Thank you for the new videos everyday they make my day a little better I try to watch them all... loyalty program for loyal viewers ? Lol .... I’ll see myself out
This man almost singularly financed the events that led to the Protestant reformation, as a history nerd I had no idea this was the case and I am truly astonished
That might be a bit of an overstatement. Discontent with the Church had been ongoing for centuries by the time of the Reformation. Having two or three popes at the same time after the Papal Schism and the fact that for some time the popes had been controlled by an earthly lord as was the King of France didn´t help. The origins of the reformation are rooted in the 14th century, long before Fugger was born. There are even cases comparable to Luteran Protestantism since as early as the 12th Century (Peter Waldo).
Sultan Suleiman, and arab traders financed all of the protestant movements by sending vast quantities of gold into central europe through Spain via caravan. They even financed Dutch pirates to such an absurd degree that they flew a crescent flag for centuries raiding catholic countries. Martin Luther in his personal letters to Sultan Suleiman the magnificent declared that he would prefer Islamic rule in europe over christian.
Cavemen 40,000 years ago? The Indians have temples that will boggle the mind and Lingam that old. Yea, they don't teach us THAT stuff over here in western civ!
@@Dev-In-Denver123 The agricultural revolution started 12,000 years ago, meaning humans first started growing crops on fixed feilds 12000 years ago (compared to walking around like nomads and collection crops) Thus the first towns, refering to a fixed place of several families, were builts about 8000 years ago. 40,000 years ago, your claim is impossible, as the first agricultural revolution hadnt occured and families hadnt been collected into an fixed location, as needed for a temple to be built. For your intrest, the oldest towns known in india are about 3-5000 years old, and the oldest known major building in India is abiut 4000 years old. If you need sources, they will be supplied: keep in mind these are optimisitc estimations. There is a reason why that isnt taught in western civilations, and thats because its extremly incorrect info. Stop lying and go and get an education. Youre embarrising yourself.
People like that can’t just “call it a day”. They’re just incapable of it, if you look at people are actually worth 100BN, only the kind of people that don’t know how to stop have managed it.
Being worth $1B means your enterprise in it's entirety is worth $1B. Not that you have one billion dollars in cash. Yes you are stupid rich, but most of it is assets, not liquid capital. And you can be worth billions while owing twice as much as is the case with countries like USA and Brazil.
He didn’t have 100 billion in today’s dollars. This video is inaccurate because that amount of wealth hasn’t been created at that time. That’s like saying Cavemen were trillionaires if they became a ruler.
Jeremy Owens imagine how the world would be if ppl as rich as that helped the rest of the world who didn't have this . And then if that mentality was passed down to all the other wealthy ppl .. this world would be a place where poverty wouldn't even be thought of
@@youtuber6185 so youre saying a mathematic equation for breaking down the value of money based on inflation is... Incorrect? We can always deduce how much money was worth in a given time period if we have evidence of what transactions were back then. If it was 1 Roman dollar for a slice of bread, and nowadays its 10, adjusted for inflation, the Roman man would have 10 dollars in modern money. What about this is difficult to understand? Furthermore even if we did know that cavemen gave each other 4 seashells for a fish or something like that, the same equation applies. If its 4.99 for a fish in modern times, we can deduce the seashells were worth approximately 1.25
I was born in Augsburg, where the Fuggers stem from. You can still see the former wealth in the city. If you go to Bavaria, you should definitely pay Augsburg a visit (about 60 km away from Munich).
How much was Ghadaffi actually worth? Wasn't it far more than what he's given credit for? Also, if he had actually been able to create a gold backed currency like he wanted to, and sold his oil with said money, wouldn't he have crippled the world's economy and devalued all of the Fiat currency thus making him astronomically wealthy? Wait a darn minute there... Didn't Saddam. Hussein also want to create a gold backed money? Am I stumbling onto something here? Maybe that's why they lied about Iraq having WMDs. And maybe that's why the CIA stirred up a phony civil war in Lybia and armed the rebels, even though Ghadaffi had housed every Lybian, and also made electricity and water human rights, as well as paying for education, even if it was abroad. Perhaps these men weren't killed for the reasons we're told, but because they were extremely wealthy and we're determined to create gold backed money. They also both had oil, and did not want to sell it in the US petrodollar, but in their own, gold backed money instead. Perhaps we've been lied to and the international banking cartel has far more power than we can imagine, and even the military-industrial complex must bend the knee to the will of the cartel of international central bankers and their families. Perhaps they have far more influence politically than we would have thought possible, and thus they push for constant war because it is so good for business. Not only by supplying both sides, but also by preventing any country who would claim their independence from the international banking cartel and their parasitic central banks. Perhaps this was the real reason that WW2 started, and the real reason the Nazis were vilified in the press long before any accusations of a Holocaust could be made. And perhaps this is why things escalated to the point of ending the war by total destruction of the Nazi party and any holdover Nazis of influence themselves via the Nuremberg trials (even though all sides were guilty of viscious war crimes, most notably the Soviets and the Japanese). Because even though, as it is reported that Jewish bankers were supplying the Axis with loans to fund their war machine, it got too dangerous when it appeared that they may either win or consolidate their conquests and display to the world a prosperous society free of the clutches of international bankers. Perhaps there is far more going on than we are allowed to believe. Or maybe not. That's probably all just a big conspiracy theory.
In the 1980s I was stationed in Augsburg in the US Army. There are statues and plaques about the Fugger's all over the place. I really liked Augsburg. Great place.
You make endlessly binge watching new videos on RUclips from one person a thing. Thank you for being the jesus of facts, the bringer of knowledge and the Simon of Whistler's
Essentially he is the richest man with quantifiable wealth, quantifying all the gold and palaces and land, essentially owning a country is not easily possible
I had heard that John D. Rockefeller was the richest, but neither he nor Fugger had access to antibiotics, and neither of them could fly on a jet, but we can, s I'm not losing sleep or suffering envy over their riches.
