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General => General Discussion => Topic started by: Daft Trini on October 16, 2012, 09:32:40 PM

Title: The Richest Man in History
Post by: Daft Trini on October 16, 2012, 09:32:40 PM
http://www.independent.co.uk/news/world/world-history/meet-mansa-musa-i-of-mali--the-richest-human-being-in-all-history-8213453.html

(http://www.independent.co.uk/incoming/article8213450.ece/ALTERNATES/w460/african-king-rich.jpg)

Meet Mansa Musa I of Mali – the richest human being in all history
A new study has produced an inflation-adjusted list of the richest people of all time.

When we think of the world’s all-time richest people, names like Bill Gates, Warren Buffet and John D Rockefeller immediately come to mind.

But few would have thought, or even heard of, Mansa Musa I of Mali – the obscure 14th century African king who was today named the richest person in all history.

With an inflation adjusted fortune of $400 billion, Mansa Musa I would have been considerably richer than the world’s current richest man, Carlos Slim, who ranks in 22nd place with a relatively paltry $68 billion.

The list, compiled by the Celebrity Net Worth website, ranks the world’s 24 richest people of all time. The list advertises itself as the top 25, but only 24 names appear in the list.

Although the list spans 1000 years, some aspects of wealth appear consistent throughout history; there are no women on the list, only three members are alive today, and 14 of the top 25 are American.

The list uses the annual 2199.6 per cent rate of inflation to adjust historic fortunes – a formula that means $100 million in 1913 would be equal to £2.299.63 billion today.

Mansa Musa I ruled West Africa’s Malian Empire in the early 1300s, making his fortune by exploiting his country’s salt and gold production. Many mosques he built as a young man still stand today.

After Mansa Musa I death in 1331, however, his heirs were unable to hang on to the fortune, and it was substantially depleted by civil wars and invading armies.

Second on the list are the Rothschild family, whose descendants are still among the richest people on the planet. Starting out in banking in the late 18th Century, Mayer Amschel Rothschild’s finance house accumulated a total wealth of $350 billion. The money has since been divided between hundreds of descendants, many of whom are business leaders today.

Meanwhile John D. Rockefeller, third on the list, is the richest American to have ever lived, worth $340billion in today's USD at the time of his death in 1937.

In comparison, the poorest man on the list is 82-year-old Warren Buffett, who at his peak net worth, before he started giving his fortune to charity, was $64billion.

Here’s the full list of the ‘24 richest people of all time’:

1. Mansa Musa I, (Ruler of Malian Empire, 1280-1331) $400 billion

2. Rothschild Family (banking dynasty, 1740- ) $350 billion

3. John D Rockefeller (industrialist, 1839-1937) $340 billion

4. Andrew Carnegie (industrialist, 1835-1919) $310 billion

5. Tsar Nicholas II of Russia (last Emperor of Russia, 1868-1918) $300 billion

6. Osman Ali Khan, Asaf Jah VII (last ruler of Hyderabad, 1886-1967) $236 billion

7. William the Conqueror (King of England, 1028-1087) $229.5 billion

8. Muammar Gaddafi (former Libyan leader, 1942-2011) $200 billion

9. Henry Ford (Ford Motor Company founder, 1863-1947) $199 billion

10. Cornelius Vanderbilt (industrialist, 1794-1877) $185 billion

11. Alan Rufus (Fighting companion of William the Conqueror, 1040-1093) $178.65

12. Bill Gates (Founder of Microsoft, 1955- ) $136 billion

13. William de Warenne, 1st Earl of Surrey (Norman nobleman, ??-1088) $146.13 billion

14. John Jacob Astor (businessman, 1864-1912) $121 billion

15. Richard Fitzalan, 10th Earl of Arundel (English nobleman, 1306-1376) £118.6 billion

16. John of Gaunt (son of Edward III, 1330-1399) £110 billion

17. Stephen Girard (shipping and banking mogul, 1750-1831) $105 billion

18. Alexander Turney Stewart (entrepreneur, 1803-1876) $90 billion

19. Henry, 1st Duke of Lancaster (English noble, 1310-1361) $85.1 billion

20. Friedrich Weyerhaeuser (timber mogul, 1834-1914) $80 billion

21. Jay Gould (railroad tycoon, 1836-1892) $71 billion

20. Carlos Slim (business magnate, 1940- ) $68 billion

21. Stephen Van Rensselaer (land owner, 1764- 1839) $68 billion

22. Marshall Field (Marshall Field & Company founder, 1834-1906) $66 billion

23. Sam Walton (Walmart founder, 1918-1992) $65billion

24. Warren Buffett (investor, 1930- ) $64billion

Title: Re: The Richest Man in History
Post by: Deeks on October 16, 2012, 10:39:35 PM
yeh right!
Title: Re: The Richest Man in History
Post by: Controversial on October 17, 2012, 08:48:55 AM
the kingdom of mali was very rich and traded with europe frequently, studied african history, they have merit in what they are saying, however, i find it strange that no chinese emperor or maharaja made the list... some notables have wealth in these numbers...
Title: Re: The Richest Man in History
Post by: Dutty on October 17, 2012, 09:05:58 AM
waayzz Ghaddafi reach real high on da list
Title: Re: The Richest Man in History
Post by: pardners on October 17, 2012, 11:05:17 AM
waayzz Ghaddafi reach real high on da list

Ent !  ;D
Title: Re: The Richest Man in History
Post by: Andre on October 17, 2012, 12:35:09 PM
no jay z and jack warner?

this list wrong.
Title: Re: The Richest Man in History
Post by: Pointman on October 17, 2012, 12:39:10 PM
I believe this is correct. It is said/ known that Musa's hajj and all the opulence displayed is what turned Europe's attention towards Africa(re. trading and eventual conquest). So I definitely can believe this article.
Title: Re: The Richest Man in History
Post by: asylumseeker on October 17, 2012, 12:50:03 PM
waayzz Ghaddafi reach real high on da list

Ent !  ;D

... and could have been higher but for the nature of his rule.
Title: Re: The Richest Man in History
Post by: Conquering Lion on October 17, 2012, 05:36:16 PM
waayzz Ghaddafi reach real high on da list

Ent !  ;D

... and could have been higher but for the nature of his rule.
waayzz Ghaddafi reach real high on da list

Ent !  ;D

You sho

... and could have been higher but for the nature of his rule.


You should read up on Ghadaffi. He did a lot of atrocities and crazy things like sponsoring terrorism, but I think some of the things he did like talking about African unity and forcing oil companies to increase profit sharing with Libya would also make him a marked man in the western world.

http://en.wikipedia.org/wiki/Ghaddafi (http://en.wikipedia.org/wiki/Ghaddafi)
Title: Re: The Richest Man in History
Post by: asylumseeker on October 23, 2012, 09:51:16 AM
Note he's essentially the first 20th. century figure mentioned on the list.
Title: Re: The Richest Man in History
Post by: Peong on October 23, 2012, 10:40:46 AM
Those fellas who built America made a killing boy.
Title: Re: The Richest Man in History
Post by: capodetutticapi on October 23, 2012, 10:43:05 AM
Those fellas who built America made a killing boy.
that is de 1%
Title: Re: The Richest Man in History
Post by: asylumseeker on October 23, 2012, 11:06:02 AM
Those fellas who built America made a killing boy.

Ent?

And de fellas who destroying it eh doing too badly either.
Title: Re: The Richest Man in History
Post by: Tallman on October 23, 2012, 11:07:32 AM
Those fellas who built America made a killing boy.

It does be easier when yuh could advantage ah labor force.
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