Mansa Musa, also known as Musa I of Mali, was one of the wealthiest people in history. His net worth has been estimated to be around $400 billion in today’s currency, making him one of the richest people of all time. But how did Mansa Musa acquire his vast wealth? Let’s take a closer look.
Mansa Musa was the ruler of the Mali Empire, which was located in West Africa from the 13th to the 16th century. The Mali Empire was one of the largest and wealthiest empires in Africa, with vast reserves of gold and other resources.
One of the main sources of Mansa Musa’s wealth was the gold trade. The Mali Empire was situated in the heart of West Africa’s gold-producing region, and Mansa Musa had access to vast reserves of the precious metal. He is said to have controlled more than half of the world’s gold supply at the time.
Mansa Musa was also a devout Muslim and made a pilgrimage to Mecca in 1324. He traveled with a vast entourage that included thousands of soldiers, attendants, and slaves. Along the way, he distributed huge amounts of gold to the people he met, which earned him a reputation for generosity and wealth.
Mansa Musa also had a keen sense of economics and invested in trade and commerce. He encouraged the growth of industries such as agriculture, textile production, and metalworking, which helped to increase the wealth of his empire. He also established a system of taxation and trade regulation that helped to fund his government and maintain his vast wealth.
Another source of Mansa Musa’s wealth was his control of the trans-Saharan trade routes. He taxed the caravans that crossed the Sahara, which helped to fund his empire and maintain his wealth. He also established diplomatic relations with other kingdoms and empires, which helped to ensure the stability and security of his realm.
Mansa Musa’s wealth was acquired through a combination of factors, including control of the gold trade, wise investments, taxation, and trade regulation. He also benefited from his location in West Africa’s rich and resourceful region, as well as his strategic alliances and diplomatic relations. Mansa Musa’s wealth was a testament to his political acumen, economic savvy, and his ability to harness the resources of his empire to achieve extraordinary success.