@@jacqueslefave4296 exactly, measured in coin they were among the richest. however, measured in the amount of products and services that were available to them the poor in first world countries today are far richer.
and then Crassus took an arrow to the knee. or eye. almost same. parthian horse archers don't care if you're filthy rich. if you happen to be on their soil illegitimately, they're going to wreck you :D
I thought it was the African king that carried so much gold he devalued the international gold value at the time (1400s). You did the documentary on that guy, I think.
That would be Mansa Musa. The guy who was so rich that he completely destroyed the economy of Alexandria with runaway inflation just by vacationing there for a few days.
I've read about a king Musa I of Mali who was the richest man ever. He made places he traveled through wealthy and spent so much money on a trip that the price of gold plummeted and almost broke Egypt. He had a caravan miles and miles long.
Yes. Just imagine - even today, he gets people to regularly pray for his soul! After more than 500 years. As has been said, the rent is less than a Euro per year, plus the three prayers per day. :-)
Ари Фёдорович Welcome to RUclips. I've seen comments sections where as many as 25 people make identical comments. I guess they're so eager to see their name in print they can't be bothered to read other comments first. It drives me crazy.
amai pls .....I guess that’s true. I mean, wanting to argue what other people said is pointless. They just want their names or maybe they just don’t read comments but then why bother commenting if you yourself don’t read other peoples comments? Oh well.
@Get Ass no Augustus's state wasn't as centralised as Mali and Mali was responsible for the majority of the gold mining in the world. Moreover Augustus wasn't rich enough to inflate the economy of the middle East when he went on holiday there
‘ Crass” comes from Crassus. I read somewhere that said Crassus owned the only fire brigades in Rome. He would bargain the price of his service as your house burned, and often bought up what was left or took control of the house and land when he was done as a fee. No-one wanted to be held accountable for their neighbours homes catching fire from their house burning. So the fire had to be extinguished. Imagine doing business with some one of that morality. It’s no wonder he was so wealthy.
Thank you for the short version of the story. One detail always makes me laugh when I think of it: Jakob F. gave loan to broke Emperor Max. I so he could setup an army to help the Hungarian king against the Turks. For that Max I. was to inherit the Hungarian crown. For the coronation ceremony Max I couldn‘t afford adequat clothing and borrowed it from Jakob who had Max I. sign a letter of agreement that this was not a present. After the coronation the new king of Hungary gave back the garment and got a receipt for returning it safely. What a powerful emperor.
still remember my history teacher saying "not the FUUCKKKEERRSS but the fuggersssss" this perplexed me so much as he looked like a saint and i never thought he'd use such words lol
@@Strandboogie the difference between Jakob Fugger and Masa Musa is that Jakob's fortune is recorded well, while Masa Musa wealth isn't recorded but estimated.
For reference, the world's current richest individual (Bernard Arnault) is only worth $211 billion, A disgusting amount of money but it does put into perspective just how rich Fugger was. Also, consider how most of Arnault's money isn't usable cash because it is instead tied up in intangible assets like shares in LVMH and it gets even more insane.
1:10 - Chapter 0 - Just how rich is rich ? 3:10 - Chapter 1 - A privileged upbringing 6:20 - Mid roll ads 7:45 - Chapter 2 - A first taste of wealth & power 14:55 - Chapter 3 - Bankers to the rich, the noble and the elite 18:15 - Chapter 3 - A florin goes a long way
Been waiting forever for this guy’s Biographic! Thanks Simon & team 👌🏾😎
4 года назад+54
Marcus Licinius Crassus was able to afford renting an army, greater than the army of the roman empire, ignore the senates veridct and invade the parthians... not that it did him any good though.
@@naddarr1 Ya, but not only was this just something he had done with his wealth and not proof of his immense wealth (ie Bezos has yachts, but those yachts don't betray how truely wealthy he is).......but this wasn't like raising some rinky dinky army......what Crassus did would be like if some private billionaire funded an army that could rival the most powerful in the world today, not some meager mercenary army but a force capable of invading other empires.
4 года назад+6
@@naddarr1 yeah, but crassus could rent an army far bigger than the combined ones of the largest empire of his time and wage a war against the second largest empire as a private endeavour, while the supposedly most powerful men, the ones with armys at their commands, where occupied in a civil war commanding armies that where smaller in size even combined, than the one crassus had. the only thing that could stop him was hybris and boy it did! (not to downplat the role of the partians of course, its just the form hybris chose to take that week) to be that rich in todays world would involve renting an army bigger than the u.s. army (navy, air and space force included) to invade china & russia... currently no one is that rich (yet).
@ Today, may 16th 2020, there is an article in the new york post about the possibility that Jeff Bezos could become the first trillionaire by 2026. And he allready holds an adviser position in the secret service and defence departments. P.S.: Ich hätte auch auf deutsch geschrieben, habe nur befürchtet andere würden direkt annehmen die Deutschen übernähmen direkt wieder den Kommentarbereich. ;)
All Roman generals 'rented' their Army, as is was up to the general to pay the soldiers and equip them. Hence why Caesar almost went broke several times.
Mansa Musa was a king so they are put in a different category because his wealthy came from just decreeing all the gold was his and killed everyone who owned the mines.
Mansa Musa is a fairytale...Richest person ever is either Octavian Avgustus,Alexander the Great,Genghis Khan or some other conqueror if you look at it from a standpoint of who rules the land,everything on it is his.This guy in the vid is the richest person not in power.Different category.
What is perhaps a more important lesson we can learn is that wealth is ephemeral. People move up and down the wealth scales. The 1% is NOT fixed. Yes, the wealthy will always be there but the people occupying that position is definitely not fixed. We see uncounted examples of the veracity of this throughout history. This is of course worthy of considering and creating one's own opportunities to take up the march towards success in our own lives.
Simon, you're the hardest working man in show business. I've been busy lately so I haven't been as attentive the last few months, but if you haven't, please do a Biographic on Charles Koch.
@@bradbutcher3984 his writers suck ass anyway. Almost every video has some factually incorrect information, and they add a pompous British spin on so many things, filling in the gaps in information with their own ego.
Funny thing about Martin Luther - Luther's father was a copper miner in his early days and ended up owning several copper mines and smelters himself. It is possible that Luther's father had dealings with Jakob Fugger or the Fugger family.
