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Mansa Musa

Mansa Musa was the 10th Manselige of Mali and the first African King to be internationally recognized, remembered as the wealthiest man in history. He established Mali as the center of economic activity in the region by encouraging trade with the likes of Ibn Battuta, and using gold as a source of international business currency. He was incredibly philanthropic, spending his vast riches to build schools, mosques and providing resources to those in need. His rule was characterized by peace and prosperity, making him a pillar of the medieval West African kingdom. As the ruler of an important Empire, Musa's actions had vast and lasting ramifications in the region, setting the standard for rulers in Africa for centuries to come.

Forbes magazine regularly publishes lists of the richest people of our time. However, they are not absolute record holders for savings..

In this article, the richest people in the world in history, recalculating their status for today’s course.

1. Mansa Musa

the richest man in the world in the history of Mansa Musa

The ruler of the empire of Mali in the Middle Ages managed to save more than $ 400 billion for his life. Musa was born in 1280, and already in 1312 became king. He made his fortune through the resale of cattle, hides and salt. In addition, he created one of the largest gold mining enterprises in history..

The king loved luxury, so his throne was upholstered in ivory, and the webs were silk umbrellas. In 1324, Mansa Musa went on a pilgrimage to Mecca. The ruler was accompanied by 60 thousand servants, several hundred slaves and dozens of camel caravans loaded with jewelry.

Legends say that his generosity to the poor on the way triggered a financial crisis in Europe: Musa distributed 12.5 tons of gold, collapsing the precious metals market.
Mansa returned to his homeland a year later, and was no longer the richest man: he went into debt and was deceived by the Egyptians. But acquaintances with European scientists and artists helped him strengthen the influence of Mali and make the country a center of culture.

Musa died in 1337, almost immediately his descendants squandered the royal inheritance. Mansa’s son abandoned Islam and ushered in a new era in the country’s development associated with a return to paganism.

2. John Davison Rockefeller

John Davison Rockefeller

“Father of the oil world,” Rockefeller Sr. became the first dollar billionaire in history. He was born in 1839, worked and saved from the age of 7 (he put money in the piggy bank that he received for work in the neighboring garden). At 13, he lent it to farmers at interest, and at 20 he opened a trading company, borrowing money from his father (also with interest).

In 1863, John made the first oil distillation plant; the remaining enterprises were launched together with his brother William. By 1880, the Rockefeller company controlled 90% of US oil production. Entrepreneur donated a lot to charity, supported medical research and Baptist churches.

Rockefeller died in 1937. He left behind 16 railway companies, 6 steel mills, 9 real estate trading companies and several other shipping companies, orange farms and banks. The capital of John Davison was $ 320-400 billion.

3. Andrew Carnegie

Andrew Carnegie

Steel tycoon and big industrial businessman of the 20th century. Born into a poor family in Scotland in 1835. He got his first job in the USA. He became a “bobbin keeper” at a $ 10 per month weaving factory. In 1853 he got a job in a railway company and quickly grew to the manager.

Carnegie invested a lot. At the age of 20, he left his mother’s house on bail and bought shares of railway enterprises for $ 500. In 1889, he opened a steel business and became a dollar billionaire. He also founded the Carnegie Mellon University. Andrew’s fortune at the time of his death in 1919 was equal to $ 310-370 billion.

4. Nicholas II

Nicholas II

Nikolai Alexandrovich was born in 1868 and grew up in a religious family. Inheriting the throne at 26, married. He had 4 daughters and a son, with whom he was arrested during the 1917 revolution. A year later, Nicholas II and his whole family were shot in Yekaterinburg. There are versions that some of the imperial money still lies in secret accounts in Germany and France.

According to various estimates, the last ruler of the Russian Empire had $ 255-300 billion. Nikolai II inherited the entire fortune (including silver, gold and the tsar’s flotilla) from another representative of the Romanov clan and his father, Alexander III. Half went to charity (especially during the First World War), maintaining hospitals, palaces and helping relatives.

5. William Henry Vanderbilt

William Vanderbilt is not inferior in status to his father – Cornelius, although he had 13 children. The businessman was born in 1821 and brought up in harsh conditions. His father sent William to the farm due to incompetence in the conduct of family affairs. But the economy went uphill, the leadership qualities of Vanderbilt Jr. were noticed.

