I understand there weren’t many billionaires in the past. But now there are many of them. Just wondering, who was the first American billionaire in history?
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American oil magnate John D. Rockefeller became the world’s first confirmed U.S. dollar billionaire in 1916. He became wealthy largely through his ownership of Standard Oil.
John Davison Rockefeller Sr. (July 8, 1839 – May 23, 1937) is widely considered the wealthiest American of all time and the richest person in modern history.
With a peak net worth of approximately US$418 billion in 2019 dollars, American oil magnate John D. Rockefeller is the richest person in American history, and the richest person in the post-Industrial Revolution era. Check out the list of wealthiest historical figures