The Hungarian word for "mean" - "fukar" actually derivates from "Fugger" according to linguists. Apparently the activity of Jakob didn't leave a good impression on ordinary people here...😅
Mansa Musa’s wealth cannot be measured, but that does not mean he was the richest man to ever live. Fugger controlled every copper mine in Europe, and while that’s not as glamorous as gold, the sheer worth of it in the era Fugger lived dwarfed the value of Gold both in Musa’s time and in his own Era.
@@Lost_Pikachu Nobody really knows how much Putin actually stole, but he has a second currency besides money, and that is power and fear. If he really wants something money can't buy, he makes sure he gets it by fear, power and manipulation.
What about Mansa Musa of Mali about 1312 to 1337, whose wealth was discovered and shocked by the world on his way to Mecca? Thanks for your work so far.
I was stationed in Augsburg in the 80’s and have been back a couple of times just to visit. A beautiful city that still has Fugger,s influence stamped all over it
Simon, im an accountant, we still use the same double entry book keeping they used in Venice and I believe they would of used on the silk road in the 1400s 🙂
You are confusing simony with the ordinary transfer of benefices. The elevation of the Hohenzollern to Mainz was not simony, no matter how much money changed hands. Leo did not sell the the bishopric of Mainz. Every benefice holder would pay the equivalent of one year's revenue to the institutions of the Catholic Church. Nearly all benefices came with lands that produced revenue that served to support the institution in the particular place. To say that they were "sold" is a terrible anachronism.
Once you hit $100 billion, the Dailey interest( money the bank pays you to leave your money in the bank) is somewhere around 10-13 million a day.....at that point, it doesn’t really matter who is the richest, because who the hell can spend $10 million a day, every day? Other than real estate, you would run out of things to buy after 6 months.
I know you probably don’t actually read all the comments you get but I just wanted to thank you Simon, and everyone who puts these together. I’m a huge political junkie and so my day consists of arguments and policies and just senseless bickering and it’s just so nice to be able to turn something on that’s not trying to tell me what I believe or why what I believe is wrong. You tell these fantastic stories of fantastical men and women from history and for a moment I can forget the chaos of the present and unwind. I really hope you all continue what you’re doing and I thought you deserved to know how you make this world a little better, if only mine.
I believe Solomon was the richest man who ever lived.King Solomon of Israel - peak net worth: $2 trillion (£1.42trn) According to the Bible, King Solomon ruled from 970 BC to 931 BC, and during this time he is said to have received 25 tons of gold for each of the 39 years of his reign, which would be worth billions of dollars in 2016.
19:38 - Magellan's expedition was financed almost entirely by the Spanish Crown. The thing is that Charles V was in debt and he took a loan from Fugger to pay the expedition, but as far as I know, Fugger didn't directly finance the expedition himself, he just lent money to a king.
A tyre company once had the slogan "power is nothing without control" Same for money: if you don't wield the power to go along with it, you're just a kid with a big allowance
This was a GREAT video, usually you only hear of the 12 years of Germany (ya the bad ones in the 30's and 40's). I have heard of the Fuggerei in Augsburg but not much of the history. Smart women in the family who deserve their place and just plain smart business practice on Jakob's part.
Great video! As been brought up and still living in the mentioned Schwaz/Austria I would like to point out the fact, that at the time approx. 95% of the,then known, worlds silver came from the mines in Schwaz. After discovering America and South America, the silver from Schwaz was to expensive which also led to the weaking of that i come. Parts of the miney can still be visoted today! Do so wheni Tirol - perfect as a "wet day to-do "
Money is more or less irrelevant in the long run. Case in point: I have never heard of this fucker before, even though he was so rich. However we've all heard of Archimedes, Pythagoras, Newton, Einstein, etc.
@idoj654123 I did not expect the Spanish inqusition. Have you considered this is a miscellaneous youtube comment thread and not the British parliament?
A capitalist and an emperor/king are different. If you numerate emperor Shenzong's wealth and include all of his "subjects", you would get somewhere around $108 Trillion. As far as I know, there is no differential between personal wealth and empire wealth on the east back then.
Richest man who ever lived in Europe perhaps,that again is debatable on what you perceive as being rich. Crassus had enough wealth to buy a gigantic army
Erik Stone Musa was the richest but because he caused countries to bankrupt because he was so rich you can’t equivalent it to a money amount because it would just be a guess.
idoj654123 what are you on about ? You said mansa did nothing with his gold but there are mosques and much more . He generous enough to give his gold to the poor “sadaqah” . He even tried to replicate his empire as Mecca .
Camo Dude Mansa muss owned over 400 billion dollars of gold. The richest man alive today has 40 billion. If they’re was a person who had more, we would know.
King 8828 the richest person alive that we know of today has 110B+. I don’t know where you got 40, probably where you got “muh mansa musa” so I would seriously question that source.
Camo Dude no. Mansa musa owned 400 billion. Jeff bazos has 100 billion. It is true his company’s are worth more but him as a person has around 100 billion dollars. Mansa musa owned over 400 billion dollars to himself.
@@EA-rc6xc Well.. that isn´t quite trough. The family still exists. And the money wasn´t lost. They simply switched from beeing a merchant family to a noble family. And the money to obtain the "Fuggerei" still comes from theyre wealth
He is not as rich as Mansa Musa... a man who broke the economy of Egypt as a result of the Gold he shared on his way for pilgrimage to Mecca from Timbuktu.. present day Mali
If you crunch the numbers on how much gold he took to his hajj, it would be worth about 1.5 Billion USD in today's standards. Of course, one would say that it's only pocket change for his travels, but this little publicity stunt absolutely wrecked the Malian economy, so that the fiscal restraints were still felt by ibn Battuta 30 years later. Mansa Musa is no different from a NFL quarterback who spends all his money on hookers and coke and is broke within a few years.
You also have to consider that the Mali kingdom was in Africa and let's face the facts here. A king in Africa could never even dream about the power and influence someone like Fugger had in the world. Sometimes being rich is not only about how much gold someone has but rather how much he can do with his gold.
