9 Rich People From The Past Who Can Make Modern Billionaires Feel Poor

Many times we get to read on the internet or magazines about the richest person of the world or about the top 10 richest in the world and we start thinking that whether we will ever got featured in the list of richest people or not. There is no denying the fact that these people must have worked pretty hard to achieve so much success in life but there is one fact that you may not have even thought about.

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The billionaires of today stand nowhere in comparison to the historical personalities in terms of wealth but as we don’t have exact details of their wealth, let us compare the modern rich persons with the rich persons of the past.

1 Cornelius Vanderbilt (May 27, 1794 – January 4, 1877), Net Worth – $185 billion

The American business tycoon was one of the most popular businessmen of his time as he played an important role in improving and developing the country’s infrastructure and transportation system. Cornelius earned his fortune by focusing on the railroads and shipping sectors. He was also known as “The Commodore” and he was the owner of New York Central Railroad.

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Hall of Fame

His contribution to the railroad industry of US is duly recognized and in the year 1999, he was given an entry into the North America Railway Hall of Fame. 8.5 feet (2.6 m) tall statue of Cornelius Vanderbilt which is being sculpted by Ernst Plassmann has been installed at the southern side of the Grand Central Terminal.

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2Henry Ford (July 30, 1863 – April 7, 1947), Net Worth -$199 Billion

Henry Ford was one of the most successful businessmen of US as he was the founder of Ford company. He was the pioneer of the automobile industry and had a revolutionary approach towards car production. He came up with the concept of assembly-line production and his organization manufactured affordable cars for the middle-class Americans.

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Fordism

Henry Ford is known for a concept known as Fordism which stands for manufacturing of less expensive goods along with high wages for the staff. The salary that he used to pay his workers was higher than the average salary of American automobile industry.

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