Many historical individuals have been described as one of "the wealthiest" ever. This list presents individuals prior to the beginning of

contemporary history Contemporary history, in English-language historiography, is a subset of modern history that describes the historical period from approximately 1945 to the present. Contemporary history is either a subset of the late modern period, or it is ...

(which began after

World War II World War II or the Second World War, often abbreviated as WWII or WW2, was a world war that lasted from 1939 to 1945. It involved the World War II by country, vast majority of the world's countries—including all of the great power ...

) and gathers published estimates of their ( inflation-adjusted) net worth. For the period after the

Industrial Revolution The Industrial Revolution was the transition to new manufacturing processes in Great Britain, continental Europe, and the United States, that occurred during the period from around 1760 to about 1820–1840. This transition included going f ...

, wealth can be measured more or less objectively via inflation adjustment. For the periods of history before that, comparison of wealth becomes more problematic, principally due to the inaccuracy or unreliability of records, and also due to the difficulty of comparing a pre-industrial economy to a modern one, and especially in the presence of an

absolute monarchy Absolute monarchy (or Absolutism as a doctrine) is a form of monarchy in which the monarch rules in their own right or power. In an absolute monarchy, the king or queen is by no means limited and has absolute power, though a limited constituti ...

, where an entire kingdom or empire is considered the ruler's personal property. Excluding

monarch A monarch is a head of stateWebster's II New College DictionarMonarch Houghton Mifflin. Boston. 2001. p. 707. Life tenure, for life or until abdication, and therefore the head of state of a monarchy. A monarch may exercise the highest authority ...

s and autocrats, the wealthiest private individuals in the

history of capitalism The history of capitalism is diverse and the concept of capitalism has many debated roots. The history of the past 500 years is concerned with the development of capitalism in its various forms. Capital accumulated by a variety of methods, at a v ...

are variously identified as Jakob Fugger, who was of the Early Modern

Fugger The House of Fugger () is a German upper bourgeois family that was historically a prominent group of European bankers, members of the fifteenth- and sixteenth-century mercantile patriciate of Augsburg, international mercantile bankers, and ven ...

family of merchants and bankers,Daniel Ecker
So wurde Jakob Fugger zum reichsten Menschen der Historie
("This is how Jakob Fugger became the wealthiest person in history"), ''

Die Welt ''Die Welt'' ("The World") is a German national daily newspaper, published as a broadsheet by Axel Springer SE. ''Die Welt'' is the flagship newspaper of the Axel Springer publishing group. Its leading competitors are the '' Frankfurter ...

'', 6 June 2016 . "Auf heutige Verhältnisse hochgerechnet läge das Vermögen des Bauernenkels bei unglaublichen 400 Milliarden Dollar (354 Milliarden Euro). In die Nähe dieses Wertes kamen nur die Rothschilds, die in ihrer Glanzzeit im 19. Jahrhundert die mächtigste Bankiersfamilie der Welt waren" ("Adjusted to current-day conditions, the net worth of the farmer's grandson would be close to astonishing 400 billion dollars (354 billion euro). Only the Rothschild family, at their peak in the 19th century the most powerful family of bankers, came close to such a figure.") prominent figures of

India India, officially the Republic of India (Hindi: ), is a country in South Asia. It is the List of countries and dependencies by area, seventh-largest country by area, the List of countries and dependencies by population, second-most populous ...

Delhi Sultanate The Delhi Sultanate was an Islamic empire based in Delhi that stretched over large parts of the Indian subcontinent for 320 years (1206–1526).

Bengal Sultanate The Sultanate of Bengal ( Middle Bengali: শাহী বাঙ্গালা ''Shahī Baṅgala'', Classical Persian: ''Saltanat-e-Bangālah'') was an empire based in Bengal for much of the 14th, 15th and 16th centuries. It was the domina ...

and the

Mughal Empire The Mughal Empire was an early-modern empire that controlled much of South Asia between the 16th and 19th centuries. Quote: "Although the first two Timurid emperors and many of their noblemen were recent migrants to the subcontinent, the d ...

and early-20th-century American entrepreneurs

Andrew Carnegie Andrew Carnegie (, ; November 25, 1835August 11, 1919) was a Scottish-American industrialist and philanthropist. Carnegie led the expansion of the American steel industry in the late 19th century and became one of the richest Americans in ...