The first 500 people to click the link will get 2 months of Skillshare Premium for FREE: skl.sh/biographics6
Biographics yay thank you Simon!! Can’t watch now but thanks anyways
Thank you for the new videos everyday they make my day a little better I try to watch them all... loyalty program for loyal viewers ? Lol .... I’ll see myself out
@Biographics - How bout CAIAPHAS? Is he really Bad? This is also in time for the upcoming lent season of the catholics 🙂
The green glare in your glasses is very annoying.
@@DustinFette that's no green glare! That's Simon's reptilian shape shifting nature coming out.
After I’ve seen 16 ads during this video, you must make a part two of this video and talk about how you became the second richest man in history
Toni hahahahahaha
add blocker
Major Disaster doesn’t work on iOS and I like to give the creators what they deserve when they show ads. But he overdid it
Toni I seen 2 ads.
I was like bro what you mean and then remembered I have premium lmao, not tryna flex I’m not ballin I just got it drunk and forgot 😂
This man almost singularly financed the events that led to the Protestant reformation, as a history nerd I had no idea this was the case and I am truly astonished
We meet again
@@ryanschofield7364 Perhaps it's time to form the Brotherhood of Ryan Schofield's
Not to mention he produced the materials used on the discovery of the americas.
That might be a bit of an overstatement.
Discontent with the Church had been ongoing for centuries by the time of the Reformation. Having two or three popes at the same time after the Papal Schism and the fact that for some time the popes had been controlled by an earthly lord as was the King of France didn´t help. The origins of the reformation are rooted in the 14th century, long before Fugger was born.
There are even cases comparable to Luteran Protestantism since as early as the 12th Century (Peter Waldo).
Sultan Suleiman, and arab traders financed all of the protestant movements by sending vast quantities of gold into central europe through Spain via caravan. They even financed Dutch pirates to such an absurd degree that they flew a crescent flag for centuries raiding catholic countries. Martin Luther in his personal letters to Sultan Suleiman the magnificent declared that he would prefer Islamic rule in europe over christian.
go back 40,000 years, cave man picks up 2 smooth stones, net worth equivalent $300 billion today
Cavemen 40,000 years ago? The Indians have temples that will boggle the mind and Lingam that old.
Yea, they don't teach us THAT stuff over here in western civ!
Yo mama is 40,000 years old
@@evan827 oooooooh
@@Dev-In-Denver123
The agricultural revolution started 12,000 years ago, meaning humans first started growing crops on fixed feilds 12000 years ago (compared to walking around like nomads and collection crops) Thus the first towns, refering to a fixed place of several families, were builts about 8000 years ago. 40,000 years ago, your claim is impossible, as the first agricultural revolution hadnt occured and families hadnt been collected into an fixed location, as needed for a temple to be built. For your intrest, the oldest towns known in india are about 3-5000 years old, and the oldest known major building in India is abiut 4000 years old. If you need sources, they will be supplied: keep in mind these are optimisitc estimations. There is a reason why that isnt taught in western civilations, and thats because its extremly incorrect info. Stop lying and go and get an education. Youre embarrising yourself.
@@Dev-In-Denver123 No just no lol
His last name is just perfect.
I have to say that the first name was also perfect
And I lived in Datschiburg realy close to the Fuggerpalast!
I share this last name...
Imagine my name is like his
Fug :DDDDD
He’s a Roth fugger for sure.
Imagine having 100 billion and thinking "I really need 100 billion more."
My man, you can already buy 3 of everything. Just call it a day.
People like that can’t just “call it a day”. They’re just incapable of it, if you look at people are actually worth 100BN, only the kind of people that don’t know how to stop have managed it.
Being worth $1B means your enterprise in it's entirety is worth $1B. Not that you have one billion dollars in cash. Yes you are stupid rich, but most of it is assets, not liquid capital. And you can be worth billions while owing twice as much as is the case with countries like USA and Brazil.
He didn’t have 100 billion in today’s dollars. This video is inaccurate because that amount of wealth hasn’t been created at that time.
That’s like saying Cavemen were trillionaires if they became a ruler.
Jeremy Owens imagine how the world would be if ppl as rich as that helped the rest of the world who didn't have this . And then if that mentality was passed down to all the other wealthy ppl .. this world would be a place where poverty wouldn't even be thought of
@@youtuber6185 so youre saying a mathematic equation for breaking down the value of money based on inflation is... Incorrect? We can always deduce how much money was worth in a given time period if we have evidence of what transactions were back then. If it was 1 Roman dollar for a slice of bread, and nowadays its 10, adjusted for inflation, the Roman man would have 10 dollars in modern money. What about this is difficult to understand? Furthermore even if we did know that cavemen gave each other 4 seashells for a fish or something like that, the same equation applies. If its 4.99 for a fish in modern times, we can deduce the seashells were worth approximately 1.25
Admit it, you are scrolling through the comments, looking for _Mansa Musa_ comments. 😅
Yup lol.
HAHAHA YESSS!
Now I question is authenticity on historical knowledge
damn you! lol!
Yep lol
Jakob Fugger's secret was, he had Fug You Money.
It's the golden rule: He who has the gold, makes the rules
“Half a man’s life is devoted to what he calls improvements, yet the original had some quality which is lost in the process”
-E.B. White
Ja, das stimpt.
@@stefanschleps8758 stimmt
I really like that. Thank you for posting that :)
Justin Harris Your welcome
Cool
Ah yes, Cornelius “Mumar Kaddafi” Vanderbilt
I always knew they were one in the same.
I was born in Augsburg, where the Fuggers stem from. You can still see the former wealth in the city. If you go to Bavaria, you should definitely pay Augsburg a visit (about 60 km away from Munich).
@Dasclay That's true. I lived in Nuremberg a long time and like it more, but Augsburg is my home town.
I must confess, I've never been to Augsburg.
Been there, very nice. Another example of private charity predating public charity.
Augsburg is dope my family lives there. You still see his influence today he pretty much built half the city.
But it‘s noticeable that the wealth were in medieval times which makes it more fascinating compared to the well praised barock cities
The beard looking majestic my man
Look like a push broom hanging from his face
@@Mommyandtux a sarcastic remark from someone who can't grow a decent beard themself.
@WilliamTheConquerer Michael is a male...