In the 1840s Reorganized the Long Island Railroad. In 1877, the railway company completely passed to his son after the death of Cornelius. William Henry himself passed away in 1885. However, in a short time he managed to double his family inheritance: his fortune is estimated at $ 240 billion..

6. Osman Ali Khan, Asaf Jah VII

Osman Ali Khan, Asaf Jah VII

Osman Ali Khan – ruler of the Principality of Hyderabad and Berar (territory of India) in the first half of the 20th century. Over the 37 years of his reign, he built a reservoir in the country, launched electricity, air and rail links.

Osman made a fortune by trading diamonds as a global monopolist in the market. In the 40s. he was the richest man on the planet. He had a large collection of Rolls-Royce, and during the Second World War he presented the Navy of Great Britain and Australia with several destroyers. He died in 1967. He has 7 wives, 40 concubines and a fortune of $ 230 billion.

7. Henry Ford

Henry Ford

The capital of this American industrialist of the XIX century is estimated at $ 185-199 billion. Ford was born in 1863 in a family of migrant farmers. At 16, he ran away from home and became an assistant driver in Detroit, serving steam engines.

In 1891, he got a job as an engineer at Edison Electric Company. At the same time, he completed the development of his horseless carriage, which he nicknamed the “Ford ATV”, and even earlier – assembled a car.

In 1903 he founded a car manufacturing company. At first, these were Ford A models, and since 1908, Ford T models, which brought Henry worldwide fame. This is the third attempt to create your own business: the first companies in which Ford was a co-owner either went bankrupt, or left partners after the conflicts. Entrepreneurs did not stop failures.

Ford made the industrial revolution. He developed an automobile conveyor, and paid workers unimaginable for those times money – $ 5 a day. Henry died in 1947 from a cerebral hemorrhage, but his car brand still works successfully..

8. Andrew William Mellon

Andrew William Mellon

The state of the American banker at the time of his death was $ 188 billion. Mellon lived for a long time. Managed to be a businessman, industrialist, US Treasury Secretary and US Ambassador to England.

He was born in 1855 in Pittsburgh and has been working for a family banking company since 20 years. In 1882, he inherited the business. Mellon began financing corporations in the field of oil refining, metal production and shipbuilding.

In the 1920s Andrew Mellon was considered the richest man in America. He managed to live to 82 years.

9. Mark Licinius Crassus

Mark Licinius Crassus

The commander in ancient Rome, who lived in the period from 115 to 153 years. BC .. He had about $ 170 billion. Hardworking, conceited, avaricious – despite his complex nature, Crassus turned Rome from a modest Republic into an Empire. This general crushed Spartak’s rebellion..

He was born in a wealthy family, so he did not feel any needs since childhood. He made a fortune at the expense of a specific business: he bought at a low price the houses of people who suffered from military fires or fell into pro-scripts (lists that outlaw citizens), and then resold them.

He was engaged in sales transactions of slaves who worked in the silver mines of his family. There are suggestions that Mark Licinius himself set fire at home, and specially trained his slaves in fire skills. Crassus’s greed and cruelty played a cruel joke with him: the commander was executed and poured molten gold into his mouth.

10. Cornelius Vanderbilt

Cornelius Vanderbilt

This 19th-century American businessman had more than $ 165 billion. Cornelius was born in 1794 into a modest farming family, but at 11 he found his first job leaving school for this. Working on a ferry, Vanderbilt borrowed $ 100 from his mother and at the age of 16 he founded an independent business to transport people on barges. A year later he earned $ 1000, which he proudly returned to his family..

By the age of 18, Cornelius had signed a contract with the US government for the shipping of goods during the war between England and the United States. When the war ended, Vanderbilt maintained a fleet and switched to organizing the railway business. In 1846 he became a millionaire. Vanderbilt died for natural reasons in 1877, when he was 83 years old.

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Comments: 2
  1. Everly

    Who was Mansa Musa and why is he significant in history?

    Reply
  2. Mia Davis

    Who was Mansa Musa and what impact did he have on Africa’s history?

    Reply
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