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by karatehammer 4162 days ago
I love it when the richest people in the entire history of civilization tell me how much they are helping us!
2 comments

There are plenty of other rich people doing nothing and also plenty of poor people that help others everyday!
I love it when the richest people in the entire history of civilization

By dollar value, maybe, but adjusted for inflation they aren't even close.

Gates is richer than Rockefeller was, by a factor of upwards of two. So yeah, he's definitely among the richest in world history. He's also easily the richest private citizen (non-government, non-military) in history.

Rockefeller's wealth peaked at between $1 and $2 billion, according to the best records on him, including his biographies and records from the Rockefeller Archives. Inflation adjusting those numbers based on the 1890-1910 time frame in which the dollar was extremely stable for the most part, you get between $20 (20x$1b) and $60 (30x$2b) billion, depending on if you want to use the low ball on his wealth plus a low ball on the inflation adjustment vs the opposite end of the spectrum.

Forbes has estimated Rockefeller's wealth at greater than 300 billion dollars (adjusted to 2006).

http://www.businessinsider.com/richest-people-in-history-201...

Better explanation: "John D. Rockefeller, who became the world’s first billionaire in 1916, a sum equal to $30 billion today, adjusted for inflation. In a sense, this underestimates the oil scion’s wealth. By the time Rockefeller died in 1937, his assets equaled 1.5% of America’s total economic output. To control an equivalent share today would require a net worth of about $340 billion dollars, more than four times that of Bill Gates, currently the world’s richest man." http://www.forbes.com/sites/carlodonnell/2014/07/11/the-rock...