In 1901, a new type of company emerged in the United States – the billion-dollar corporation. The first to achieve this unprecedented feat was United States Steel, created by the infamous industrialist, Andrew Carnegie. At the turn of the 20th century, steel was king, and Carnegie was at the forefront of this booming industry. With a combination of shrewd business tactics and innovative technological advances, Carnegie turned his steel empire into a billion-dollar enterprise, setting the standard for what was possible in the world of American business.
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