Skip to content
Catholic Online Logo

By Greg Goodsell

10/16/2012 (2 years ago)

Catholic Online (www.catholic.org)

Only three of the world's wealthiest men are alive today

Mansa Musa I, an obscure king who ruled West Africa in the 14th century has been declared the richest person in history. Adjusted for inflation, the king leads the list of the world's 25 wealthiest people of all time. Celebrity Net Worth's list includes the expected names of Bill Gates and Warren Buffett.

Mansa Musa  was a West Africa king who ruled the Malian Empire which covered modern day Ghana, Timbuktu and Mali. He had a personal net worth of $400 billion at the time of his death in 1331.

Mansa Musa was a West Africa king who ruled the Malian Empire which covered modern day Ghana, Timbuktu and Mali. He had a personal net worth of $400 billion at the time of his death in 1331.

Highlights

By Greg Goodsell

Catholic Online (www.catholic.org)

10/16/2012 (2 years ago)

Published in Business & Economics

Keywords: Wealth, adjustment, inflation, history


LOS ANGELES, CA (Catholic online) - The West Africa king ruled the Malian Empire which covered modern day Ghana, Timbuktu and Mali. He had a personal net worth of $400 billion at the time of his death in 1331.

The Rothschild families, who are second on the list, remain the richest people on earth today with assets that total at least $350 billion. Their assets include mining, banks, private asset management, mixed farming, wine, and charities.

John D. Rockefeller, third on the list, is the richest American to have ever lived. He was worth $340 billion in today's dollars at the time of his death in 1937.

Rounding out the remainder in a numbered list:

4. Andrew Carnegie, a Scottish-American industrialist born in 1835who led the enormous expansion of the American steel industry in the late 19th century; worth is set at $310 billion.

5. Nikolai Alexandrovich Romanov, also known as Tsar Nicholas II of Russia, born in 1868, had a net worth of nearly $900 million. Under his rule, he approved the Russian mobilization of August 1914, which marked the beginning of Russia's involvement in World War I, in which 3.3 million Russians were killed.

6. Mir Osman Ali Khan, born 1886, was the ruler of Hyderabad until the country was invaded by India, famously used the Jacob Diamond, worth $95 million alone as a paperweight in his office. He supposedly owned more than 50 Rolls Royces. He was worth $236 billion.

7. William the Conqueror, born in 1028 was most famous for invading and subsequently seizing England in 1066. He died in 1087, leaving the equivalent of $229.5billion to his sons.

8. Muammar Gaddafi, born 1942, proved that money can't buy happiness - or respect. By the time he was torn apart by an angry mob in 2011 in his North African nation of Libya, his net worth was set at $200 billion.

9. Henry Ford, born in 1863, was the founder of the iconic Ford Motor Company, also helped to develop the assembly line technique of mass production. At the time of death in 1947, Ford had accumulated a net worth equivalent to $199 billion.

10. Cornelius Vanderbilt, born in 1794, is the third richest American to ever live. Making his first fortune in the steamboat industry, his wealth exploded through his investments in railroads at the age of 70. At his death in 1877, his estate was worth the equivalent of $185 billion.

11. Alan Rufus, born in 1040, was the military companion of William the Conqueror, the list's seventh richest person to ever live. Rufus was given 250,000 acres of land in England, which at the time was worth the equivalent to $178.65 billion.

12. No surprise, Bill Gates, born in 1955 is currently the second richest person alive with a net worth of $62.5 billion. The former chief executive and current chairman of Microsoft, the world's largest personal-computer software company, remains the largest individual shareholder, with 6.4 percent of the common stock.

13. William de Warenne, birth unknown was an English military leader and nobleman. At his death in 1088, his land was worth the equivalent of $146.13 billion.

14. John Jacob Astor, born in 1763, made his first million by trading furs from Canada to wealthy women in New York City, using his money to acquire some of Manhattan's most sought after real estate. His net worth was equivalent to $121 billion when he died in 1848.

15. Richard Fitzalan, born in 1306, was a prominent English nobleman and land owner. His net worth was the equivalent of $118.6 billion at the time of his death in 1376.

