The Sad Story of the Richest Man Who Ever Lived
Channel: Money Thinkers
Date: 2023-09-05

In the early 14th century, the Malian Empire was the wealthiest in the world under King Mansa Musa. On a pilgrimage to Mecca, Musa displayed immense riches but also gave away too much gold. 🤑

His lavish spending destabilized economies across North Africa. When he returned home, Mali's treasury was depleted. Without funds to defend itself, the empire fell into decline. 😰

Musa's well-intentioned generosity had unintended consequences. We'll explore how his extravagance on the journey contributed to Mali losing its golden age dominance in West Africa. A cautionary tale of how unlimited acts of kindness can still go too far. 🤔

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