Final answer:
True. Andrew Carnegie, the steel magnate, is indeed an example of a philanthropist. Later in life, Carnegie became a prominent philanthropist and donated a significant portion of his wealth to build libraries, schools, and institutions of higher education.
Step-by-step explanation:
True. Andrew Carnegie, the steel magnate, is indeed an example of a philanthropist. Later in life, Carnegie became a prominent philanthropist and donated a significant portion of his wealth to build libraries, schools, and institutions of higher education. His contributions aimed to improve access to education and knowledge for the general public.