular physics in which Einstein was taking an increasing interest. In 1900, Einstein was awarded the Zürich Polytechnic teaching diploma, but Marić failed the examination with a poor grade in the mathematics component, theory of functions. There have been claims that Marić collaborated with Einstein on his celebrated 1905 papers, but historians of physics who have studied the issue find no evidence that she made any substantive contributions.

Marriages and children
Head and shoulders shot of a young, moustached man with dark, curly hair wearing a plaid suit and vest, striped shirt, and a dark tie.
Albert Einstein in 1904 (age 25)
The discovery and publication in 1987 of an early correspondence between Einstein and Marić revealed that they had had a daughter, called "Lieserl" in their letters, born in early 1902 in Novi Sad where Marić was staying with her parents. Marić returned to Switzerland without the child, whose real name and fate are unknown. Einstein probably never saw his daughter. The contents of his letter to Marić in September 1903 suggest that the girl was either adopted or died of scarlet fever in infancy.

Einstein, looking relaxed and holding a pipe, stands next to a smiling, well-dressed Elsa who is wearing a fancy hat and fur wrap. She is looking at him.
Einstein with his wife Elsa
Einstein and Marić married in January 1903. In May 1904, the couple's first son, Hans Albert Einstein, was born in Bern, Switzerland. Their second son, Eduard, was born in Zurich in July 1910. In 1914, the couple separated; Einstein moved to Berlin and his wife remained in Zurich with their sons. They divorced on 14 February 1919, having lived apart for five years. Eduard, whom his father called "Tete" (for petit), had a breakdown at about age 20 and was diagnosed with schizophrenia. His mother cared for him and he was also committed to asylums for several periods, including full-time after her death.

Einstein married Elsa Löwenthal on 2 June 1919, after having had a relationship with her since 1912. She was a first cousin maternally and a second cousin paternally. In 1933, they emigrated to the United States. In 1935, Elsa Einstein was diagnosed with heart and kidney problems; she died in December 1936.

Patent office
After graduating, Einstein spent almost two frustrating years searching for a teaching post. He acquired Swiss citizenship in February 1901,but was not conscripted for medical reasons. With the help of Marcel Grossmann's father Einstein secured a job in Bern at the Federal Office for Intellectual Property, the patent office, as an assistant examiner. He evaluated patent applications for a variety of devices including a gravel sorter and an electromechanical typewriter. In 1903, Einstein's position at the Swiss Patent Office became permanent, although he was passed over for promotion until he "fully mastered machine technology".

Much of his work at the patent office related to questions about transmission of electric signals and electrical-mechanical synchronization of time, two technical problems that show up conspicuously in the thought experiments that eventually led Einstein to his radical conclusions about the nature of light and the fundamental connection between space and time.

With a few friends he had met in Bern, Einstein started a small discussion group, self-mockingly named "The Olympia Academy", which met regularly to discuss science and philosophy. Their readings included the works of Henri Poincaré, Ernst Mach, and David Hume, which influenced his scientific and philosophical outlook.

Academic career
In 1900, his paper "Folgerungen aus den Capillaritätserscheinungen" ("Conclusions from the Capillarity Phenomena") was published in the prestigious Annalen der Physik. On 30 April 1905, Einstein completed his thesis, with Alfred Kleiner, Professor of Experimental Physics, serving as pro-forma advisor. As a result, Einstein was awarded a PhD by the University of Zürich, with his dissertation entitled, "A New Determination of Molecular Dimensions." That same year, which has been called Einstein's annus mirabilis (miracle year), he published four groundbreaking papers, on the photoelectric effect, Brownian motion, special relativity, and the equivalence of mass and energy, which were to bring him to the notice of the academic world.



Albert Einstein in 1893, age 14

By 1908, he was recognized as a leading scientist and was appointed lecturer at the University of Bern. The following year, after giving a lecture on electrodynamics and the relativity principle at the University of Zurich, Alfred Kleiner recommended him to the faculty for a newly created professorship in theoretical physics. Einstein was appointed associate professor in 1909.

Einstein became a full professor at Charles-Ferdinand University in Prague in April 1911, accepting Austrian citizenship in the Austro-Hungarian empire to do so. During his Prague stay Einstein wrote 11 scientific works, 5 of them on radiation mathematics and on quantum theory of the solids. In July 1912 he returned to his alma mater in Zurich. From 1912 until 1914 he was professor of theoretical physics at the ETH in Zurich, where he taught analytical mechanics and thermodynamics. He also studied continuum mechanics, the molecular theory of heat, and the problem of gravitation, on which he worked with mathematician and his friend Marcel Grossmann.

In 1914, he returned to the German Empire after being appointed director of the Kaiser Wilhelm Institute for Physics (1914–1932) and a professor at the Humboldt University of Berlin, but freed from most teaching obligations. He soon became a member of the Prussian Academy of Sciences, and in 1916 was appointed president of the German Physical Society (1916–1918).

Based on calculations Einstein made in 1911, about his new theory of general relativity, light from another star would be bent by the Sun's gravity. In 1919 that prediction was confirmed by Sir Arthur Eddington during the solar eclipse of 29 May 1919. Those observations were published in the international media, making Einstein world famous. On 7 November 1919, the leading British newspaper The Times printed a banner headline that read: "Revolution in Science – New Theory of the Universe – Newtonian Ideas Overthrown".

In 1921, Einstein was awarded the Nobel Prize in Physics for his explanation of the photoelectric effect, as relativity was considered still somewhat controversial. He also received the Copley Medal from the Royal Society in 1925.

Death
On 17 April 1955, Albert Einstein experienced internal bleeding caused by the rupture of an abdominal aortic aneurysm, which had previously been reinforced surgically by Rudolph Nissen in 1948. He took the draft of a speech he was preparing for a television appearance commemorating the State of Israel's seventh anniversary with him to the hospital, but he did not live long enough to complete it.

Einstein refused surgery, saying: "I want to go when I want. It is tasteless to prolong life artificially. I have done my share, it is time to go. I will do it elegantly." He died in Princeton Hospital early the next morning at the age of 76, having continued to work until near the end.

During the autopsy, the pathologist of Princeton Hospital, Thomas Stoltz Harvey, removed Einstein's brain for preservation without the permission of his family, in the hope that the neuroscience of the future would be able to discover what made Einstein so intelligent. Einstein's remains were cremated and his ashes were scattered at an undisclosed location.

In his lecture at Einstein's memorial, nuclear physicist Robert Oppenheimer summarized his impression of him as a person: "He was almost wholly without sophistication and wholly without worldliness ... There was always with him a wonderful purity at once childlike and profoundly stubborn.


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