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Founders: #250 Jacob Fugger (The Richest Man Who Ever Lived)

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What I learned from reading The Richest Man Who Ever Lived: The Life and Times of Jacob Fugger by Greg Steinmetz. ---- Get access to the World’s Most Valuable Notebook for Founders at Founders Notes.com ---- [1:55] The Almanack of Naval Ravikant: A Guide to Wealth and Happiness by Naval Ravikant and Eric Jorgenson. (Founders #191) [5:05] It is well known that without me your majesty might not have acquired the Imperial crown. You will order that the money which I've paid out, with the interest, shall be paid without further delay. [6:20] There's many examples in the book where Jacob is constantly pushing the pace and going further than you would expect when the consequences of making certain mistakes at this time in history was death. [6:51] He wanted to see how far he could go even if it meant risking his freedom and his soul. [7:01] He is the German Rockefeller. He thought that he was blessed with a talent for money-making by God. And so he couldn't retire. He couldn't live a life of leisure because God told him to make as much money as possible. [8:38] Fugger wrote the playbook for everyone who keeps score with money. A must for anyone interested in history or wealth creation. —

[00:00:00] In the days when Columbus sailed the ocean and da Vinci painted the Mona Lisa, a German banker named Jacob Fugger became the richest man in history. Maybe you've heard of him, but usually his name gets blank stares. His influence rests on what he did for Austria's Hasburg family dynasty. When Fugger made his first loan to the Hasburgs, they didn't even have Vienna. By the time he finished, they had half the known world. While they got the titles, Fugger got the money. His biggest client died penniless, and he died with the biggest fortune the world has ever known. [00:00:40] Most…

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