Question: who was the richest man in the world in 1901?
Answer: 1900s: Andrew Carnegie Born in Dunfermline in 1835, the Scottish-American industrialist spearheaded the expansion of the steel industry in the US, stockpiling a fortune. His company, Carnegie Steel, was sold to JP Morgan in 1901 for $480 million, which would be equal to $14.6 billion (£11.8bn) in today's money.