Who is the richest person in the world?
Elon Musk retains title as tech leaders continue to dominate billionaires' league table
With a fortune of around $400bn in today’s money, Mansa Musa I of Mali, the first king of Timbuktu, may not be a household name, but was by most estimates one of the richest people in history. Deriving his wealth from his country’s vast salt and gold deposits, which at one time accounted for half the world’s supply, Musa ruled West Africa’s Malian Empire in the early 14th century, constructing hundreds of mosques across the continent, many of which survive to this day.
With a fortune estimated at between $300-$400bn in today’s money, Tsar Nikolai Alexandrovich Romanov (Nicholas II) of Russia was deposed and subsequently executed by the Bolsheviks in the aftermath of the Russian Revolution.
The Independent notes that, following his canonisation by the Russian Orthodox Church, he is also the richest saint in history.
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
Excluding kings, princes and those who inherited their wealth, the list of the world’s richest-ever men – and they are always men – is dominated by the so-called robber barons of 19th and early 20th century America.
Often cited as the richest person who ever lived, oil tycoon John D. Rockefeller was the first person to have a net worth of more than $1bn in the money of the time. At the time of this death his estate was worth an estimated $340bn in today’s money, almost 2% of total US economic output.
With an estimated fortune of $310bn in today’s money, steel magnate and Rockefeller contemporary Andrew Carnegie sold his Carnegie Steel Company to JP Morgan for $480m in 1901, and later made his name with his philanthropic donations.
Automobile pioneer Henry Ford, who perfected the production line and has become a by-word for American entrepreneurship, had a fortune of around $199bn at the time of his death in 1947.
Create an account with the same email registered to your subscription to unlock access.
Sign up for Today's Best Articles in your inbox
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
-
Baffin Island: looking for narwhal in Arctic Canada
The Week Recommends An exploration of this island between mainland Canada and Greenland is ideal for the adventurous at heart
By The Week UK Published
-
Sudan's year of civil war: 'the world has turned its back'
Talking Point
By The Week UK Published
-
Crossword: April 28, 2024
The Week's daily crossword
By The Week Staff Published
-
Why is Tesla stumbling?
In the Spotlight More competition, confusion about the future and a giant pay package for Elon Musk
By Joel Mathis, The Week US Published
-
Tesla cuts prices in 'intensifying' EV war
Speed Read Electric vehicle giant has struggled in the face of weakening demand, competition from China and technical setbacks
By Arion McNicoll, The Week UK Published
-
Brazil accuses Musk of 'disinformation campaign'
Speed Read A Brazilian Supreme Court judge has opened an inquiry into Elon Musk and X
By Rafi Schwartz, The Week US Published
-
How New York's legal cannabis rollout ended up in the weeds
in depth And many of the state's promises to social equity applicants went up in smoke
By Theara Coleman, The Week US Published
-
What Elon Musk has to fear from China's 'Tesla killer'
Talking Points BYD is now the world's biggest seller of electric vehicles
By Joel Mathis, The Week US Published
-
California's homelessness crisis just can't catch a break
In depth Recent data dispels a widespread theory for who's to blame
By Theara Coleman, The Week US Published
-
How synthetic diamonds are upending the industry's status quo
In Depth Lab-grown diamonds are causing changes in a business that is already under heavy scrutiny
By Justin Klawans, The Week US Published
-
Elon Musk overshadows his own Cybertruck rollout
Talking Point The X owner's latest bizarre public appearance and incendiary comments threaten to derail the 'biggest product launch of anything by far on Earth this year'
By Rafi Schwartz, The Week US Published