Mansa Musa Net Worth in Rands
You might want to know about Mansa Musa and his net worth since he is still the richest person to ever walk this planet, even when comparing the accumulated net worth of two of the richest people of the present times. He inherited some of his wealth from the kingdom and then used the primary resources of his kingdom to triple his wealth within a few years.
His story is really inspiring as he worked himself into the ground when he had enough money to spend his entire life lavishly. He worked toward the betterment of his kingdom and his people and in doing so, he also made quiet a lot of money. For further details, keep reading down below.
Mansa Musa And His Net Worth
- Complete Name: Mansa Musa
- Profession: Kind of Mali Empire
- Estimated Net Worth: R 7420 billion
- Other Income Sources: Trading and mining
Mansa Musa was the ninth Ruler of the Mali empire, and he inherited a large kingdom upon the death of his father. He had a genius for successful trading and hence made a huge empire based on this skill of his. Other than that, the major contributor to his significant wealth was the fact that his kingdom was rich in precious minerals such as gold, salt, and gems.
So, he would get his people to work in these mines and extract those precious minerals. After that, those minerals would get refined in specialized machines and properly packaged before they were traded for huge financial gains. This unique way of presenting and selling his minerals to the world was new and considered extravagant.
Hence, he would be able to get the desired price for his goods when he presented them to the traders and merchants. It was a genius idea at that time, and it significantly added to his wealth. This is the reason why he is still considered the richest man in history, with a total net worth of about R 7420 billion.
Mansa Musa’s Career As The King Of Africa
Mansa Musa was indeed one of the richest people in world history. He was an African king born in 1280 and came to power back in 1312. He was initially appointed Deputy by his father, Abu Bakr II, before he went on an expedition with a huge fleet of ships toward the edge of the Atlantic Ocean.
This appointment from Deputy to the Ruler changed when Abu Bakr failed to come back from his expedition for a very long period of time. It was assumed that the ships sank and there were no survivors. Immediately after he came to power, he assumed his new position with great enthusiasm and immediately started making changes to his kingdom.
The kingdom he inherited was huge and was one of the richest lands in the world at that time, but somehow, he managed to double and triple his wealth in the course of his lifetime. He was a very successful ruler who was able to keep his people happy as well as accumulate vast wealth simultaneously.
Mansa Musa Assets
An Entire Kingdom
Mansa Musa was a very successful African ruler who inherited an entire kingdom back in 1312 when his father failed to return from a sea expedition. It was a huge kingdom; in fact, it was one of the biggest kingdoms in world history. The best part about it is that it was a self-sufficient kingdom with every resource available within.
Mineral Mines
The kingdom Mansa Musa inherited was God-gifted with every kind of mineral mine imaginable. In fact, it had the biggest Gold mine, which contributed more than half of old gold back in the day. Other than that, there were also salt mines and gemstones within the soil of this kingdom, and everything belonged to Mansa Musa.
Fertile Land
The kingdom of Mansa Musa was also gifted with the most fertile land imaginable. The crops grown in that soil would flourish and give the best yield ever. The produce of the crops was beyond the needs of the people of the kingdom; hence, the surplus would be packed up and traded off to other kingdoms and outsiders in exchange for gold and valuable minerals.
FAQs
How much will Mansa Musa be worth today?
Mansa Musa should be worth about R 7420 billion today after inflationary and tax adjustments. It means that his wealth is still twice that of the accumulated net worth of Jeff Bezos and Elon Musk combined. Even the richest person of today’s time does not have enough wealth to cross the net worth threshold of Mansa Musa.
How did Mansa Musa make so much money?
Since Mansa Musa was a king, he inherited most of his wealth with the crown and the kingdom. His kingdom was rich in minerals, had fertile soil, and had a large labor force. So, Mansa found a way to export all the extra produce and minerals from his kingdom to other kingdoms and merchants at a good price.
What was the major source of Mansa Musa’s Wealth?
The major source of Mansa Musa’s wealth was the abundant gold mines in his kingdom. According to historians, it is claimed that the total gold fund in his kingdom was about half the old gold in the entire world! He made it a point to extract all that gold and sell it off at a decent price.
The Bottom Line
So, it is safe to say that the ancient African king was indeed a very wealthy man who spent his life successfully accumulating as much wealth as imaginable. His kingdom was gifted with the most fertile soil, valuable minerals, and a large labor force. And he made sure to use each and every one of these gifts to make his people happy and fill up his coffers to the fullest.
He found ingenious ways to utilize the resources that were so abundant in his very own kingdom. And in doing so, he was able to accumulate so much wealth that even his forebears. Hence, he is still claimed to be the richest person to ever live on this planet.