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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 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.

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 ‘26 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 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) $65billion

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

Replies sorted oldest to newest

Gaddafi should not be on that list.  He was not a wealthy man and did not care about being wealthy.  The money belong to the people of his country.  What some of his children did should not be a reflection of the man himself and his efforts to build his country.

 

What is interesting on this list is the fortune of John of Gaunt which has supported the British Royal Families and their household staff since his death in 1399.  He had vast amounts of land around 50 thousand acres in the Lancaster area of England which still remain intact today and which even up to today still supports the current Royal family of Britain by giving them millions of dollars in rent money.

FM
Originally Posted by Wally:

Gaddafi should not be on that list.  He was not a wealthy man and did not care about being wealthy.  The money belong to the people of his country.  What some of his children did should not be a reflection of the man himself and his efforts to build his country.

 

What is interesting on this list is the fortune of John of Gaunt which has supported the British Royal Families and their household staff since his death in 1399.  He had vast amounts of land around 50 thousand acres in the Lancaster area of England which still remain intact today and which even up to today still supports the current Royal family of Britain by giving them millions of dollars in rent money.

Gaddafi did nothing to build his country. He has unfettered rule for decades and never  formalized a central authority to take advantages of economy of scale and build a great education system or any robust social and industrial  infrastructure. He instead build fiefdoms run by backward lackeys who did nothing for the people but institutionalize local hegemony. Instead of a formal summoning creed he left rancorous tribal enclaves with parochial understanding of social life and no grasp of a national identity. He was as dippy as he appeared in the end.

FM
Originally Posted by Danyael:
Originally Posted by Wally:

Gaddafi should not be on that list.  He was not a wealthy man and did not care about being wealthy.  The money belong to the people of his country.  What some of his children did should not be a reflection of the man himself and his efforts to build his country.

 

What is interesting on this list is the fortune of John of Gaunt which has supported the British Royal Families and their household staff since his death in 1399.  He had vast amounts of land around 50 thousand acres in the Lancaster area of England which still remain intact today and which even up to today still supports the current Royal family of Britain by giving them millions of dollars in rent money.

Gaddafi did nothing to build his country. He has unfettered rule for decades and never  formalized a central authority to take advantages of economy of scale and build a great education system or any robust social and industrial  infrastructure. He instead build fiefdoms run by backward lackeys who did nothing for the people but institutionalize local hegemony. Instead of a formal summoning creed he left rancorous tribal enclaves with parochial understanding of social life and no grasp of a national identity. He was as dippy as he appeared in the end.

http://www.globalresearch.ca/l...iver-project/5334868

Pointblank
Originally Posted by Pointblank:
Originally Posted by Danyael:
Originally Posted by Wally:

Gaddafi should not be on that list.  He was not a wealthy man and did not care about being wealthy.  The money belong to the people of his country.  What some of his children did should not be a reflection of the man himself and his efforts to build his country.

 

What is interesting on this list is the fortune of John of Gaunt which has supported the British Royal Families and their household staff since his death in 1399.  He had vast amounts of land around 50 thousand acres in the Lancaster area of England which still remain intact today and which even up to today still supports the current Royal family of Britain by giving them millions of dollars in rent money.

Gaddafi did nothing to build his country. He has unfettered rule for decades and never  formalized a central authority to take advantages of economy of scale and build a great education system or any robust social and industrial  infrastructure. He instead build fiefdoms run by backward lackeys who did nothing for the people but institutionalize local hegemony. Instead of a formal summoning creed he left rancorous tribal enclaves with parochial understanding of social life and no grasp of a national identity. He was as dippy as he appeared in the end.

http://www.globalresearch.ca/l...iver-project/5334868

Nice he give them water, and soccer etc but he needed to give them a national identity and centralized social institutions unfettered by tribal wranglings. Libya's revolt was not because t hey were in paradise. It was because they saw themselves as getting nowhere fast despite bing loaded with capital. Unfortunately, putting the broken pieces together will not be easy.

FM
Originally Posted by Danyael:
Originally Posted by Wally:

Gaddafi should not be on that list.  He was not a wealthy man and did not care about being wealthy.  The money belong to the people of his country.  What some of his children did should not be a reflection of the man himself and his efforts to build his country.

 

What is interesting on this list is the fortune of John of Gaunt which has supported the British Royal Families and their household staff since his death in 1399.  He had vast amounts of land around 50 thousand acres in the Lancaster area of England which still remain intact today and which even up to today still supports the current Royal family of Britain by giving them millions of dollars in rent money.

Gaddafi did nothing to build his country. He has unfettered rule for decades and never  formalized a central authority to take advantages of economy of scale and build a great education system or any robust social and industrial  infrastructure. He instead build fiefdoms run by backward lackeys who did nothing for the people but institutionalize local hegemony. Instead of a formal summoning creed he left rancorous tribal enclaves with parochial understanding of social life and no grasp of a national identity. He was as dippy as he appeared in the end.


