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Schwab, the son of a woolen worker and blanket manufacturer, received a modest education in Loretta, Pa. After working briefly as a grocery clerk, he took a job as a laborer in the Andrew Carnegie-owned Edgar Thomson Steel Works at Braddock, Pa. It was there that his extraordinary ability to ingratiate himself and to facilitate harmonious working relationships led to his swift rise to the top of the Carnegie empire.

By the age of 19 he was assistant manager of the plant; and, after the plant superintendent was killed in an accident in 1887, Schwab took over management of the Thomson Works. Then in 1892 Andrew Carnegie appointed Schwab to heal the wounds between labour and management and to get the Homestead plant back into normal production after the bloody strike there. So greatly did Schwab improve labour and community relations at Homestead while simultaneously increasing production efficiency through technological advances that in 1897—at the age of 35—Charles M. Schwab became president of the Carnegie Steel Company at an annual compensation in excess of $1,000,000.

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Amasa Leland Stanford was born in March 9, 1824 in Watervilet (town) New York. He was an American tycoon, industrialist, politician, and the founder of Stanford University. Migrating to California from New York at the time of the Gold Rush, he became a successful merchant and wholesaler, and continued to build his business empire. He died at 69 from Congestive heart failure in June 21, 1893 in Palo Alto city, California. He was a great very smart guy

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Andrew Carnegie was born on November 25, 1835, in Unfeminine, Scotland. After moving to the United States, he worked a series of railroad jobs. By 1889 he owned Carnegie Steel Corporation, the largest of its kind in the world. In 1901 he sold his business and dedicated his time to expanding his philanthropic work, including the establishment of Carnegie-Mellon University in 1904. Andrew Carnegie was a self-made steel tycoon and one of the wealthiest businessmen of 19th century. He later dedicated his life to philanthropic endeavors.

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Mark Hopkins was born in September 1, 1813 in Henderson, New York. After his birth his family settled in North Carolina. He was one of four principal investors who had agreed to fund Theodore D. Judah's idea of building a railway over the Sierra Nevada from Sacramento, CA to Promontory, Utah. They formed the Central Pacific Railroad along with Leland Stanford, Charles Crocker, and Collis Huntington in 1861. At the age of 64, Mark passed away on March 29, 1878 in Yuma Arizona

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Jason "Jay" Gould was born in May 27, 1836 in Roxbury, New York. He was a leading American railroad developer and speculator. He has been portrayed as one of the ruthless robber barons of the Gilded Age, whose success at business made him one of the richest men of his era. He was hated and reviled, with few defenders then and now. He was worth 71 million dollars. He died in Dec 2, 1892 from Tuberculosis in New York City, New York.