Carnegie Pension

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Andrew Carnegie, the steel baron of the late 19th century is recognized as the seminal figure in pension fund history, by pensions and investments[1].

At his death, he was known to have contributed $10,000,000 of his $30,000,000 estate to friends. Part of this was done through pensions[2].

Notable Recipients of the Carnegie Pension[edit]

References[edit]

  1. ^ "Steel baron Andrew Carnegie pioneered pension funding".
  2. ^ "Carnegie's Estate at Time of Death" (PDF).