I think that beard is worthy of an episode?
looks like the villain from crash bandicoot except this guys head moves too exaggeratedly.
Ghadaffi’s other name was also Cornelius Vanderbilt
😂 I noticed that too.
How much was Ghadaffi actually worth? Wasn't it far more than what he's given credit for? Also, if he had actually been able to create a gold backed currency like he wanted to, and sold his oil with said money, wouldn't he have crippled the world's economy and devalued all of the Fiat currency thus making him astronomically wealthy?
Wait a darn minute there... Didn't Saddam. Hussein also want to create a gold backed money? Am I stumbling onto something here? Maybe that's why they lied about Iraq having WMDs. And maybe that's why the CIA stirred up a phony civil war in Lybia and armed the rebels, even though Ghadaffi had housed every Lybian, and also made electricity and water human rights, as well as paying for education, even if it was abroad.
Perhaps these men weren't killed for the reasons we're told, but because they were extremely wealthy and we're determined to create gold backed money. They also both had oil, and did not want to sell it in the US petrodollar, but in their own, gold backed money instead.
Perhaps we've been lied to and the international banking cartel has far more power than we can imagine, and even the military-industrial complex must bend the knee to the will of the cartel of international central bankers and their families.
Perhaps they have far more influence politically than we would have thought possible, and thus they push for constant war because it is so good for business. Not only by supplying both sides, but also by preventing any country who would claim their independence from the international banking cartel and their parasitic central banks. Perhaps this was the real reason that WW2 started, and the real reason the Nazis were vilified in the press long before any accusations of a Holocaust could be made.
And perhaps this is why things escalated to the point of ending the war by total destruction of the Nazi party and any holdover Nazis of influence themselves via the Nuremberg trials (even though all sides were guilty of viscious war crimes, most notably the Soviets and the Japanese). Because even though, as it is reported that Jewish bankers were supplying the Axis with loans to fund their war machine, it got too dangerous when it appeared that they may either win or consolidate their conquests and display to the world a prosperous society free of the clutches of international bankers.
Perhaps there is far more going on than we are allowed to believe. Or maybe not. That's probably all just a big conspiracy theory.
@@augustgreig9420 my dood you are based
I came here to also say that
August Greig I’m going with the latter.
In the 1980s I was stationed in Augsburg in the US Army. There are statues and plaques about the Fugger's all over the place. I really liked Augsburg. Great place.
Sheridan is a nice park today with Family homes, playgrounds and trees. HQ is a communtiy house and church.
Thanks Simon, I just love your narration and story telling. I am a life long educator and certainly appreciate your skills . Thanks so much
7:39 is the end of that skillshare ad
Thank you!
You make endlessly binge watching new videos on RUclips from one person a thing. Thank you for being the jesus of facts, the bringer of knowledge and the Simon of Whistler's
"So, what family are you from?" I'm a Fugger. "Dude, my kids are here."
Its nothing wrong wit 2 consenting adults getting together to enjoy an intimate lesson about Fugger
Jakob Fugger: The richest man who ever lived
Mansa Musa: Hold my Fuggin Beer!!!
Fugger financed Protestantism and Musa destroyed the Egyptian economy... oh you silly rich people
Its called White washing
@Angelo Stevens musa triggered a recession in egypt no just lowered the price of gold
Today's Bankers: calm down boys
Most likely neither is the richest person in history.
Me who just watched the Mansa Musa video and read the title of this video: hey wait a minute...
Yup , was thinking the same
Essentially he is the richest man with quantifiable wealth, quantifying all the gold and palaces and land, essentially owning a country is not easily possible
Jakob Fugger: The Richest Man Who Ever Lived
Marcus Licinius Crassus: Excuse me do you have any Grey Poupon?
Exactly.
I had heard that John D. Rockefeller was the richest, but neither he nor Fugger had access to antibiotics, and neither of them could fly on a jet, but we can, s I'm not losing sleep or suffering envy over their riches.
@@jacqueslefave4296 exactly, measured in coin they were among the richest. however, measured in the amount of products and services that were available to them the poor in first world countries today are far richer.
and then Crassus took an arrow to the knee. or eye. almost same. parthian horse archers don't care if you're filthy rich. if you happen to be on their soil illegitimately, they're going to wreck you :D
@@the_rover1 And when they put him to death, they did it by pouring molten gold into his mouth.
There were “haves” and “have nots” even before there was money.
The rain it raineth on the just
And also on the unjust fella
But mainly on the just because
The unjust steals the just’s umbrella.
I think that quote originally talks about farming and crops, so the rain is actually a good thing 😉
Caleb Spears you thought wrong has nothing to do with farming haha
There was money back then
This guy was born the same year of Ezio Auditore
I was thinking the same thing.... kidding...
Who's that?
Don’t you mean, “This Fugger was born the same year as Ezio Auditore”?
He'd have been a Templar if he was in the game
Καλλίνικος Γκρατσό so we’re millions of other people 🤦🏾♂️
Great Video! I was born and live in Augsburg, and went to a school named after Jakob Fugger.
When you said Indulgences, I said "uh-oh." Knew exactly where this was going.
Jackob Fugger: Richest man who ever lived
Mansa Musa: Richest Human who ever lived
I thought it was the African king that carried so much gold he devalued the international gold value at the time (1400s). You did the documentary on that guy, I think.
Mansa Musa ?
@@dominicnzl yea he's talking about Mansa Musa
They would have the same amount of money today.
That would be Mansa Musa. The guy who was so rich that he completely destroyed the economy of Alexandria with runaway inflation just by vacationing there for a few days.
He also talks about how it's impossible to actually determine who was literally the richest ever. So these videos are ppl have rights to that claim.
I've read about a king Musa I of Mali who was the richest man ever. He made places he traveled through wealthy and spent so much money on a trip that the price of gold plummeted and almost broke Egypt. He had a caravan miles and miles long.
Mansa Musa's net worth was so high it cannot be even measured in today's standards!
He crashed the gold value of eygpt with his donation
his gold will devalue so no
1:35 giving your money away to a foundation you control is not giving away the power connected to the money...
Best Biographics video ever? Could be.
