Mention the world’s richest persons and names like Rothschild, Rockefeller, Warren Buffett, and Bill Gates (to name a few) automatically spring to mind. But they are not the richest people of all time. History’s richest human was a 14th century Muslim ruler of Mali: Mansa Musa I. Looks like the uncovering of another part of the hidden history of the Muslims!
Meet the 14th Century African king who was richest man in the world of all time (adjusted for inflation!)
By Olivia Fleming, Daily Mail, 16 October 2012.
By Olivia Fleming, Daily Mail, 16 October 2012.
An obscure king who ruled West Africa in the 14th century has been named the richest person in history in a new inflation-adjusted list of the world's 25 wealthiest people of all time [actually 26 persons as two of them are tied at $68 billion worth of fortune].
Spanning 1,000 years and with a combined fortune of $4.317 trillion, only three of the list's 25 are alive today; none of them are women and 14 of them are American.
Using the annual 2199.6 percent rate of inflation, where $100 million in 1913 is equal to $2.299.63 billion in 2012, Celebrity Net Worth's list includes familiar names like Bill Gates and Warren Buffett; but sitting at number one is Mansa Musa I of Mali.
Centuries apart: Mansa Musa I (left) was a 14th century African King, and the richest person to ever live worth
$400 billion; Bill Gates (right) ranks 12th with a inflation adjusted $136 billion fortune at his peak in 1999.
The West Africa king, the richest person in history, and the ruler of the Malian Empire which covered modern day Ghana, Timbuktu and Mali in West Africa, had a personal net worth of $400 billion at the time of his death in 1331.
The list also includes the man who gave America Wal-Mart, another who developed mail-order shopping around 1870, as well as a few nobles who helped with the Norman conquest of England in the Battle of Hastings nearly one thousand years ago.
The Rothschild family, second on the list, are the richest people on earth today with assets that total at least $350 billion - their wealth divided amongst mining, banks, private asset management, mixed farming, wine, and charities.
Meanwhile John D. Rockefeller, third on the list, is the richest American to have ever lived, worth $340 billion 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.
1. Mansa Musa I - $400 Billion (Born 1280)
Mansa Musa I: This video game representation of the king shows what he may
have looked like.
Mansa Musa I, the richest person in history, had a personal net worth of $400 billion at the time of his death in 1331.
Born in 1280, he ruled West Africa's Malian Empire which covered modern day Ghana, Timbuktu and Mali.
His country's production of more than half the world's supply of salt and gold contributed to Musa's vast wealth, which he used to build large mosques that still stand today.
According to the writings of Arab-Egyptian scholar Al-Umari, Musa inherited his throne through a practice of appointing a deputy after the king goes on his pilgrimage to Mecca; later naming the deputy as heir.
Musa was appointed deputy of the king before him, who had reportedly embarked on an expedition to explore the limits of the Atlantic ocean, and never returned.
Just two generations after his death, however, Musa's world record net worth was diminished after his heirs were not able to fend off civil war and invading conquerors.
List of 26 richest people of all time [Source]:
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 billion
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
22. Carlos Slim (business magnate, 1940- ) $68 billion
23. Stephen Van Rensselaer (land owner, 1764- 1839) $68 billion
24. Marshall Field (Marshall Field & Company founder, 1834-1906) $66 billion
25. Sam Walton (Walmart founder, 1918-1992) $65 billion
26. Warren Buffett (investor, 1930- ) $64 billion
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