New Delhi, April 10 -- Andrew Carnegie was born in Dunfermline, Scotland, in 1835 and moved with his family to Pennsylvania in 1848 after economic hardship disrupted the weaving trade. He started working at just 12 as a bobbin boy, later becoming a telegraph messenger and then a railroad superintendent.

Largely self-educated through reading and night study, Carnegie went on to build Carnegie Steel into one of the most powerful enterprises of the industrial age. In later life, he redirected much of his wealth toward philanthropy, funding libraries, education, and public institutions.

"The way to become rich is to put all your eggs in one basket and then watch that basket."

This line is widely quoted, though often paraphrased. Variations...