According to Carnegie give their money away to good causes while still alive. Give their money away to bad causes while still alive.
There are however 3 modes in which surplus wealth can be disposed of. it is able to be left to the households of the decedents, or it can be bequeathed for public functions; or, subsequently, it may be administered at some point in their lives by means of its possessors.
A rich man or woman's ethical responsibility, in Carnegie's view, is, therefore, to live modestly, provide fairly for his dependants, and administer all surplus wealth inside a manner that produces the maximum useful outcomes for the network.
He believed in the "Gospel of Wealth," which supposed that wealthy human beings had been morally obligated to present their money lower back to others in society. Carnegie had made a few charitable donations earlier than 1901, however after that time, giving his money away have become his new profession.
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