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10 Richest Men Of All Time, Jeff Bezos Is Number 9, Mansa Musa Still Number 1 |The Republican News

by  Tunde Ososanya

The world has a lot of wealthy people who are excelling in their businesses and inspiring others to be like them. These people are not the focus of this article, but the 10 richest men of all time.

Legit.ng brings to you a list of 10 richest men of all time, courtesy of money.com.

10. Genghis Khan

Genghis Khan A. Dagli—De Agostini/Getty Images Source: Getty Images

Genghis Khan of the Mongolian Empire lived between 1162 and 1227. He was a military leader. He was said to be generous with his wealth. According to scholars, Khan never hoarded his wealth.

9. Jeff Bezos

As at the time this list was compiled in 2014, billionaire businessman Bill Gates was number 9, but Jeff Bezos should take that slot since his net worth is now more than Gates’. Bezos is the founder of Amazon. The American industrialist was born on January 12, 1964. He has a net worth of $147.4 billion. Finally! The list of the richest rappers in the world 2019 Jeff Bezos.

Photo credit: Bigography.com Source: UGC 8

8. Alan Rufus (a.k.a. Alan the Red)

Alan Rufus was the nephew of William the Conqueror. He was said to have joined his uncle in the Norman conquest.

According to Philip Beresford and Bill Rubinstein, Rufus died with £11,000. That would amount to $194 billion in 2014 dollars.

Alan Rufus. Photo credit: Bodleian Library Oxford—The Art Archive Source: UGC 7.

7. John D. Rockefeller

John D. Rockefeller lived between 1839 and 1937. He began investing in the petroleum industry in 1863 and by 1880 his Standard Oil company controlled 90% of American oil production. According to his New York Times obituary, Rockefeller was valued at about $1.5 billion. His wealth was equivalent to $341 billion in 2014.

John D. Rockefeller Sr. Seattle Times/JR Partners—Getty Images Source: Getty Images

6. Andrew Carnegie

Andrew Carnegie lived between 1835 and 1919, and he was worth $372 billion.

Andrew Carnegie standing on the steps of his estate, circa 1910s. Corbis Source: UGC

5. Joseph Stalin

Joseph Stalin lived between 1878 and 1953. He controlled USSR’s wealth, which had 9.6% of global GDP. Multiple economists nominated him as one of the richest people of all time because it was almost impossible to separate his wealth from the wealth of the Soviet Union.

Joseph Stalin. Photo credit: Ullstein Bild—Getty Images Source: Getty Images

4. Akbar I

Akbar I lived between 1542 and 1605. He ruled the India’s Mughal Dynasty, which had 25% of global GDP.

Akbar I. Photo credit: Peter Newark Pictures—Bridgeman Images Source: UGC

3. Emperor Shenzong

Emperor Shenzong lived between 1048 and 1085. He ruled the China’s Song Dynasty, which had 25% to 30% of global GDP.

Emperor Shenzong Pictures from History—Bridgeman Images Source: UGC

2. Augustus Caesar

Augustus Caesar lived between 63 BC and 14 AD in Rome. His wealth stood at $4.6 trillion. He was in charge of an empire that accounted for 25% to 30% of the world’s economic output and at one point, he held personal wealth equivalent to one-fifth of his empire’s economy. In 2014, that fortune was equivalent to about $4.6 trillion.

Augustus Caesar. Photo credit: Hoberman Collection—UIG via Getty Images Source: Getty Images

1. Mansa Musa

Mansa Musa, who lived between 1280 and 1337, is the richest man of all time. The 14th century emperor of Mali was richer than anyone could describe.

Mansa Musa. Photo credit: Pinterest Source: UGC Top

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BUSINESS: Alaba, Balogun, Onitsha Market, Others Will Disappear, Replaced By Online Shops, This Is The Future – Ike A. Offor

Alaba International market, Lagos

By Ike A. Offor

The open markets like Alaba International market, Balogun, International trade fair shopping complex, Onitsha main market and vast others will be gone for good for obvious reasons of changing trends in how business is done around the globe. These shops, markets others will be replaced by booming online businesses and shops in no distant future.

Some will think that this is a farfetched idea while some good number of people will recognise the changing trend on how business is done around the globe. The days of people spending time to travel to markets to buy what they need is fast dwindling due to the booming trend of online shops.

Alaba, Balogun and Onitsha main market and countless of other markets around the world will collapse into online markets or shops. There will be no more need to maintain shops in these market and be there in person to sell to customers who come to buy goods of their choice.

Those diehard doubters should ask themselves where are the video shops that filled Idumota, Alaba and Balogun and Onitsha main market of those early days of video and compact discs movie now? Those who were in those businesses of selling video cassettes and compact discs have all gone out of business today. They would have doubted it then if someone told them then that they wil be out of business in less than ten years from then.

So many American video rental shops, like video vendors, film burster and many others disappeared just because the business of renting videos, cassettes and CDs were sent into extinction due to the emergency of YouTube, and Netflix and others like iRokoTV, which has taken over African films. Instead of people watching rented films, they simply go to YouTube, Netflix, iRokoTv to directly watch the same films. This saved them money, space and time.

This same thing is about to happen to many businesses that now sell via open markets by waiting for people to walk in to buy from them. Buying will be done mostly online in the next 15 years or so and running a shop in these main markets will be unprofitable and waste of time.

WAREHOUSES WILL REPLACE MARKETS:

Like every online business, there is no need to have a shop where people walk in to look around and pick up what they need. Rather, the warehouse where these businesses store their goods for onward shippping via various means to be delivered to their customers, who ordered via their online website. These online shops aand owners are getting better and bigger and richer than normal shop onwers and their products they supply are increasing in range. You can buy cars, motorbikes, even houses online without moving a muscle trying to walk into their sellers shops.

The richest man in the world, Jeff Bezos runs the biggest online shop, the Amazon. What does this tell anyone? This simply tells anyone that this is the future means to make real money than runing a shop where people walk in to choose what they want to buy. Anyone can make their choice at the comfort of their home, office or while walking on the street, pay and their goods will be delivered to their doorsteps. This is the future and it is changing fast.

HOW TO AVOID THIS HAPPENING TO YOU:

It is advisable for every business owner in these markets to now start to think about opening and running an online business and begin to get good at it before it is too late and they are forced to go bankrupt like many who were in video and CD rental and sales business. The best way is to be ahead of the pack and think ahead and begin to act now. By the time this comes in the next 15 or so years, they have become good with online shop business. If you doubt this, you will be like those video shop owners who never saw that days will come when the market for videos and CDs will be replaced by YouTube, Netflix and iRokoTV.

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