Today I Found Out: Simon is married
balooko31 right? My dreams will never come true. 😊
He also has a daughter.
That's scary
does simons daughter look like him and have a beard? i'd imagine simon has real good genes
The Fuggerei is one of the most impressive life achievements in my eyes.
Yes. Just imagine - even today, he gets people to regularly pray for his soul! After more than 500 years. As has been said, the rent is less than a Euro per year, plus the three prayers per day. :-)
Reading all of the comments made me realize people don’t read comments. Everyone is saying it was Mansa Musa. How many people have to say this?
Ари Фёдорович Welcome to RUclips. I've seen comments sections where as many as 25 people make identical comments. I guess they're so eager to see their name in print they can't be bothered to read other comments first. It drives me crazy.
James Clendon They just wanna show off how smart they are, but then they appear dumb in the process
amai pls .....I guess that’s true. I mean, wanting to argue what other people said is pointless. They just want their names or maybe they just don’t read comments but then why bother commenting if you yourself don’t read other peoples comments? Oh well.
No one likes a comments facist, duude
@Get Ass no Augustus's state wasn't as centralised as Mali and Mali was responsible for the majority of the gold mining in the world. Moreover Augustus wasn't rich enough to inflate the economy of the middle East when he went on holiday there
‘ Crass” comes from Crassus. I read somewhere that said Crassus owned the only fire brigades in Rome. He would bargain the price of his service as your house burned, and often bought up what was left or took control of the house and land when he was done as a fee. No-one wanted to be held accountable for their neighbours homes catching fire from their house burning. So the fire had to be extinguished. Imagine doing business with some one of that morality. It’s no wonder he was so wealthy.
Thank you for the short version of the story. One detail always makes me laugh when I think of it: Jakob F. gave loan to broke Emperor Max. I so he could setup an army to help the Hungarian king against the Turks. For that Max I. was to inherit the Hungarian crown. For the coronation ceremony Max I couldn‘t afford adequat clothing and borrowed it from Jakob who had Max I. sign a letter of agreement that this was not a present. After the coronation the new king of Hungary gave back the garment and got a receipt for returning it safely. What a powerful emperor.
still remember my history teacher saying
"not the FUUCKKKEERRSS but the fuggersssss" this perplexed me so much as he looked like a saint and i never thought he'd use such words lol
I feel these everyday... that is my last name...
@@MrDudeSayWHAT you don't happen to live in austria do you?
Wasn't Mansa Musa the richest man who ever lived?
Yes he was but you see how folks try to change the narrative.
@@Strandboogie he made a video saying Mansa Musa was the richest man before I swear
Tameka Strand not folks...WYPEPO
@@Strandboogie the difference between Jakob Fugger and Masa Musa is that Jakob's fortune is recorded well, while Masa Musa wealth isn't recorded but estimated.
@@dr.manofculture1492 well it couldn't be estimated. Because he upset the currency balance. You know how rich you got to be to do that.
"Some people are so poor that all they have is money" -- a wise man
say only poor men like us...
For reference, the world's current richest individual (Bernard Arnault) is only worth $211 billion, A disgusting amount of money but it does put into perspective just how rich Fugger was. Also, consider how most of Arnault's money isn't usable cash because it is instead tied up in intangible assets like shares in LVMH and it gets even more insane.
1:10 - Chapter 0 - Just how rich is rich ?
3:10 - Chapter 1 - A privileged upbringing
6:20 - Mid roll ads
7:45 - Chapter 2 - A first taste of wealth & power
14:55 - Chapter 3 - Bankers to the rich, the noble and the elite
18:15 - Chapter 3 - A florin goes a long way
Been waiting forever for this guy’s Biographic! Thanks Simon & team 👌🏾😎
Marcus Licinius Crassus was able to afford renting an army, greater than the army of the roman empire, ignore the senates veridct and invade the parthians... not that it did him any good though.
He bought the imperial legion (aka funded and created it) for his son to command in that invasion, didn't he?
@@naddarr1 Ya, but not only was this just something he had done with his wealth and not proof of his immense wealth (ie Bezos has yachts, but those yachts don't betray how truely wealthy he is).......but this wasn't like raising some rinky dinky army......what Crassus did would be like if some private billionaire funded an army that could rival the most powerful in the world today, not some meager mercenary army but a force capable of invading other empires.
@@naddarr1 yeah, but crassus could rent an army far bigger than the combined ones of the largest empire of his time and wage a war against the second largest empire as a private endeavour, while the supposedly most powerful men, the ones with armys at their commands, where occupied in a civil war commanding armies that where smaller in size even combined, than the one crassus had.
the only thing that could stop him was hybris and boy it did! (not to downplat the role of the partians of course, its just the form hybris chose to take that week)
to be that rich in todays world would involve renting an army bigger than the u.s. army (navy, air and space force included) to invade china & russia...
currently no one is that rich (yet).
@ Today, may 16th 2020, there is an article in the new york post about the possibility that Jeff Bezos could become the first trillionaire by 2026. And he allready holds an adviser position in the secret service and defence departments. P.S.: Ich hätte auch auf deutsch geschrieben, habe nur befürchtet andere würden direkt annehmen die Deutschen übernähmen direkt wieder den Kommentarbereich. ;)
All Roman generals 'rented' their Army, as is was up to the general to pay the soldiers and equip them. Hence why Caesar almost went broke several times.
Mansa Musa has entered the chat
Really tho! I don't know how much richer you can get than "devalue the value of gold everywhere you go bc you brought so much of it".
That was my original thought also. Well, didn't now the name but who he was.
Mansa Musa was a king so they are put in a different category because his wealthy came from just decreeing all the gold was his and killed everyone who owned the mines.
@Aniwrld HD Not true.
Mansa Musa is a fairytale...Richest person ever is either Octavian Avgustus,Alexander the Great,Genghis Khan or some other conqueror if you look at it from a standpoint of who rules the land,everything on it is his.This guy in the vid is the richest person not in power.Different category.
Your interesting/intelligent topics combined with your personable delivery are highlights of my day. Thank you.
