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Rise and fall of Charles Schwab

January 24, 2026 |

Steel Titan: The Life of Charles M. Schwab

How did Schwab progress from day laborer to titan of industry? Why did Andrew Carnegie and J.P. Morgan select him to manage their multimillion-dollar enterprises? And how did he forfeit their confidence and lose the presidency of U.S. Steel? Drawing upon previously undiscovered sources, Robert Hessen answers these questions in the first biography of Schwab.

4.4 out of 5 stars

Charles Schwab made made ingenious contributions to Carnegie Steel and shortly after at the age of 35 became pres of US Steel. he was subject to such criticism during his tenure and eventually bought Bethlehem Steel.

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