George Lauder (Scottish industrialist)
(1837-1924)
Industrialist
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George Lauder (November 11, 1837 – August 24, 1924) was a Scottish industrialist. A mechanical engineer by trade, he was the "cousin-brother" and business partner of steel magnate Andrew Carnegie in the Carnegie Steel Company. The two were among the richest people in the world during their lifetimes with Lauders fortune valued at roughly $19 billion (in 2018 dollars). The sale of Carnegie Steel to J.P. Morgan in 1901 created U.S. Steel where Lauder sat on the board of directors. This became the first corporation in the world with a market capitalization exceeding $1 billion ($43 billion today).
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| Born |
11 November 1837 Dunfermline, Scotland, UK
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| Died |
24 August 1924 (aged 86) Greenwich, Connecticut, United States
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| Zodiac | Scorpio |
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