Do you know who the wealthiest man to ever walk on earth was?
It’s not Bill Gates, Jeff Bezos or Warren Buffet.
One might say it’s Vladimir Putin, whose exact wealth is still a mystery. But these men’s combined fortunes do not compare to that of the wealthiest man’s.
It’s not Henry Ford, Andrew Carnegie or John D. Rockefeller.
So who the wealthiest man ever? Augustus Caesar, the adopted son of Julius Caesar and the first emperor of Rome.
At the time of his reign, he owned much of the world’s most powerful states. Including Egypt that back then made up at least 25% of global GDP.
So his estimated net worth reached $4.63 trillion!
Of course, we can never be 100% certain when determining the wealth of past centuries. But there’s one thing from Augustus’ time that we can be certain of today. There is one asset that can stand the test of time.
Can you guess what it is? PROPERTY.!!
Augustus owned or controlled vast amounts of the stuff. Which back then, meant two things,
Money & Power
Its value can increase over time. As Investopedia writes (emphasis mine):
“Throughout the centuries, people have continued to hold property for various reasons. Societies, and now economies, have placed value on owning property, thus perpetuating it’s worth.
It is the one asset class that we feel sure will hold its value, hedging against tough times.
But wealth protection is not the only reason I believe you should own property today. In fact, according to one analyst in the City with 20-years experience in the property investment market.
Property is about to enter its third rally. Only this time, the climb could be faster.
Get in touch with one of the portfolio managers at Belcroft Investor Hub to find out if the best performing asset class throughout history can help you meet your financial and retirement goals.