African King Was Richest Man Ever

Mansa MusaIf you’ve never heard of Mansa Musa I of Mali, you should at least know that he was the world’s richest man – ever! The top ten richest people in all of history are as follows:

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

John Hall reports for the Independent:

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 26 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…

[continues at the Independent]

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  • Tchoutoye

    Mansa Musa was not only very rich, he was also very generous. 14th century Egyptian historians wrote that that on his hajj to Mecca with his entourage Mansa Musa gave so much tips (in gold) while passing through Egypt that the price of gold dropped and the Egyptian economy was disrupted for another 10 years.

  • Tchoutoye

    Mansa Musa was not only very rich, he was also very generous. 14th century Egyptian historians wrote that that on his hajj to Mecca with his entourage Mansa Musa gave so much tips (in gold) while passing through Egypt that the price of gold dropped and the Egyptian economy was disrupted for another 10 years.

    • I_abide

      Or he was an epic level troll.  ”Hey Egypt I heard you use the gold standard… not anymore”.

    • I_abide

      Or he was an epic level troll.  ”Hey Egypt I heard you use the gold standard… not anymore”.

  • follow_the_piper

    Everybody who plays Civ 5 knows the guy.

  • follow_the_piper

    Everybody who plays Civ 5 knows the guy.

  • follow_the_piper

    Everybody who plays Civ 5 knows the guy.

  • binga

    actually king solomon was richer – not on your list

    • Lux

      Last 1000 years.