Top 10 Richest Men in History – Wealthiest People Who Ever Lived in the World
The article presents the top 10 richest men in history. People have several ways to build a fortune of which others can only envy. Some consider excellent health as being wealthy, but others might include having a family. It is different for everyone, but at the end of the day, having an enormous amounts of money, real estate and power is what defines the definition of a rich person. Many articles concentrate on today’s wealthiest people in every category. But have you ever wondered, who are the richest humans in history? Those on the top of this list may surprise your expectations since there are a few, which people aren’t familiar with. It isn’t easy to calculate the gold the nations had in many years ago, but it is the only way to find out of their worth. Stop guessing because you cannot predict the richest man in history. Let us have a look at them in this yet another awesome article from Techscio.com!
#1) Mansa Musa I – the Richest Man in History
Net Worth: $400 billion
Today, there aren’t many people who have heard of Musa I. This guy was an emperor in the 14th century in Africa and he basically ruled the world with his fortune. His wealth can not be compared to the financial legends such as Carlos Slim, Bill Gates or any other rich celebrity you are aware today. Mansa was living in West Africa and his power was impeccable because of the land he owned. West Africa offered natural resources unlike any other place at the time, so Musa was able to take advantage of it. The death of Mansa Musa has provided numerous negative changes to his accomplishments because he lost everything in a very short period of time. Many invaders and fights happened during that time and most of the opponents were able to defeat the empire. The Great Mosque in Timbuktu was built from his slaves, which still stands today and many people weren’t aware of it. There are other creations he left in the world after his death that people should know about. Besides the fortune, Mansa left few more values in the world such as the economic expansion in the Middle Ages, and the Sudano-Sahelian architecture is has progressed just because of this emperor. Emperor Musa I is the richest man who ever lived!
#2) Mayer Amschel Rothschild
Net Worth: $250 billion
You can easily grasp the thing than an emperor can have such a gigantic fortune in the past. But people like Rothschild have proved that it is possible to become the richest ever in the annals of history in spite of not being any emperor or political leader. This historical richest person had a wealth of which many small kings and emperors had dreamt. The calculations are showing that the Rothschild family was worth $350 billion, which is a lot of money at the time. This was at a time when the greatest of the great Napoleon was creating battle strategies. Rothschild’s fortune did not fall from the sky, but they invested a lot of time and effort to provide the necessary changes in the society and the world in general. For example, numerous ideas regarding the modern banking were their ideas, which you can notice even today. The ideas such as diversification and rapid communication were an enormous breakthrough in that era, and people shouldn’t have doubts in their superiority. They were making sacrifices too, because they were willing to decrease his own profits in order for some ideas to succeed. Even if the whole family has invested in the changes we are able to see today, Mayer Amschel is the man who started everything in the 1760s and many bankers believes that today’s society wouldn’t be the same without Mayer’s work.
#3) John D Rockefeller
Net Worth: $340 billion
You might work hard, but John was working harder. In order to achieve your goals, many opportunities must be seized and you never have to give up your revolutionary ideas. John is one of the richest men in human history and he wasn’t waiting for his fortune, but earned it through successful endeavors. Being a New Yorker was definitely a challenge in that era, but John was able to find everything he needed in order to find the path through success. The Rockefeller family wasn’t rich and John started working at the age of 16 by taking his chance with smaller businesses which promise a financial income. The oil company wasn’t an option for him at the start because he wasn’t aware of its success. But, John decided to open up his first refinery in Cleveland, which led to creating the Standard Oil Company, featured with numerous refineries. Besides leading the wealthiest business, a hard working man such as John was always able to contribute to the people in other ways. He was a very charitable man and philanthropist after he achieved his goals in the oil industry. IF you have ever heard of Exxon Mobil then you can easily figure out this man. One of the richest companies in the world is actually the successor of the company Standard OIL which Rockefeller had founded. And he is the richest man ever in America.
#4) Andrew Carnegie
Net Worth: $310 billion
Andrew is another proof that you should start working earlier in order to achieve higher goals. Working in a cotton factory was a magnificent start for Carnegie because it helped him become a dominant force in the steel industry. You can imagine the significance of the steel in the 18th century and how important were quality products, so Andrew was able to provide it and made a fortune in his early 30s. But, he also invested in iron and oil companies, which are the highest paid businesses even today. Even if he was achieving his goals with the company, he sold it to the banker John Pierpont Morgan for $480 million in the very early 1900s. But, Carnegie isn’t only a hard working man. His fortune was able to help numerous people since he was a philanthropist and even started a foundation in 1911. Carnegie put forth the idea of philanthropic capitalism, which is now several decades later being followed by tycoons like Bill Gates, Warren buffet, Larry Ellison, richest people in America and all over the world.