listed at 372 billion US$2014 by Jacob Davidson
time.com The 10 Richest People of All Time
30 July 2015: "Rockefeller gets all the press, but Andrew Carnegie may be the richest American of all time. The Scottish immigrant sold his company, U.S. Steel, to J.P. Morgan for $480 million in 1901. That sum equates to about slightly over 2.1% of U.S. GDP at the time, giving Carnegie economic power equivalent to $372 billion in 2014." and John D. Rockefeller. While the

Rothschild family The Rothschild family ( , ) is a wealthy Ashkenazi Jewish family originally from Frankfurt that rose to prominence with Mayer Amschel Rothschild (1744–1812), a court factor to the German Landgraves of Hesse-Kassel in the Free City of Fr ...

rose to the status of the wealthiest family of bankers in the 19th century, their wealth was distributed among a number of family members, preventing them from appearing among the wealthiest of individuals. The richest among the Rothschilds was the head of its English branch—

Nathan Mayer Rothschild Nathan Mayer Rothschild (16 September 1777 – 28 July 1836) was an English-German banker, businessman and financier. Born in Frankfurt am Main in Germany, he was the third of the five sons of Gutle (Schnapper) and Mayer Amschel Rothschild, a ...

—the richest person of his time. Bernstein and Swan in ''All the Money in the World'' (2008) mention the top four richest Americans ever—all

tycoons A business magnate, also known as a tycoon, is a person who has achieved immense wealth through the ownership of multiple lines of enterprise. The term characteristically refers to a powerful entrepreneur or investor who controls, through pers ...

of the

Gilded Age In United States history, the Gilded Age was an era extending roughly from 1877 to 1900, which was sandwiched between the Reconstruction era and the Progressive Era. It was a time of rapid economic growth, especially in the Northern and Wes ...

—respectively: John D. Rockefeller,

Cornelius Vanderbilt Cornelius Vanderbilt (May 27, 1794 – January 4, 1877), nicknamed "the Commodore", was an American business magnate who built his wealth in railroads and shipping. After working with his father's business, Vanderbilt worked his way into lead ...

, and William Henry Vanderbilt.

Henry Ford Henry Ford (July 30, 1863 – April 7, 1947) was an American industrialist, business magnate, founder of the Ford Motor Company, and chief developer of the assembly line technique of mass production. By creating the first automobile that ...

was ranked only the 12th. According to Close (2016), the wealthiest woman in the history of capitalism, excluding monarchs, was ''

L'Oréal L'Oréal S.A. () is a French personal care company headquartered in Clichy, Hauts-de-Seine with a registered office in Paris. It is the world's largest cosmetics company and has developed activities in the field concentrating on hair color, ...

'' heiress

Liliane Bettencourt Liliane Henriette Charlotte Bettencourt (; née Schueller; 21 October 1922 – 21 September 2017) was a French heiress, socialite and businesswoman. She was one of the principal shareholders of L'Oréal. At the time of her death, she was the ...

, whose net worth was $40.7 billion in 2015.Kerry Close
The 10 Richest Women of All Time
time.com, 1 February 2016. Bettencourt ranks at #6 in this list, after five ancient rulers and monarchs of the Middle Ages and early modern period. Including monarchs, he mentions Empress Wu for Antiquity,

Razia Sultana Raziyyat-Ud-Dunya Wa Ud-Din ( fa, ) (died 15 October 1240, ), popularly known as Razia Sultana, was a ruler of the Delhi Sultanate in the northern part of the Indian subcontinent. She was the first female Muslim ruler of the subcontinent, and ...

and Isabella of Castile for Middle Ages, and

Catherine the Great , en, Catherine Alexeievna Romanova, link=yes , house = , father = Christian August, Prince of Anhalt-Zerbst , mother = Joanna Elisabeth of Holstein-Gottorp , birth_date = , birth_name = Princess Sophie of Anha ...

for modern history.

