Amazon's Jeff Bezos becomes richest person ever

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DTHK05cU8AAtIA9.jpg:large


Jeff Bezos in 1999. Never give up.

2018: Amazon has over 500,000 employees and has a market value of $571 billion, while Bezos now ranks number one on the Bloomberg index of richest people on earth, surpassing the $100 billion mark.

https://www.cnbc.com/2018/01/09/ama...05-point-1-billion.html?__source=twitter|main
 
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John D Rockefeller

By the time Rockefeller died in 1937, his assets equaled 1.5% of America's total economic output. To control an equivalent share today would require a net worth of about $340 billion dollars, more than four times that of Bill Gates
 
not yet...

Standard Oil
Trust

John D Rockefeller

By the time Rockefeller died in 1937, his assets equaled 1.5% of America's total economic output. To control an equivalent share today would require a net worth of about $340 billion dollars, more than four times that of Bill Gates

CENTER]
 
In 1994 Jeff left a job that would undoubtedly have brought him financial security, quitting in June knowing that he would forgo his annual bonus. He went home to Texas and ultimately borrowed $300,000 from his parents to help start the company that would eventually be called Amazon. (It almost started life named Cadabra.) MacKenzie drove a borrowed pickup toward Seattle while Jeff wrote out the business plan. He told his parents that the odds of failing were 70 percent—fairly generous, he admitted, given the record of most startups—but he wanted to let them know in advance so that he’d still be welcome at Thanksgiving if everything went to hell.
https://www.maxim.com/maxim-man/jeff-bezos-billionaire-fortune-2016-5
 
not yet...

Standard Oil
Trust

John D Rockefeller

By the time Rockefeller died in 1937, his assets equaled 1.5% of America's total economic output. To control an equivalent share today would require a net worth of about $340 billion dollars, more than four times that of Bill Gates

damn!
 
Musa Keita I came into power in 1312. When he was crowned, he was given the name Mansa, meaning king. At the time, much of Europe was famished and in the middle of civil wars, but many African kingdoms were thriving.

[URL='https://www.youtube.com/watch?v=O3YJMaL55TM']Ted-ED

While in power, Mansa Musa expanded the borders of his empire tremendously. He annexed the city of Timbuktu and reestablished power over Gao. All in all, his empire stretched about 2,000 miles.
while-in-power-mansa-musa-expanded-the-borders-of-his-empire-tremendously-he-annexed-the-city-of-timbuktu-and-reestablished-power-over-gao-all-in-all-his-empire-stretched-about-2000-miles.jpg

The New York Public Library
Mansa Musa was in charge of a lot of land. To put it into perspective, he ruled all (or parts) of modern day Mauritania, Senegal, Gambia, Guinea, Burkina Faso, Mali, Niger, Nigeria, and Chad.

The rest of the world caught wind of his great fortune in 1324, when he made the nearly 4,000 mile pilgrimage to Mecca. He didn't do it on the cheap.
the-rest-of-the-world-caught-wind-of-his-great-fortune-in-1324-when-he-made-the-nearly-4000-mile-pilgrimage-to-mecca-he-didnt-do-it-on-the-cheap.jpg

Ted-Ed
"Not one to travel on a budget, he brought a caravan stretching as far as the eye could see," reports Smith. "Chroniclers describe an entourage of tens of thousands of soldiers, civilians and slaves, 500 heralds bearing gold staffs and dressed in fine silks, and many camels and horses bearing an abundance of gold bars."
not-one-to-travel-on-a-budget-he-brought-a-caravan-stretching-as-far-as-the-eye-could-see-reports-smith-chroniclers-describe-an-entourage-of-tens-of-thousands-of-soldiers-civilians-and-slaves-500-heralds-bearing-gold-staffs-and-dressed-in-fine-silks-and-many-camels-and-horses-bearing-an-abundance-of-gold-bars.jpg

Tinou Bao/flickr
On his stop in Cairo, he spent so much gold and donated so much money to the poor that he caused mass inflation! It would take years for the city to fully recover from the currency crisis.
on-his-stop-in-cairo-he-spent-so-much-gold-and-donated-so-much-money-to-the-poor-that-he-caused-mass-inflation-it-would-take-years-for-the-city-to-fully-recover-from-the-currency-crisis.jpg

Cairo, Egypt.Emad Raúf/flickr
Source: BlackPast.org

The extravagant journey put Mansa Musa on the map — quite literally.
the-extravagant-journey-put-mansa-musa-on-the-map--quite-literally.jpg

Wikimedia Commons
He was included on the 1375 Catalan Atlas (pictured above), one of the most important world maps of Medieval Europe.

"Material riches weren't the king's only concern," says Smith. "As a devout Muslim, he took a particular interest in Timbuktu." He urbanized the city of Timbuktu by building schools, mosques, and a major university.
material-riches-werent-the-kings-only-concern-says-smith-as-a-devout-muslim-he-took-a-particular-interest-in-timbuktu-he-urbanized-the-city-oftimbuktuby-building-schools-mosques-and-a-major-university.jpg

Wikimedia Commons
He also built the legendary Djinguereber Mosque in Timbuktu, pictured below, which still stands.
he-also-built-the-legendary-djinguereber-mosque-in-timbuktu-pictured-below-which-still-stands.jpg

Wikimedia Commons
After reigning for 25 years, Mansa Musa died in 1337. He was succeeded by his son, Maghan I. "The king's rich legacy persisted for generations and to this day, there are mausoleums, libraries, and mosques that stand as a testament to this golden age of Mali's history," says Smith.
after-reigning-for-25-years-mansa-musa-died-in-1337-he-was-succeeded-by-his-son-maghan-i-the-kings-rich-legacy-persisted-for-generations-and-to-this-day-there-are-mausoleums-libraries-and-mosques-that-stand-as-a-testament-to-this-golden-age-of-malis-history-says-smith.jpg

Wikimedia Commons
Source: BlackPast.org

Watch Smith's full lesson below:



SEE ALSO: How old 17 self-made billionaires were when they made their first million
More: Features Wealth History Mansa Musa

* Copyright © 2018 Business Insider Inc. All rights reserved. Registration on or use of this site constitutes acceptance of our Terms of Service and Privacy Policy.
[/URL]
http://www.businessinsider.com/mansa-musa-the-richest-person-in-history-2016-2
 
DTHK05cU8AAtIA9.jpg:large


Jeff Bezos in 1999. Never give up.

