How Mansa Musa Became The Richest Person In History

Mansa Musa, hailed as the wealthiest individual ever, was the powerful king of the Malian Empire during the 1300s. His leadership brought numerous benefits to the region and its inhabitants. Dive deeper into the captivating tale of history’s wealthiest individual.

Upon first hearing of Mansa Musa, it’s easy to speculate that he was born into riches or had an unforeseen windfall. However, the truth behind Mansa Musa’s fortune is far more compelling.

Born circa 1280 CE in the city of Niani, Mansa Musa eventually held a deputy role, positioning him as the temporary leader if a situation arose concerning the reigning monarch.

His selection wasn’t mere chance; Sundiata Keita, the Mali Empire’s founder, was Musa’s great-uncle. Intriguingly, the then-monarch, Muhammad ibn Qu, was fervently curious about the Atlantic’s mysteries.

As noted by historian Shibab al-Umari, the king embarked on a voyage with a fleet of about 2,000 vessels, accompanied by countless men, women, and bondsmen. This expedition reportedly never made its way back, with the king’s fate being ambiguous.

In the monarch’s absence, the mantle of leadership fell upon Musa, gifting him immense power and riches. By today’s metrics, Mansa Musa’s affluence was staggering. His estimated net worth was roughly $400 billion, dwarfing contemporary billionaires like Bill Gates and Jeff Bezos.

The vast reserves of gold and salt in the empire significantly contributed to his wealth. He augmented his fortune through endeavors like trading and extracting gold and dealing in elephant ivory. Reports suggest he held nearly half the world’s gold reserves at the time of his demise.

Additionally, Mansa Musa held vast lands, large herds, and numerous bondsmen. The Mali Empire boasted some of Africa’s premier trading hubs. Key trading towns like Timbuktu and Gao were pivotal junctures in the trans-Saharan trade network.

These bustling urban centers attracted global traders, trading in commodities like gold, salt, bondsmen, Kola nuts, ivory, and aromatic herbs. Mansa Musa not only safeguarded these trade pathways from raiders but also extracted wealth by controlling and taxing them.

The revenues funded his lavish lifestyle and monumental projects across Mali. Although Mansa Musa was benevolent, his fame was mostly confined to the Malian territory. It’s unclear if this fact influenced him, but in 1324, he embarked on his Hajj.

He wasn’t solitary; accompanying him were 60,000 men and 12,000 bondsmen. Records detail that even the bondsmen donned gold and Persian silk, each brandishing a six-pound golden staff. Moreover, around 80 camels bore 300 pounds of gold each.

This opulent caravan journeyed almost 4,000 miles. Throughout his voyage, Mansa Musa generously aided the needy and funded mosque constructions. His generosity in gifting gold led to surging inflation in Cairo and Medina.

Reportedly, Cairo’s economy took a dozen years to stabilize after his visit. While his pilgrimage was rooted in faith, it was also strategic. He annexed Gao, and by his tenure’s end, the empire spanned territories like present-day Senegal, Gambia, Guinea, Chad, Nigeria, Niger, and Mauritania.

On this journey, he founded universities and mosques. His munificence towards intellectuals and artisans marked him as one of Africa’s erudite rulers. Crucially, he played a pivotal role in elevating Timbuktu into a knowledge epicenter.

Post-Hajj, he returned with craftsmen and scholars from Cairo and Medina, aiding Timbuktu’s transformation into a flourishing trade city and a nexus for eminent Islamic institutions. Mansa Musa’s life journey ended in 1337 after his Mecca sojourn.

The exact reason remains uncertain, but it’s speculated he fell ill during the pilgrimage. Though Mansa Musa never set foot in Europe, tales of his affluence resonated there.

The 1375 Catalan Atlas, crafted by Abraham Cresques, a Spanish mapmaker, portrayed him donned in golden attire, clutching a golden staff and a large gold nugget, which may have been an embellishment.

Despite a reign spanning two decades, Mansa Musa’s influence persists. He was not only opulent but also philanthropic, funding educational institutes, libraries, and healthcare centers in Mali. His enduring mark is evident in Mali’s religious structures, academic hubs, and cultural traditions.