How did andrew carnegie spend his great fortune after he sold his business? carnegie lived a life of extreme luxury. carnegie gave away his money to less fortunate people. carnegie used most of his fortune to invest in new businesses. carnegie donated his money to build institutions that would better society.

Carnegie donated his money to build institutions that would better society.

I believe the answer is: Carnegie donated his money to build institutions that would better society.

When he decided to retire, Carnegie decided to sold his company for $480 million to J.P Morgan. And overall, Carnegie give around $350 million to charity (which is around 72% of his total wealth). Example of causes that Carnegie supports are increasing pensions fund for teachers, creating Carnegie Foundation for scientific research, building schools and libraries, etc.

primary groups shape your individual development

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