2018: Amazon has over 500,000 employees and has a market value of $571 billion, while Bezos now ranks number one on the Bloomberg index of richest people on earth, surpassing the $100 billion mark.

https://www.cnbc.com/2018/01/09/amazons-jeff-bezos-wealth-hits-105-point-1-billion.html?__source=twitter|main

not yet...

Standard Oil
Trust

John D Rockefeller

By the time Rockefeller died in 1937, his assets equaled 1.5% of America's total economic output. To control an equivalent share today would require a net worth of about $340 billion dollars, more than four times that of Bill Gates


Musa Keita I came into power in 1312. When he was crowned, he was given the name Mansa, meaning king. At the time, much of Europe was famished and in the middle of civil wars, but many African kingdoms were thriving.

Ted-ED
While in power, Mansa Musa expanded the borders of his empire tremendously. He annexed the city of Timbuktu and reestablished power over Gao. All in all, his empire stretched about 2,000 miles.

The New York Public Library
Mansa Musa was in charge of a lot of land. To put it into perspective, he ruled all (or parts) of modern day Mauritania, Senegal, Gambia, Guinea, Burkina Faso, Mali, Niger, Nigeria, and Chad.

The rest of the world caught wind of his great fortune in 1324, when he made the nearly 4,000 mile pilgrimage to Mecca. He didn't do it on the cheap.

Ted-Ed
"Not one to travel on a budget, he brought a caravan stretching as far as the eye could see," reports Smith. "Chroniclers describe an entourage of tens of thousands of soldiers, civilians and slaves, 500 heralds bearing gold staffs and dressed in fine silks, and many camels and horses bearing an abundance of gold bars."

Tinou Bao/flickr
On his stop in Cairo, he spent so much gold and donated so much money to the poor that he caused mass inflation! It would take years for the city to fully recover from the currency crisis.

Cairo, Egypt.
Emad Raúf/flickr
Source: BlackPast.org

The extravagant journey put Mansa Musa on the map — quite literally.

Wikimedia Commons
He was included on the 1375 Catalan Atlas (pictured above), one of the most important world maps of Medieval Europe.

"Material riches weren't the king's only concern," says Smith. "As a devout Muslim, he took a particular interest in Timbuktu." He urbanized the city of Timbuktu by building schools, mosques, and a major university.

Wikimedia Commons
He also built the legendary Djinguereber Mosque in Timbuktu, pictured below, which still stands.

Wikimedia Commons
After reigning for 25 years, Mansa Musa died in 1337. He was succeeded by his son, Maghan I. "The king's rich legacy persisted for generations and to this day, there are mausoleums, libraries, and mosques that stand as a testament to this golden age of Mali's history," says Smith.

Wikimedia Commons
Source: BlackPast.org

Watch Smith's full lesson below:



SEE ALSO:
How old 17 self-made billionaires were when they made their first million
More: Features Wealth History Mansa Musa


* Copyright © 2018 Business Insider Inc. All rights reserved. Registration on or use of this site constitutes acceptance of our Terms of Service and Privacy Policy.

http://www.businessinsider.com/mansa-musa-the-richest-person-in-history-2016-2


I WAS JUST COMING IN TO POST THE GREAT MANSA MUSA...THE RICHEST MAN THAT EVER EXISTED......THIS MOFO ....GAVE AWAY GOLD AS PARTING GIFT AND WHEN HE TRAVELED, HE GAVE OUT GOLD LIKE IT WAS CANDY......BUT THEY DONT TEACH YOU ABOUT HIM IN SCHOOL...SO WE WILL NEVER KNOW.
 
If you go by age and net worth Mark Zuckerberg is the richest person alive at 32 years old and 72bn net worth.
 
Rockefeller = Rothschild

While they lie in the same bed they are different cacs
Rothschild's had bread before the Rockefeller's
The Rothschild's are also jews
The Rockefeller's are not
 
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In 1994 Jeff left a job that would undoubtedly have brought him financial security, quitting in June knowing that he would forgo his annual bonus. He went home to Texas and ultimately borrowed $300,000 from his parents to help start the company that would eventually be called Amazon. (It almost started life named Cadabra.) MacKenzie drove a borrowed pickup toward Seattle while Jeff wrote out the business plan. He told his parents that the odds of failing were 70 percent—fairly generous, he admitted, given the record of most startups—but he wanted to let them know in advance so that he’d still be welcome at Thanksgiving if everything went to hell.
https://www.maxim.com/maxim-man/jeff-bezos-billionaire-fortune-2016-5

This just strengthens Yvette Carnell’s arguments.
 
I really don't think one can count one's wealth. Mansa Musa, if that history is correct, would've been a be zillionaire in todays economy.
 


LOL

They are 50% of online sales. What people need to practice is retail rotation, don't chase the lowest, long term it leads to this where no choice and one employer dominates the job market. The same way you do your tires to get 90,000 miles.

A startup back in the day like this can incur losses each quarter and investors will push up stock, while a company like Sears or Circuit City will expected to earn a profit, otherwise investors will dump the stock.
 
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