“The almighty dollar bequeathed to a child is an almighty curse. No man has the right to handicap his son with such a burden as great wealth” — Andrew Carnegie
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Andrew Carnegie is saying that leaving “great wealth” or a large inheritance to one’s child can be harmful rather than helpful. He believes it puts an unfair “burden” or “handicap” on the child by giving them too much money without having to work for it themselves.
The “almighty dollar” refers to money, and he calls receiving a large inheritance through no effort of one’s own an “almighty curse.” Overall, Carnegie felt that inheriting great wealth could spoil a child and prevent them from achieving fulfillment through their own accomplishments.