Both Andrew Carnegie and John
D. Rockefeller amassed huge fortunes because they managed their companies under entirely democratic principles.

Andrew Carnegie

A Scottish-American industrialist and philanthropist who led the expansion of the American steel industry in the late 19th century and is often identified as one of the richest people in history.

Democratic Principles

Fundamental beliefs that support democracy, including political equality, majority rule, minority rights, and freedom of expression.

John D. Rockefeller

An American industrialist and philanthropist, best known for his role in the development and expansion of the American petroleum industry.