What is perhaps a more important lesson we can learn is that wealth is ephemeral. People move up and down the wealth scales. The 1% is NOT fixed. Yes, the wealthy will always be there but the people occupying that position is definitely not fixed. We see uncounted examples of the veracity of this throughout history. This is of course worthy of considering and creating one's own opportunities to take up the march towards success in our own lives.
Augustus Caesar has a net worth of over 4.6 trillion. He owned all of Egypt personally
it's called "net worth" because it measures actual liquid funds... i'm pretty sure you will have a hard time to pay for anything with "all of egypt"
Simon, you're the hardest working man in show business. I've been busy lately so I haven't been as attentive the last few months, but if you haven't, please do a Biographic on Charles Koch.
He must host about a half dozen channels by now. Must be making quite a bit in adsense revenue.
You meant his writers. He's the Edison of RUclips educational videos.
@@bradbutcher3984 his writers suck ass anyway. Almost every video has some factually incorrect information, and they add a pompous British spin on so many things, filling in the gaps in information with their own ego.
Is real hard work. Reading things out loud. 😳
Simon: Jakob Fugger is the Richest man in history:
Mansa Musa: Am I A Joke To You?
KANGZ
@Adam Defibaugh dude he bankrupted an entire country on a Haj.
@Adam Defibaugh SHEEEEIIIT
Funny thing about Martin Luther - Luther's father was a copper miner in his early days and ended up owning several copper mines and smelters himself. It is possible that Luther's father had dealings with Jakob Fugger or the Fugger family.
The Hungarian word for "mean" - "fukar" actually derivates from "Fugger" according to linguists. Apparently the activity of Jakob didn't leave a good impression on ordinary people here...😅
Mansa Musa’s wealth cannot be measured, but that does not mean he was the richest man to ever live. Fugger controlled every copper mine in Europe, and while that’s not as glamorous as gold, the sheer worth of it in the era Fugger lived dwarfed the value of Gold both in Musa’s time and in his own Era.
1:58 i WOULD NEVER HAVE GUESSED THAT THAT'S HOW YOU SPELL KADAFI LOL
No1important88 ....or Putin
@@WyattRyeSway Putin is not rich. He is a power broker for greedy rich guys
Josh MHO .....no, he’s a thief. No one knows how much wealth he accumulated....continues to accumulate. He doesn’t have to account for it.
Josh MHO he for sure is rich bro
@@Lost_Pikachu Nobody really knows how much Putin actually stole, but he has a second currency besides money, and that is power and fear. If he really wants something money can't buy, he makes sure he gets it by fear, power and manipulation.
What about Mansa Musa of Mali about 1312 to 1337, whose wealth was discovered and shocked by the world on his way to Mecca? Thanks for your work so far.
Still largely outmatched by Jakob Fugger, Augustus and Genghis Khan.
@@JMeier-xz6wx not according to biographics
What a wonderful story to tell. I was engrossed by it completely. Well done.
I was stationed in Augsburg in the 80’s and have been back a couple of times just to visit. A beautiful city that still has Fugger,s influence stamped all over it
Augsburg was a free city in Fugger's time, prositution was legal as a matter of fact.
@@JK-gu3tl still is n so was I Reese 1/36 fa love it!
Never knew that this man existed before until now. Which is a shame since he played a big role in history it seems.
Lol...I only knew he existed thank to EU II.
Simon, im an accountant, we still use the same double entry book keeping they used in Venice and I believe they would of used on the silk road in the 1400s 🙂
Simon you absolutely need to do a video on Father Malachy Martin; Ireland's greatest exorcist
That's a weird spelling of Malachy
@@samc2450 didn't know the correct way to spell it mate, so just went for the nearest sounding name 😂
@@samc2450 u
You are confusing simony with the ordinary transfer of benefices. The elevation of the Hohenzollern to Mainz was not simony, no matter how much money changed hands. Leo did not sell the the bishopric of Mainz. Every benefice holder would pay the equivalent of one year's revenue to the institutions of the Catholic Church. Nearly all benefices came with lands that produced revenue that served to support the institution in the particular place. To say that they were "sold" is a terrible anachronism.
Great video, this video is a personal favorite. I've heard a lot about Fugger growing up, I was born in Augsburg
By this logic one of the only 4 European caveman 80000 years ago was the richest man of all time because he controlled 25% of all Europe.
White people really think only Europe had wealth
Isn't Mansa Musa the richest man who has ever lived ?
Hard to say. The reports from that time are more egotickling than actual historical facts.
But in this time, we have actual numbers already.
Once you hit $100 billion, the Dailey interest( money the bank pays you to leave your money in the bank) is somewhere around 10-13 million a day.....at that point, it doesn’t really matter who is the richest, because who the hell can spend $10 million a day, every day? Other than real estate, you would run out of things to buy after 6 months.
I know you probably don’t actually read all the comments you get but I just wanted to thank you Simon, and everyone who puts these together. I’m a huge political junkie and so my day consists of arguments and policies and just senseless bickering and it’s just so nice to be able to turn something on that’s not trying to tell me what I believe or why what I believe is wrong. You tell these fantastic stories of fantastical men and women from history and for a moment I can forget the chaos of the present and unwind. I really hope you all continue what you’re doing and I thought you deserved to know how you make this world a little better, if only mine.
Excellent!! And FAST!!
I believe Solomon was the richest man who ever lived.King Solomon of Israel - peak net worth: $2 trillion (£1.42trn) According to the Bible, King Solomon ruled from 970 BC to 931 BC, and during this time he is said to have received 25 tons of gold for each of the 39 years of his reign, which would be worth billions of dollars in 2016.
Have you already done the Rothschild? I would love to see a video on them.
Mumzell92 i think he's already done him
No he didn't. And he won't
Gemstone Ore why?
He did already
Is that Roth's child?
19:38 - Magellan's expedition was financed almost entirely by the Spanish Crown. The thing is that Charles V was in debt and he took a loan from Fugger to pay the expedition, but as far as I know, Fugger didn't directly finance the expedition himself, he just lent money to a king.
"What does it profit a man to gain the whole world but lose his soul."
Souls aren't real, money is
@@ILoveDawko Try taking it with you to the grave. If you're that foolish (and historically, some have) some grave robber will steal it quickly.
