To relieve my poverty, / my heart sometimes tells me: / “Man, do not worry so much / and do not endure such pain; / if you do not have as much as Jacques Coeur, / it is better to live under a great desk / poor, than to have been a lord / and […]
Business
Posted inModern Era
The World’s Richest Man in the First Half of the 19th Century Was a Chinese Merchant Who Lent Money to American Millionaires
If we asked who the wealthiest person in the world was in the first half of the 19th century, many would likely think of Queen Victoria or an American multimillionaire like Vanderbilt, Rockefeller, Morgan, or Ford. But the queen did not ascend the throne until 1837 and thus needed decades to amass her fortune, estimated […]
Posted inModern Era
The First Company in History to be Listed on a Stock Exchange
The world’s first multinational company was also the first to be listed on a stock exchange. Of course, there’s a bit of a twist here, since the first modern stock exchange — that is, one with a public market for bonds and shares — was actually founded by…yes, that very company. Not only that, but […]
