In his book The Gospel of Wealth, Carnegie wrote something like, "If you die rich, you die disgraced." And he proved it. A wonderful man, I should admit. He gave away his wealth for donation. Donated about 7000 organs to churches, millions of dollars (before inflation) to universities, funded libraries. One word: unbelievable. Some say, he did that as a redemption of what he did previously. (It's fair to say, he's responsible for the massacre in Homestead and the disastrous flood in Johnstown that killed thousands of people. Though not directly--Henry Frick was in charge--still it was under Carnegie's permission). Nevertheless, Andrew Carnegie was pioneer in philanthropy. He made other richest such as Rockefeller to do the same. The impact was huge. Arguably, it changed the course of universities.