16. John of Gaunt, born in 1340, was the third surviving son of England's King Edward III. He had a net worth equal to $110 billion in today's dollars because of very generous land grants.

17. Stephen Girard, born in 1750 was a French born shipping and banking mogul. He was worth $105 billion in 1831, in his adopted home of Philadelphia. He personally saved the U.S. government from financial collapse during the War of 1812, and became one of the wealthiest men in America.

18. Alexander Turney Stewart, born in 1803 arrived in the U.S. from Ireland and created the world's largest department store at the time, becoming the developer of mail-order shopping. When he died in 1876 he was worth the equivalent of $90 billion.

19. Henry Duke of Lancaster, born in 1301 was an English nobleman who lived from 1310 to 1361 and acquired a net worth equivalent to $85.1 billion in modern dollars.

20. Friedrich Weyerhauser, born in 1834, made his first fortune in the timber business, buying enough land to make him the largest private land owner in America. When he died in 1914, his estate was worth the equivalent of $80 billion in 2012 dollars.

21. Jay Gould, born in 1836 was Cornelius Vanderbilt's public enemy, the infamous railroad king amassing $71 billion by the time of his death in 1892.

22. Carlos Slim, born in 1940 is currently the wealthiest man in the world. With a current net worth of $68 billion, the Mexican media mogul has more than $5.2 billion more than Bill Gates.

22. Stephen van Rensselaer, born in 1764, eventually became Lieutenant Governor of New York. He had a net worth of $68 billion.

23. Marshall Field, born in 1834, was the founder of Marshall Field and Company. He was worth $66 billion, inflation adjusted, at the time of his death in 1906.

24. Sam Walton, born in 1918, the man who gave America Wal-Mart, had a net worth of $65 billion at the time of his death in 1992, which he left to his widow and three children.

25. Warren Buffet, widely considered the most successful investor of the 20th century, had a peak net worth of $64 billion before he started giving all his money to charity.

---


Pope Francis: end world hunger through 'Prayer and Action'


2014 - Distributed by THE NEWS CONSORTIUM

Pope Francis Prayer Intentions for January 2015
General Intention:
That those from diverse religious traditions and all people of good will may work together for peace.
Missionary Intention: That in this year dedicated to consecrated life, religious men and women may rediscover the joy of following Christ and strive to serve the poor with zeal.



Comments


More Business & Economics

Game over: Saudi Arabia threatens to increase oil production to dangerously drive America out of the oil market Watch

Image of America's rising oil production has threatened Opec's control of the global oil market, but Saudi Arabia may be striking back, upping its own production in order to drive costs beyond the ability of American oil corporations to compete.

By Matt Waterson (NEWS CONSORTIUM)

Despite the continuing decline of the price of oil, Saudi Arabia has actually increased its oil production in an attempt to gain a victory in the oil war against shale drillers in the United States. LOS ANGELES, CA (Catholic Online) - The Middle Eastern oil ... continue reading


Talk about a killer app! Apple posts largest profit in history of mankind Watch

Image of The iPhone 6, which has helped Apple post the record largest profit ever made by a corporation.

By Matt Waterson (NEWS CONSORTIUM)

Apple has sold 74.5 million iPhones in just the last three months, helping the tech giant's profits soar to $18 billion, up more than 37 percent. LOS ANGELES, CA (Catholic Online) - This is the largest profit ever made by a corporation, edging out the $16.2 billion ... continue reading


ECONOMIC EARTHQUAKE: IBM rumored to lay off 110,000 employees - biggest cull in business history Watch

Image of First reported on the Forbes Web site, IBM scoffed at the news. Representatives said that the reported scale of the job cuts

By Catholic Online (NEWS CONSORTIUM)

There are alarming indications that the largest corporate layoff in history may be near. There are rumors afoot that computer IBM plans to lay off 110,000 employees shortly. As their entire worldwide workforce is estimated at 430,000, this represents a quarter ... continue reading


Living on less than $2 dollars a day: Only 5 percent of global wealth belongs to the poorest 80 percent of the world Watch

Image of Millions of people around the world are living off of less than two dollars a day.

