The Richest People in History

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TRANSCRIPT - https://thinkinginenglish.blog/2023/01/16/199-the-wealthiest-people-in-history-english-vocabulary-lesson/

Last week I talked about Mansa Musa, an African King with indescribable wealth. Today, I’m going to discuss more of the wealthiest people in history – from the Emperors of Song Dynasty China, Rome, and the Mughal Empire, to American Industrialists John D Rockefeller and Andrew Carnegie. Let’s listen, learn, and practice our English!

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Vocabulary List

Worth (adj) - having a particular value, especially in money

Our house is worth £200,000.

Equivalent (adj) - having the same amount, value, purpose, qualities, etc

She's doing the equivalent job in the new company but for more money

Output (n) - an amount of something produced by a person, machine, factory, country, etc

Last year manufacturing output fell by 14 percent

Extravagant (adj) - spending too much money, or using too much of something

He had the extravagant lifestyle of a movie star

Invest (v) - to put money into something to make a profit

The institute will invest five million in the project

To finance (v) - to provide the money needed for something to happen

The city council has refused to finance the project

Monopoly (n) - (an organization or group that has) complete control of something, especially an area of business, so that others have no share

There are laws to stop companies becoming monopolies

To fund (v) - to provide the money to pay for an event, activity, or organization

The company has agreed to fund my trip to Australia

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