Data gathered and calculated by Learnbonds indicates that the top five richest people of the 20th century currently have a combined net worth of $1.62tn. With inflation adjustments, the data shows that this group had a cumulative net worth of $63bn in 1913.
From the 20th century, Andrew Carnegie was the richest person with interests in the steel industry. By 2020, Carnegie’s fortune would be around $419.8bn. From this valuation, Carnegie had a net worth of $16.5bn in 1913.
Oil tycoon John D Rockefeller occupies the second spot. By 1913, Rockefeller was valued at $14.9bn while in 2020, he would enjoy a net worth of $384.8bn, making him the richest American to ever live.
Russia’s Nikolai Alexandrovich Romanov who had a net worth of $13.1bn in1913 would be valued at $338.58bn in 2020.
On the other hand, Mir Osman Ali Khan from India would be valued at $259.5bn in 2013. In 1913, Khan’s fortune was valued at $10 billion.
Former long term Libyan leader Muarmur Gadaffi closes the list. The ruler who died with a net worth of about $200bn in 2011, would currently be valued at $225.7bn.
When compared to the modern-day living billionaires, the 20th wealthy people would have wealth three times more than their 21st-century counterparts. Cumulatively the modern billionaires have wealth amounting to $514.4bn.
The billionaires include Jeff Bezos ($125.3bn), Bill Gates ($112.6bn), Bernard Arnault ($90.4bn), Warren Buffett ($90.4bn) and Amancio Ortega ($78.1bn).