By Abigail James (NEWS CONSORTIUM)

The staggering increasing inequality among the wealthy and poor around the world continues to be a pressing issue. Eighty rich billionaires have as much money as 3.5 billion of the poorest people. LOS ANGELES, CA (Catholic Online) - The wealthy are occuring their ... continue reading


An amazing 2,500 of the world's most prestigious people canvas Davos, Switzerland for this year's World Economic Forum Watch

Image of

By Abigail James (NEWS CONSORTIUM)

Around 1,700 private jets will cover the sky, as the most elite people of the world descend on the annual World Economic Forum in Davos, Switzerland. Throughout the next week, world leaders, wealthy businessmen and even influential pop stars will come together to speak ... continue reading


Do they have your best interests at heart? A shocking 50 PERCENT of the global wealth precariously belongs to only ONE PERCENT of the world's population Watch

Image of Nearly 50 percent of the world's entire riches belong to only one percent of its people.

By Abigail James (NEWS CONSORTIUM)

Davos men, the world's most elite billionaires and politicians, gather at the World Economic Forum to once again attempt to tackle inequality between the rich and poor as the disparity continues to grow. LOS ANGELES, CA (Catholic Online) - Every year the world's ... continue reading


Downturn of low gas prices: Schlumberger to cut 9,000 jobs due to decline at pump prices Watch

Image of The precipitous fall of $1.8 billion came in a series of one-time charges related to the steep fall in commodity prices.

By Catholic Online (NEWS CONSORTIUM)

There is a downside to the plunging prices at the gas pump: Americans will be losing jobs as companies struggle to make up the difference in falling revenue. Case in point: Schlumberger is cutting 9,000 jobs due to low oil prices. Other petroleum companies are ... continue reading


Improved economy? Study says labor force participation at 36-Year Low Watch

Image of The labor force participation rate is defined as the percentage of the civilian non-institutional population who either had a job or was actively seeking one during the month.

By Catholic Online (NEWS CONSORTIUM)

Gas prices may be cheaper, consumer confidence may be higher - but that does not take away from the brutal fact that many Americans remain jobless. A record 92,898,000 Americans 16 and older did not participate in the labor force in December, as the labor force ... continue reading


The Rise and Fall of the World's Poorest Nations Watch

Image of Leaving list of LDCs entials that of productive capacity development, structural transformation resilience building and sustainable improvement in human and social capital.

By Thalif Deen, Inter Press Service

The world's 48 Least Developed Countries (LDCs) - a special category of developing nations created by the General Assembly in 1971 but refused recognition by the World Bank - have long been described as "poorest of the poor" in need of special international ... continue reading


Is pot the future boom business? The founder of Pay Pal thinks so Watch

Image of The co-founder and former CEO of PayPal, Peter Thiel is investing multiple millions of dollars into Privateer Holdings, a Seattle-based marijuana growing, production, distribution and information company.

By Matt Waterson (NEWS CONSORTIUM)

Founders Fund, a $2 billion dollar, San Francisco-based venture capitalist firm ran by the co-founder and former CEO of PayPal is moving in a new investment direction, turning towards pastures a little greener than former tech and Silicon Valley ... continue reading


All Business & Economics News

Newsletters

Newsletter Sign Up icon

Stay up to date with the latest news, information, and special offers

Daily Readings

Reading 1, Hebrews 11:1-2, 8-19
1 Only faith can guarantee the blessings that we hope ... Read More

Psalm, Luke 1:69-70, 71-72, 73-75
69 and he has established for us a saving power in ... Read More

Gospel, Mark 4:35-41
35 With the coming of evening that same day, he said ... Read More

Saint of the Day

Saint of the Day for January 31st, 2015 Image

St. John Bosco
January 31: What do dreams have to with prayer? Aren't they just random ... Read More

Inform, Inspire & Ignite Logo

Find Catholic Online on Facebook and get updates right in your live feed.

Become a fan of Catholic Online on Facebook


Follow Catholic Online on Twitter and get News and Product updates.

Follow us on Twitter