And how much was his net worth back then? Think about the wealth Elon Musk owns now, then add a couple hundred billion, and you will get close to Mansa Musa's fortune in the 14th century. Economists estimate that the West African emperor possessed riches equal to almost 400 billion US dollars.
French luxury goods giant LVMH boss Bernard Arnault has officially replaced Tesla boss Elon Musk to become the richest billionaire in the world.
Bezos was the world's richest person on Forbes' list of the World's Billionaires from 2018 through 2021; he dropped to second richest on the 2022 billionaires list. He dropped to fourth richest but moved back to No. 3 on January 25, 2023 as the fortune of India's Gautam Adani (formerly No. 3 richest) fell.
Mansa Musa net worth
The 14th-century emperor's wealth was estimated to be $400 billion (Rs 3,313 crore) by the US website Celebrity Net Worth in 2012.
Billionaire, businessman and the chairman and chief executive of LVMH (LVMUY), Bernard Arnault holds the crown as the richest person in the world. According to Forbes, Arnault has a fortune of $234.5 billion.
While in Cairo, Mansa Musa met with the Sultan of Egypt, and his caravan spent and gave away so much gold that the overall value of gold decreased in Egypt for the next 12 years.
1. The Royal Family of Saudi Arabia. The royal family of Saudi Arabia is the House of Saud and is undoubtedly the wealthiest royal family in the world. The royal family has been ruling the country since 1744 and is worth $1.4 trillion.
Forbes' real-time data shows that as of June 2023, there are 47 Australian billionaires on the list of the world's richest people.
Forbes explained that Musk's wealth had fallen because his $44 billion Twitter purchase, funded by Tesla shares, scared investors and sent Tesla stock sinking sharply last year. Tesla gained much of those losses back this year but is still significantly lower than before Musk bought Twitter.
Max Fosh soon realised that he needed to dissolve his company immediately as he was being accused of fraud by authorities in the UK. He has shared a video of how he made this happen and also why he had to shut his company down. Though he claims, he was the world's richest person for 7 minutes on paper.
Mansa Musa could easily be considered a great leader. He managed an efficient government through a bureaucratic system that provided each village greatly, while establishing provinces and provincial governors to handle local affairs.
He has been subject to popular claims that he is the wealthiest person in history, but the extent of his actual wealth is not known with any certainty. His riches came from the mining of significant gold and salt deposits in the Mali Empire, along with the slave and ivory trade.
The American business magazine Forbes produces a global list of known U.S. dollar billionaires every year and updates an Internet version of this list in real-time. The American oil magnate John D. Rockefeller became the world's first confirmed U.S. dollar billionaire in 1916.
A trillionaire is an individual with a net worth equal to at least one trillion in U.S. dollars or a similarly valued currency, such as the euro or the British pound. Currently, no one has yet claimed trillionaire status, although some of the world's richest individuals may only be a few years away from this milestone.
quadrillionaire (plural quadrillionaires) Somebody whose wealth is greater than one quadrillion units of the local currency. quotations ▼ (by extension) An extremely wealthy person.
In the American system each of the denominations above 1,000 millions (the American billion) is 1,000 times the preceding one (one trillion = 1,000 billions; one quadrillion = 1,000 trillions).
One trillion equals a thousand billions, or million millions. 1 trillion consists of 1 followed by 12 zeros, that is, 1, 000, 000,000, 000 and can be written as \(10^{12} \) (ten to the twelfth power). It takes about 32,000 years to finish 1 trillion seconds.
These men are the richest men in today's world, but Musa was Black and rich—the richest ever. Emperor Mana Musa, born Musa Keita I in 1312 died in 1337. He reigned over the ancient African kingdom of Mali for 25 years. The Mansa in his name means “king of kings.” His wife's name was Inari Kunata.
HOUSE OF SAUD
This is the wealthiest family in history.
After Mansa Musa died in 1337, aged 57, the empire was inherited by his sons who could not hold the empire together.