Andrew Carnegie: Dollar Bequeath
on Thursday, October 12, 2023Meaning of Andrew Carnegie Money Quote: saying he believed that a child was burdened and crippled by wealth given. Andrew Carnegie said:
“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.
Carnegie seems to think that children are better off learning the value of hard work and earning their own success, rather than having everything given to them through an inheritance.
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.
Birthday: November 25, 1835 – Death: August 11, 1919