this post was submitted on 18 Nov 2024
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Mansa Musa is said to have been the richest man in human history, possessing in the 14th century AD what could today be considered at least $400 billion, and that's just a lower estimate. Basically, he was richer than Elon Musk.

He was the king of the Mali Empire, located in an area that produced HALF of all gold worldwide.

As a devout Muslim, he later took a pilgrimage to Mecca and was reported to be rather generous on his journey. The man was so absurdly rich that his donations would CAUSE LOCAL ECONOMIES TO HYPERINFLATE BECAUSE OF THE DEVALUATION OF GOLD!

You can read more about him.

Point is, what are yall's thoughts on the richest man in history that got rich by being the lucky king of the biggest producer of gold in the world.

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[โ€“] Xiisadaddy@lemmygrad.ml 17 points 1 day ago (4 children)

Thats not how money works tho. U cant just convert gold into modern value and say he was the richest ever. If you brought a glock back to that time itd be worth more then all his gold combined to the people then. He had lots of gold sure but lots of gold only gets you so far. Thats why he was just throwing it around. He wasnt generous he just didnt need it. Itd be like if you had an unlimited supply of burritos. Youd be giving everyone you met burritos cuz its not like u can eat them all yourself.

Back then trade was pretty limited. Ya he could buy lots of stuff with his gold, but the logistics of that time would be a big limiter. Someone today worth say 100 million has a lot more functional ability to purchase things then mansa musa did.

There is a point at which having more gold just doesnt make you any richer in actuality. Sure numerically if you have 400 billion $ of gold your richer then if you have 300 billion $ of gold, but back then at that point its just rocks. Just like how the towns he went to and tossed gold around the value of gold collapased there his own gold had a much lower value due to the sheer supply.

Its similar to how people say an asteroid may have 3 trillion$ of platinum in it. Sure now it does but as soon as you mine the asteroid and that platinum floods the market its gonna be worth a lot less. So whoever goes and mines the asteroid isnt actually gonna have 3 trillion $.

Even if you teleported Mansa Musa to modern day with all his gold as soon as he starts selling it the value of gold is gonna plummet. He is rich no doubt, but the dollar value of the gold itself is just sensationalism.

[โ€“] Hello_Kitty_enjoyer@hexbear.net 5 points 1 day ago* (last edited 1 day ago)

He wasnt generous he just didnt need it.

by your definition nobody is generous

Ya he could buy lots of stuff with his gold, but the logistics of that time would be a big limiter

he had an entourage of thousands of people come with him to Egypt and the north. He could've bought anything he wanted and transported it back no issue

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