#5) Nicholas II of Russia – One of the Richest Men in the World Ever
Net Worth: $300 billion
The Russian Empire wasn’t built by Nicholas, but his father – Alexander III. Alexander was very proud of his firstborn child and he taught him many lessons about aristocracy, religion. He knew his son would take his empire one day and it will be the best if he was prepared as much early as possible. The “father & son” days were over when his father died from kidney disease and Nicholas had to take over the empire. It wasn’t easy for him since he wasn’t prepared, but at the end he did a great job as a tsar. Maybe his Russian Empire was his fortune, but his decisions made him what he is today. The war with Japan and the possibilities to be left out from the colonial possessions are probably some of the most memorable events because he was the last tsar of Russia and “Bloody Sunday” in January 1905 showcased how important is to demand radical reforms. It wasn’t easy for him from an aristocratic state of mind to create a parliament, but it was the only way of stopping the riots. Everything ended in 1918 when Nicholas and his family were executed after their exile. Many people think Vladimir Lenin made the arrangement for this event during the Russian Civil War. After this, Lenin through the initial hiccups took over the Russian Empire and transformed into the Soviet union.
#6) Mir Osman Ali Khan
Net Worth: $236 billion
There is a reason why this man was recognized as the wealthiest man in 1937 by the TIME Magazine. Being the last Nizam of Hyderabad, he had a fortune which is estimated to be around $236 billion (adjusted with inflation). In those days it was $2 billion. Many years later, people understood that there are far richer people than Mir, but he was still the richest in South Asia and present day India. He was the man to ask for diamonds in the 19th Century. Not everything was so bright for Ali Khan. After the proposal for independence, which was rejected by the British government, the Indian government decided to annex the Hyderabadi Empire, which costed the lives of 40,000 civilians in an operation named ‘Operation Polo’. It was a massacre during the invasion and a catastrophic event in the history of Hyderabad. The Nizams were defeated and Hyderabad was annexed so as to make it a part of the Union of India. Mir Osman Ali Khan is the richest man to ever live in India.
#7) William I, The Conqueror
Net Worth: $229.5 billion
What is it like to be the duke of Normandy at the age of 8? William knows the answer to this question, and the explanations of numerous interesting events that you may find illogical. He also never spoke English, but in 1066 became the King of England with the help of King Henry I of France. His enemies in the battle called him “The Bastard” due to his illegitimate birth, but he always achieved his goals, by conquering provinces such as Maine and Brittany. He is especially known for the Domesday Book, which was as a result of the survey of the kingdoms. It is a document that is very well appreciated in Britain. This great Monarch lost his life due to an infection contracted during a battle. It is interesting to know that, today more than 25 percent of the English population are direct or indirect descendants of William. So far, by all the accounts, William the Conqueror is one of the wealthiest men to ever live.
#8) Muammar al-Qaddafi
Net Worth: $200 billion
The citizens of Libya will always remember the dictatorship of Muammar and regret their decision to let him take control over their country at the age of 27 in 1969. King Idris wasn’t able to overcome the power of Qaddafi at that time and had to let him take over, which wasn’t a good thing after all. His actions were strict and specific. There were no hesitations because he was a dictator. He started with shutting down the American and British bases in their country and demanded the oil companies to give him a bigger share of their financial income and helped many revolutionary quests of Sierra Leone, Liberia, Morocco and many other countries. The killings in 1972 Munich Olympic were called Black September and he was responsible for their deaths. He ruled Libya and called the average people – Rats, but a few moments before his death, Qaddafi was found in two drainage pipes because he was trying to escape from the people that were trying to kill him. After his execution, Libya entered into a state of turmoil which continue still today with various militias fighting to take over the wealth created by the export of oil. Libya has one of the significant oil reserves in Asia and is the largest exporter of oil in Africa.
#9) Henry Ford
Net Worth: $199 billion
You may have heard of revolutions plenty of times while reading any history book. But if you want to know about the revolution in automobiles, then Ford is the man. He brought out drastic changes in automobile history by making cars which could be afforded by a middle-class man. The average person couldn’t afford the vehicles which would be much expensive in those times. Henry found a solution to this. He developed a new technique that helped the mass production of the automobile. He built the first gasoline-powered horseless carriage in the Edison company in Detroit. He also introduced the first Model T in his own company.In 1913, the world had the pleasure to see the first moving assembly vehicle that changed many lives. Five years later, half of the cars people drove in America were created by Henry and he was able to upgrade his work with a new Model A. This model was characterized with more horsepower and people loved it even more!
#10) Cornelius Vanderbilt – One of the Richest people in History
Net Worth: $185 billion
Henry introduced the Model T, which changed the vehicle industry. But, Cornelius made significant changes that were astonishing to the world because of his brilliant mind to excel in the transportation business and find numerous ways how to make it better. He had his beginnings with a few steamboats in 1829, which people believe they were safe for travelling and they could travel easily from New York to England. In this world, you are fortunate enough if you provide at least one product that could change the world entirely. Vanderbilt was more than that because he provided a better railroad system in the 1860s, so the people were able to transport with much more efficiency. The Manhattan’s Grand Central Depot was under his wing until it was torn down to be opened Grand Central Terminal.