A native of Nunfermline, Scotland, Andrew Carnegie emigrated to the United States alongside his parents in 1848. A successful business man who got his start as a telegrapher and bond salesman, he built the Pittsburgh company of Carnegie Steel Company, which he would later sell to J. P. Morgan in 1901 for $480 million, the equivalent of approximately $13.2 billion in 2012, which would lay the foundations for US Steel Corporation. Carnegie was also an early investor in steam, helping to publicize the use of steam in the United States. Carnegie's company, Carnegie Steam Corporations, was founded in 1884 and utilized locally smelted steel to create cheap steam-powered devices for the government and the public alike. Carnegie would dedicate the remainder of his life toward large-scale philanthr