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.
There is only so much demand for gold. It only has a value thats high because its rare. If you have a ton its not very valuable anymore. Especially back then before modern technology. We have a lot of practical uses for gold today back then it was basically just used because it doesnt tarnish and its hard to find so its a good store of value.