PrivacyFortuneabout 2 hours ago
Carnegie's wealth warning echoes today
5 min read
Andrew Carnegie's 1889 Gospel of Wealth demanded billionaires give away nearly all their fortune while alive. The top 0.1% of Americans now hold over 14% of national wealth, a record high. Carnegie gave away 90% of his fortune, funding 2,509 libraries. The Giving Pledge asks only for half, allowing death bequests.
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