The man had over one billion US dollars in several foreign western banks to pay for students from his country to study in Western Universities with free tuition, free board, free rent and free books.  libyan students did not have to work and study like other foreign students. Every student received U.S.$2,300/month for accommodation and car allowance when studying overseas.

 

 

When Gaddafi took over Libya it only had half of a mile of paved road.  Look at Libya today it is all connected by highways.

 

Libyans had interest free loans from their banks.

 

Libyans paid no money for electricity.

 

Every newly married couple received 50 thousand us dollars from the state to buy their house or apartment.

 

Every family could have bought 40 loaves of bread for 15 cents us.

 

Libya had no foreign debt and 150 billion US dollars in foreign banks.

 

Every mother is given 5 thousand us when they gave birth.

 

Before Gaddafi only 25 percent of Libyans were literate. The day he died 83 percent of Libyans were literate.

 

world’s largest irrigation project, known as the Great Manmade River project was build by Gaddafi.

 

 

FM
Originally Posted by Wally:
Originally Posted by Danyael:
Originally Posted by Wally:

Gaddafi should not be on that list.  He was not a wealthy man and did not care about being wealthy.  The money belong to the people of his country.  What some of his children did should not be a reflection of the man himself and his efforts to build his country.

 

What is interesting on this list is the fortune of John of Gaunt which has supported the British Royal Families and their household staff since his death in 1399.  He had vast amounts of land around 50 thousand acres in the Lancaster area of England which still remain intact today and which even up to today still supports the current Royal family of Britain by giving them millions of dollars in rent money.

Gaddafi did nothing to build his country. He has unfettered rule for decades and never  formalized a central authority to take advantages of economy of scale and build a great education system or any robust social and industrial  infrastructure. He instead build fiefdoms run by backward lackeys who did nothing for the people but institutionalize local hegemony. Instead of a formal summoning creed he left rancorous tribal enclaves with parochial understanding of social life and no grasp of a national identity. He was as dippy as he appeared in the end.


The man had over one billion US dollars in several foreign western banks to pay for students from his country to study in Western Universities with free tuition, free board, free rent and free books.  libyan students did not have to work and study like other foreign students. Every student received U.S.$2,300/month for accommodation and car allowance when studying overseas.

 

 

When Gaddafi took over Libya it only had half of a mile of paved road.  Look at Libya today it is all connected by highways.

 

Libyans had interest free loans from their banks.

 

Libyans paid no money for electricity.

 

Every newly married couple received 50 thousand us dollars from the state to buy their house or apartment.

 

Every family could have bought 40 loaves of bread for 15 cents us.

 

Libya had no foreign debt and 150 billion US dollars in foreign banks.

 

Every mother is given 5 thousand us when they gave birth.

 

Before Gaddafi only 25 percent of Libyans were literate. The day he died 83 percent of Libyans were literate.

 

world’s largest irrigation project, known as the Great Manmade River project was build by Gaddafi.

 

 

Why did he need African mercenaries to keep the population at bay or why did these so loving lovingly cared for Lydians destroyed their nation? His problem was he never had a plan.

FM

Gaddafi's rule proved one thing to me.  It does not matter how much material wealth or services from a state the people have received.  If they fear their leader, cannot speak their minds without fear of persecution and if they think that their human rights are not respected by the leader then they will eventually turn against the leader no matter how much free stuff they get.  Gaddafi executed several people like the public executions in January 1977.  It instilled fear in some of the peoples' minds and they always remembered that about him.

FM
Originally Posted by Danyael:
Originally Posted by Pointblank:
Originally Posted by Danyael:
Originally Posted by Wally:

Gaddafi should not be on that list.  He was not a wealthy man and did not care about being wealthy.  The money belong to the people of his country.  What some of his children did should not be a reflection of the man himself and his efforts to build his country.

 

What is interesting on this list is the fortune of John of Gaunt which has supported the British Royal Families and their household staff since his death in 1399.  He had vast amounts of land around 50 thousand acres in the Lancaster area of England which still remain intact today and which even up to today still supports the current Royal family of Britain by giving them millions of dollars in rent money.

Gaddafi did nothing to build his country. He has unfettered rule for decades and never  formalized a central authority to take advantages of economy of scale and build a great education system or any robust social and industrial  infrastructure. He instead build fiefdoms run by backward lackeys who did nothing for the people but institutionalize local hegemony. Instead of a formal summoning creed he left rancorous tribal enclaves with parochial understanding of social life and no grasp of a national identity. He was as dippy as he appeared in the end.

http://www.globalresearch.ca/l...iver-project/5334868

Nice he give them water, and soccer etc but he needed to give them a national identity and centralized social institutions unfettered by tribal wranglings. Libya's revolt was not because t hey were in paradise. It was because they saw themselves as getting nowhere fast despite bing loaded with capital. Unfortunately, putting the broken pieces together will not be easy.

Lesson to all dictators, don't assume you know all what the people want.  People want food, clothing, shelter, water, etc, but they also want freedom to chose the direction of their nation and their lives.

FM

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