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How Is The Richest Person In World – What was it like to be the richest man in the world in the 1820s, 1850s or 1900s? And how does it compare to today? Collecting the most successful and richest entrepreneurs and businessmen of the last two centuries, we put together a table of the richest person by decade, excluding royalty and heads of state.
The son of a sea captain, Stephen Girard was born in Bordeaux, France, in 1750, and went to sea as a boy before settling in Philadelphia in 1776, where he began his work as a merchant. Girard was wealthy from importing and exporting goods to the city, and by 1810 he was the richest man in the world. In 1811, Girard founded his own bank, which provided a large loan to the American government during the War of 1812. At the time of his death in 1831, he had a philanthropic fortune of $7.5 million , about 1/150 of US GDP, equivalent to $182.2 million (£147.3 million) in today’s money. Almost all of his wealth was given to charities, including orphanages, libraries and schools in Philadelphia and New Orleans.
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After Girard’s death in 1831, Nathan Mayer Rothschild, grandson of the Rothschild banking house, became the richest man in the world. Born in Frankfurt in 1777, the German financier moved to England in 1798 and established a textile and banking business that brought him great wealth. At his death in 1836, Rothschild’s was 0.62% of national income.
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John Jacob Astor was born in Walldorf, Germany in 1763 and immigrated to America at the age of 21, where he established a financial monopoly in the fur trade. At the time of his death in 1848, the German-American businessman, who was also a major figure in real estate and the opium business, had a net worth of $20 million, equivalent to $599 million ( £484 million) in today’s money.
Another rich man, Cornelius Vanderbilt, was born in 1794 in Staten Island, New York. Descendant of a Dutch slave, Vanderbilt left school at age 11 and founded a taxi service at age 16. business In the 1850s, Vanderbilt was the richest man in the world.
Vanderbilt made his first foray into the railroad business in 1863 when he purchased the legendary New York and Harlem Railroad. The following year, the businessman sold his steam concern to focus 100% on railroads and created the New York Central and Hudson River Railroad, one of America’s first megacorporations.
In the early 1870s, Vanderbilt embraced philanthropy and donated $1 million to establish Vanderbilt University in Nashville. When he died in 1877, the business genius was worth $105 million, equivalent to $2.6 billion (£2 billion) in today’s money. He left the lion’s share of his fortune to his eldest son, William Henry Vanderbilt.
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William Henry Vanderbilt continued where his father left off and boldly expanded the dynasty’s railroad empire and donated large sums of money to philanthropic causes. By the time he died in 1885, the family fortune had more than doubled and was worth $232 million, equivalent to $6.2 billion (£5 billion) in today’s money.
Born in New York State in 1839, John D. Rockefeller founded Standard Oil in 1870 and went on to control 90% of the oil refined in the United States. He was the world’s first billionaire. In the 1890s, the oil barons switched to iron and natural gas, and the nation’s railroad industry was greatly influenced.
At the turn of the century, Rockefeller was surpassed by his rival Andrew Carnegie as the richest man in the world. Born in Dunfermline in 1835, the Scottish-American inventor pioneered the expansion of the iron industry in the United States and became very wealthy. His Carnegie Steel company was sold to JP Morgan in 1901 for $480 million, equivalent to $14.6 billion (£11.8 billion) in today’s money.
Carnegie, who died in 1919, gave away 90% of his fortune during his lifetime, and Rockefeller regained his position in the 1910s. In 1911, he was discovered by the US Supreme Court found Standard Oil in violation of antitrust laws and ordered the company. to be liquidated Rockefeller bought some wildlife options and by 1913 his fortune had reached $900 million, equivalent to $23.5 billion (£19 billion) in today’s money.
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Like Carnegie, Rockefeller was known for his philanthropy. The oil magnate made his first donation at age 16 and increased his giving in the 1890s after meeting Swami Vivekananda, an Indian Hindu minister who urged the store to love its money. In the 1920s, Rockefeller almost single-handedly financed the eradication of yellow fever and corn in the United States.
Rockefeller was the richest man in the world until his death in 1937. During his golden years, the business magnate continued to give more than $500 million to good causes. Also present are US Vice President Nelson Rockefeller and financier David Rockefeller.
Born in 1863, the founder of the successful Ford Motor Company revolutionized automobile manufacturing and brought the automobile to the mass market, selling millions of cars during his lifetime. By the 1940s, Ford had become the richest man in the world. At the time of his death in 1947, the motoring pioneer was worth an estimated $200 billion (£162 billion) in 2018.
J. Paul Getty was born in Minneapolis in 1892 and began investing in the oil industry in the early 1920s. Struggling to pay, the tycoon built a huge business empire based on black money, but he put his money to good use in the 1950s when he leased oil fields in the Middle East. In 1957
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Getty ran the global oil industry in the 1960s and was named the world’s richest man by Guinness World Records in 1966 with a net worth of $1.2 billion, or $9.6 billion (£7.7 billion ) in current money. A lot of money to collect art, follow your favorite work.
In 1973, the disgraced oil magnate made headlines when he failed to pay a $17 million ransom for his grandson, John Paul Getty III, who was kidnapped in Rome. Eventually, an agreement was reached, but only after the robbers cut off the young man’s ear. At the time of his death in 1976, Getty was worth $6 billion, about $27.3 billion (£22 billion) adjusted for inflation.
World wealth list for three years. At the height of the country’s property bubble in 1987, Tsutsumi was worth $20 billion, equivalent to $45.5 billion (£36.8 billion) today. But the good times didn’t last. Property prices plummeted in the 1990s and Tsutsumi went bankrupt in the early 2000s. In 2006, it collapsed
‘ due to the growth of the company’s shares, in 1995 he entered the list of the richest people in the world for the first time. The tech mogul was worth $12.9 billion that year, or $21.9 billion (£17.7 billion) today. At one point in 1999, Gates was worth more than $100 billion, which is $155 billion (£126 billion) adjusted for inflation.
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Microsoft’s stock price plummeted after the dot-com crash of 2000, stripping Gates of his fortune by billions, but he remained at the helm until 2008, when the Berkshire Hathaway CEO Warren Buffett took over. That year, the famous businessman’s net worth reached $62 billion, equivalent to $74.5 billion today (£60.2 billion), making him the richest person in the world in 2000 .
In 2009, Berkshire Hathaway posted its worst ever financial results and Buffett’s salary plummeted. Gates returned to the top spot, but was knocked into second place in 2010 by telecommunications tycoon Carlos Slim, who remained the world’s richest man until 2014. Gates was another peak between 2015 and in 2017. But in 2018
In the list of 400, Amazon boss Jeff Bezos became top dog with a fortune of $160bn (£129bn).
The 2019 billionaires list with a net worth of $131 billion (£106 billion), a figure that has been reduced in part by his divorce settlement with now-ex-wife Mackenzie Scott, leaving him with a net worth of $38 billion. 30.7 billion pounds) made. As of April 2019. But at the time of writing, Bezos has been overtaken by one of the world’s smartest entrepreneurs, Elon Musk. In addition to Tesla’s defense in 2020, CEO Musk has seen his net worth rise from $140bn (£102bn) to $190bn (£138.5bn) now, while Bezos is worth $188 billion (£137 billion).
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. But let’s find out who among them is the richest person of the decade or someone else. The world’s billionaires are a very diverse group, but nine of the top ten are self-employed.
Publishes a list of the 400 richest Americans. In 2019, it topped the list for the second consecutive year
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