Top richest from history, one hyperinflated the economy single handedly!

[Synchronice]

While this post is about individual wealth, what about to discuss it at country level? No one has mentioned Argentina here. Probably, you guys haven't heard about The Argentina Paradox, yes, it's about the economic history of Argentina. There was a time when Argentina was one of the wealthiest country in the world. It achieved great economy in early 20th century but soon after that, it started to decline and today Argentina is definitely not a country where people want to move.
Have a look at this Wikipedia article: https://en.wikipedia.org/wiki/Economic_history_of_Argentina

[Husires]

In the past, hoarding wealth was difficult, it is not now where you can invest in another country or invest in digital things, where you had to follow up on your investments yourself, you can only buy gold and the amount of gold is limited so that it makes the revolution restricted, today money can be printed without a golden cover The debt ceiling is much higher than the existing funds, and there is a stock market and the possibility of buying back shares, which makes multiplying wealth very easy.

The scriptures mentioned that the richest man in ancient history was Qaroon, also known as Croesus, who had separate rooms filled with gold and silver to the point that the keys to these rooms needed an army of men to hold.

https://www.rekhta.org/allusions/qaroon-croesus

[Fiatless]

I don't know exactly what the difference is between a middle-class person's chance of being rich in the past and a middle-class person living today. We have more possibilities, but the world is not the same as before. Everything is in our hands and depends on our effort, but still, I am not sure whether we are the luckier ones in the past.

I don't know the situation in your country, but the middle class is gradually disappearing in our society. The gap between the rich and the poor is expanding because of corruption and unfavorable government policies. The economy is organized in a way that favors the rich. Before we had the American dream where nobody could become successful but today you have to be connected to a powerful politician or business executive to climb the ladder to the top. Inflation and currency devaluation are making hard work and diligence worthless because what you earn is not enough to provide for your needs.

The scriptures mentioned that the richest man in ancient history was Qaroon, also known as Croesus, who had separate rooms filled with gold and silver to the point that the keys to these rooms needed an army of men to hold.

https://www.rekhta.org/allusions/qaroon-croesus

It is very interesting to see that many religions have different accounts of the richest men in the olden days. Based on the Holy Bible the richest man was Solomon who was the son of David. His wealth was so much that he married about three hundred wives and seven hundred concubines. You just don't know which account to believe.
https://en.m.wikipedia.org/wiki/Solomon#:~:text=According%20to%20the%20biblical%20account,Sidon%20and%20of%20the%20Hittites.

[slapper]

Henry Ford worth $199 billion dollars? Big bucks. However, we are discussing adjusted prosperity here. What was the dollar's value back then? Totally different. Back then, they did not even have Twitter to announce their money. However, Mansa Musa? That is certainly the case. The man was so wealthy that his excessive generosity ruined the prosperity of an entire nation! That is certainly something! Making the gold market crash and then saving it? That is a serious business strategy, but why would anyone want to induce inflation in order to correct it later? This action seems odd to me

But sixty thousand persons on a trip? Construction of mosques every Friday? Consider the logistics involved! It's like launching a new company every week. And this is where I discover a small issue: if Musa donated gold to every city but only caused inflation in Egypt, did the other cities not have intelligent economists? Regardless, history is replete with such prominent figures. It makes you consider what kind of legacy we're leaving, doesn't it? Your narrative is fascinating, and it prompts us to consider prosperity and power in entirely new ways

[Bialke]

There is a difference between money you do have in stocks, in cash and in state/company goods/things!

Do you have your money in stocks, you have to keep your eyes on the trading volume. Maybe it is not possible to cash-in/sell your stocks because of the lack of trading volume. And maybe you have to sell your stocks in packages of smaller amounts, so after you sell the first package, the price is dropping, and your wealth is dropping. (Ford, Musk, Rockefeller are fitting in this category.)

If you have a lot of your wealth in state goods/things, like the monarchs Caesar, Romanov and other figures, it is simular with the stocks? Who can buy it at once? And who can buy smaller amounts in packages? And if you sell packages of your wealth, the remaining wealth is becoming more instable.

And if you have it in cash, just look up the bible! Basically it describes like different forces try to destablize and control cash money. And what do you want to buy with this big amount of cash? If you buy some, you come more into the other two categories!

[dothebeats]

Going out of the main purpose of the post, I'd just like to point out how much this kind of post can motivate others. See as cringey as it looks there are a lot of members here who needs a reminder of why they are spending so much time learning and gathering information on how to invest, basically they have a goal and sometimes they lose sight of that. Through posts like this they see the people who were able to get to that same goal and that reminds them just how possible it is despite the struggles they have to go through. Hence, I appreciate OP for posting this, especially after reading one post on how one member is losing hope.

[Silberman]

I was watching a documentary associated with historical economies and the richest people.

You will be shocked to see how much money these people had during the period when having thousands of USD was worth millions to billions in todays conversion rate!

I am going to list them from the lowest to highest. If you love it, then do checkout the Top #1 richest man ever lived and it's definitely mind wobbling how he lived and how much his wealth was.

...

The list is interesting but if we are as objective as possible the people at the top should not be merchants but kings, emperors and dictators, as they could command the economy of all the territory they were managing and do whatever they wanted with it, besides we must not forget they owned gold and other assets, but they also were the owners of most technologies and even human beings, making it very easy for me to tell they had to be the wealthiest people in history.

[Kakmakr]

I thought the Inca Kings were the richest people in the world at some stage (fifteenth and sixteenth centuries)    .... I have read that Atahualpa's treasure amounted to 221,089 ounces of 22-karat gold, which would have been valued at more than $387 million today.

In any way, thank you for posting this... it is interesting that the Egyptians were so rich and to think that a pyramid was originally built by 4,000 workers over the course of 20 years and it will cost about $5 billion to build one today. (in 5 years with modern equiptment)