Is the following quote in line with how Andrew Carnegie ran his businesses and lived his life? Explain giving examples.

"This, then, is held to be the duty of the man of wealth: First, to set an example of modest, unostentatious living, shunning display or extravagance; … and, after doing so, to consider all surplus revenues which come to him simply as trust funds, which he is called upon to administer… to produce the most beneficial results for the community—the man of wealth thus becoming the mere trustee and agent for his poorer brethren, bringing to their service his superior wisdom, experience and ability to administer, doing for them better than they would or could do for themselves."

—From "Wealth," by Andrew Carnegie, North American Review (1889)

ASSIGNED TO: Journalism, Current Events, Mr. Roy's U.S. History I, Youth and the Law, Mr. Roy's U.S. History II