African emperor
And how much was his net worth back then? Think about the wealth Elon Musk owns now, then add a couple hundred billion, and you will get close to Mansa Musa's fortune in the 14th century. Economists estimate that the West African emperor possessed riches equal to almost 400 billion US dollars.
Musa also reportedly ordered a new mosque built for him to pray at every Friday. In addition, he made formal charitable donations of 20,000 ounces of gold – 1,250 pounds – each at Cairo, Mecca, and Medina.
He has been subject to popular claims that he is the wealthiest person in history, but the extent of his actual wealth is not known with any certainty. His riches came from the mining of significant gold and salt deposits in the Mali Empire, along with the slave and ivory trade.
In 2012, US website Celebrity Net Worth estimated his wealth at $400bn, but economic historians agree that his wealth is impossible to pin down to a number.
1. Genghis Khan. Genghis Khan one of the most fearsome conquerors of all time, and by the end of his life the Mongol Empire occupied a vast empire from Central Asia to China. Much of the wealth came from plunders, taxes and control of caravan routes along the Silk Road and provide the Mongols with valuable revenue.
Billionaire, businessman and the chairman and chief executive of LVMH (LVMUY), Bernard Arnault holds the crown as the richest person in the world. According to Forbes, Arnault has a fortune of $234.5 billion.
Mansa Musa could easily be considered a great leader. He managed an efficient government through a bureaucratic system that provided each village greatly, while establishing provinces and provincial governors to handle local affairs.
The richest person ever is thought to have been an emperor with an accumulation of wealth often described as “unimaginable” or “incalculable.” The title goes to 14th-century African emperor Mansa Musa, and his wealth has been estimated to be the modern day equivalent of $400 billion.
He also built schools, libraries and mosques and helped Timbuktu become an epicentre for culture and education, per the BBC. Musa died in 1337 at age 57 and was succeeded by his sons, but eventually the empire fell apart.
HOUSE OF SAUD
This is the wealthiest family in history.
In this interview, he is talking about his pilgrimage to Mecca in 1324, a journey that took nearly two years. You could act out the parts of Mansa Musa and the scholar who is interviewing him, and then write a news article based on Mansa Musa's pilgrimage.
Mansa Musa made a stop in Egypt on his way to Makkah. While there, he initially refused to meet the Mamluk sultan of Egypt because the tradition was to bow to the sultan. Musa insisted he only bows down to Allah.
Musa may have brought as much as 18 tons of gold on his hajj. Because of his nature of giving, Musa's massive spending and generous donations created a massive ten-year gold recession. In the cities of Cairo, Medina, and Mecca, the sudden influx of gold devalued the metal significantly.
There are numerous reason for failing in life which cannot be explained. In Old Testament Bible mentions about the richest and wisest man who ever lived. He was King Solomon, By following his strategy we can become more prudent and wealthy.
The American business magazine Forbes produces a global list of known U.S. dollar billionaires every year and updates an Internet version of this list in real-time. The American oil magnate John D. Rockefeller became the world's first confirmed U.S. dollar billionaire in 1916.
A trillionaire is an individual with a net worth equal to at least one trillion in U.S. dollars or a similarly valued currency, such as the euro or the British pound. Currently, no one has yet claimed trillionaire status, although some of the world's richest individuals may only be a few years away from this milestone.
King Solomon Net Worth = $2.1 Trillion.
When Musa gave away his gold, he probably did it with good intentions. He was sharing his wealth with those around him. However, some scholars argue that he intentionally distributed the gold to disrupt other kingdom's economies, especially Egypt's. At the time, Egypt was the leading gold market.
2021. As of 2021, Nigerian billionaire Aliko Dangote is the richest person in Africa, and the African countries with the most billionaires are Egypt (5), South Africa (5), Nigeria (3), and Morocco (2).
These men are the richest men in today's world, but Musa was Black and rich—the richest ever. Emperor Mana Musa, born Musa Keita I in 1312 died in 1337. He reigned over the ancient African kingdom of Mali for 25 years. The Mansa in his name means “king of kings.” His wife's name was Inari Kunata.
Who is the richest man in the world? As of June 1, 2023, the richest man in the world is Bernard Arnault, the CEO and chairman of LVMH of France; he's worth $215 billion. He moved into the number one spot after Elon Musk's fortune fell in late 2022 as shares of electric carmaker Tesla fell.
In broader terms, the finance and investment profession has the most millionaires. It also has the most billionaires, with 371. Here's a list of the seven best careers if you want to be a millionaire.