@@jacqueslefave4296 You can try taking an imaginary soul to the grave too mate. There will still be two dead bodies in the ground.
It gets him laid a lot.
Nothing, but that doesn't mean you can't do both. Fugger did build lots of affordable housing.
What an engaging script and reading. This channel rocks.
Makes for a good title, John D. Rockefeller is estimated to have $318-420 billion while Jakob Fugger only had $221-400 billion
"Empayah... powah... coppahh... pehhfect... feehst... fahyve... downfohhl..." -Simon
The man was an ad for skillshare 😂
A tyre company once had the slogan "power is nothing without control"
Same for money: if you don't wield the power to go along with it, you're just a kid with a big allowance
Pirelli.
According to Google, the richest man to ever live was an African dude named Mansa Musa
Wonderful. So well presented. Cheers from your newest subscriber in Ottawa, Canada.
That really isn't how money works. "Has 2.2% of a continent's wealth" is not impressive when most of that wealth was potatoes.
This was a GREAT video, usually you only hear of the 12 years of Germany (ya the bad ones in the 30's and 40's).
I have heard of the Fuggerei in Augsburg but not much of the history. Smart women in the family who deserve their place and just plain smart business practice on Jakob's part.
Great video! As been brought up and still living in the mentioned Schwaz/Austria I would like to point out the fact, that at the time approx. 95% of the,then known, worlds silver came from the mines in Schwaz. After discovering America and South America, the silver from Schwaz was to expensive which also led to the weaking of that i come. Parts of the miney can still be visoted today! Do so wheni Tirol - perfect as a "wet day to-do "
so basically he was born rich and got the best education possible. makes sense
Money is more or less irrelevant in the long run.
Case in point: I have never heard of this fucker before, even though he was so rich. However we've all heard of Archimedes, Pythagoras, Newton, Einstein, etc.
Sigismund.... silver mines.... this story sounds familiar.
Henry’s come to see us!
oh ho
Mansa Musa: "look at me I'm a real life King Midas"
Jakob Fugger: "hmpf amateur"
But, you know, for all his wealth, he's still dead.
Idk what shitty point you're trying to prove, but it's not working. At least he's being talked about hundreds of years later for what he achieved.
@idoj654123 But why is this comment in this section though...
Best comment yet.
@idoj654123 I did not expect the Spanish inqusition.
Have you considered this is a miscellaneous youtube comment thread and not the British parliament?
Those who are barking for mansa Musa remember Musa was a king but Fugger was a king maker..
A capitalist and an emperor/king are different. If you numerate emperor Shenzong's wealth and include all of his "subjects", you would get somewhere around $108 Trillion. As far as I know, there is no differential between personal wealth and empire wealth on the east back then.
Thanks for the information contained......
DO JIM HENSON
Richest man who ever lived in Europe perhaps,that again is debatable on what you perceive as being rich. Crassus had enough wealth to buy a gigantic army
yeh he was worth literally trillions in todays money. No one can touch the wealth he had
@@leegoodwin9312 well... those parthians did a damn good job in dramatically and surprisingly quickly reducing his net worth
And then they got destroyed bye the romans.
mansa musa was the richest man in history
@ ha that they did mate!
Who else saw this video in their recommendations, clicked on it, and immediately went to the comments section? 🤣
King (in enormous debt): "I haven't the money to pay that Fugger back." :)
Thanks for the video!!
I thought you said that Musa I of Mali was the richest man that ever lived. So who was the richest ever?
Erik Stone Musa was the richest but because he caused countries to bankrupt because he was so rich you can’t equivalent it to a money amount because it would just be a guess.
idoj654123 Timbuktu?
idoj654123 what are you on about ? You said mansa did nothing with his gold but there are mosques and much more . He generous enough to give his gold to the poor “sadaqah” . He even tried to replicate his empire as Mecca .
@idoj654123 what does any part of your statement mean?
@@freddysaka230 it was honestly the shitties ghetto version of mekka lmfao
I thought Mansa Musa was the rich person to ever live lmao
He was
Camo Dude Mansa muss owned over 400 billion dollars of gold. The richest man alive today has 40 billion. If they’re was a person who had more, we would know.
King 8828 the richest person alive that we know of today has 110B+. I don’t know where you got 40, probably where you got “muh mansa musa” so I would seriously question that source.
DrewskiTheLegend sorry, Jeff bazos personally has 178.1 billion dollars. Still is not close to Mansa Musa
Camo Dude no. Mansa musa owned 400 billion. Jeff bazos has 100 billion. It is true his company’s are worth more but him as a person has around 100 billion dollars. Mansa musa owned over 400 billion dollars to himself.
I find it incredible how such wealth that should be enough to last a hundred lifetimes, can just go up in smoke .
Exactly, all they have left is his name and a housing project.
@@EA-rc6xc Well.. that isn´t quite trough. The family still exists. And the money wasn´t lost. They simply switched from beeing a merchant family to a noble family. And the money to obtain the "Fuggerei" still comes from theyre wealth
Decent video,thank you.
Jakob: gets rich af.
Other people: look at this Fugger.
He is not as rich as Mansa Musa... a man who broke the economy of Egypt as a result of the Gold he shared on his way for pilgrimage to Mecca from Timbuktu.. present day Mali
Mansa Musa is the richest man that ever lived this is a lie
If you crunch the numbers on how much gold he took to his hajj, it would be worth about 1.5 Billion USD in today's standards. Of course, one would say that it's only pocket change for his travels, but this little publicity stunt absolutely wrecked the Malian economy, so that the fiscal restraints were still felt by ibn Battuta 30 years later. Mansa Musa is no different from a NFL quarterback who spends all his money on hookers and coke and is broke within a few years.
You also have to consider that the Mali kingdom was in Africa and let's face the facts here. A king in Africa could never even dream about the power and influence someone like Fugger had in the world. Sometimes being rich is not only about how much gold someone has but rather how much he can do with his gold.
Chouyren you sound stupid
elKuhnTucker you sound jealous
No
Richest man who ever lived is the African Muslim king Mansa Musa !
No
Legend is that people are still clicking the link.