Private individuals

Post-antiquity heads of state

Absolute rulers or conquerors are sometimes listed for the territory they controlled rather than for their immediate personal wealth. Davidson (2015) for TIME.com listed the four

Mughal emperors The Mughal emperors ( fa, , Pādishāhān) were the supreme heads of state of the Mughal Empire on the Indian subcontinent, mainly corresponding to the modern countries of India, Pakistan, Afghanistan and Bangladesh. The Mughal rulers styled ...

(

Akbar Abu'l-Fath Jalal-ud-din Muhammad Akbar (25 October 1542 – 27 October 1605), popularly known as Akbar the Great ( fa, ), and also as Akbar I (), was the third Mughal emperor, who reigned from 1556 to 1605. Akbar succeeded his father, Hum ...

Jahangir Nur-ud-Din Muhammad Salim (30 August 1569 – 28 October 1627), known by his imperial name Jahangir (; ), was the fourth Mughal Emperor, who ruled from 1605 until he died in 1627. He was named after the Indian Sufi saint, Salim Chishti. Ear ...

Shah Jahan Shihab-ud-Din Muhammad Khurram (5 January 1592 – 22 January 1666), better known by his regnal name Shah Jahan I (; ), was the fifth emperor of the Mughal Empire, reigning from January 1628 until July 1658. Under his emperorship, the Mugha ...

and

Aurangzeb Muhi al-Din Muhammad (; – 3 March 1707), commonly known as ( fa, , lit=Ornament of the Throne) and by his regnal title Alamgir ( fa, , translit=ʿĀlamgīr, lit=Conqueror of the World), was the sixth emperor of the Mughal Empire, ruling ...

) and their ancestors

Genghis Khan Genghis Khan (born Temüjin; ; xng, Temüjin, script=Latn; ., name=Temujin – August 25, 1227) was the founder and first Great Khan (Emperor) of the Mongol Empire, which became the List of largest empires, largest contiguous empire in history a ...

and

Timur Timur ; chg, ''Aqsaq Temür'', 'Timur the Lame') or as ''Sahib-i-Qiran'' ( 'Lord of the Auspicious Conjunction'), his epithet. ( chg, ''Temür'', 'Iron'; 9 April 133617–19 February 1405), later Timūr Gurkānī ( chg, ''Temür Kü ...

as being the wealthiest historical figures based on their imperial possessions, while

Alan Rufus Alan Rufus, alternatively Alanus Rufus ( Latin), Alan ar Rouz ( Breton), Alain le Roux ( French) or Alan the Red (c. 1040 – 1093), 1st Lord of Richmond, was a Breton nobleman, kinsman and companion of William the Conqueror (Duke William II o ...

is listed as one of the wealthiest historical figures for his immediate possessions within the

feudal Feudalism, also known as the feudal system, was the combination of the legal, economic, military, cultural and political customs that flourished in medieval Europe between the 9th and 15th centuries. Broadly defined, it was a way of structur ...

system of

Norman England England in the High Middle Ages includes the history of England between the Norman Conquest in 1066 and the death of King John, considered by some to be the last of the Angevin kings of England, in 1216. A disputed succession and victory at the ...

Antiquity

For

Classical Antiquity Classical antiquity (also the classical era, classical period or classical age) is the period of cultural history between the 8th century BC and the 5th century AD centred on the Mediterranean Sea, comprising the interlocking civilizations of ...

, even more than for the

High Middle Ages The High Middle Ages, or High Medieval Period, was the periodization, period of European history that lasted from AD 1000 to 1300. The High Middle Ages were preceded by the Early Middle Ages and were followed by the Late Middle Ages, which ended ...

, the definition of personal wealth becomes difficult to compare with the modern period; especially in the case of divine kings such as the

pharaoh Pharaoh (, ; Egyptian: '' pr ꜥꜣ''; cop, , Pǝrro; Biblical Hebrew: ''Parʿō'') is the vernacular term often used by modern authors for the kings of ancient Egypt who ruled as monarchs from the First Dynasty (c. 3150 BC) until th ...

s and Roman Emperors, where an entire empire might be considered the personal property of a deified emperor.

References

General bibliography

External links

THE 10 RICHEST PEOPLE OF ALL TIME - Money article

The 20 Richest People Of All Time - businessinsider.com article
{{Extreme wealth Wealthiest historical figures Wealthiest historical figures Historical figures