The VOC’s stocks pushed the company’s worth to a massive 78 million Dutch guilders, which is a pretty solid business (even today) but translates to a whopping $7.9 trillion USD worth now… Yes, really, trillion. That’s 7,900 billion — or 79,000 million!
How much money did the Dutch East India Company have?
Widely considered the world’s first financial bubble, the history of Tulip Mania is a fantastic story in itself. During this frothy time, the Dutch East India Company was worth 78 million Dutch guilders, which translates to a whopping $7.9 trillion in modern dollars.
How much was VOC worth?
Known under the initials VOC (Vereenigde Oostindische Compagnie), the Dutch East India Company would be worth about $7.8 trillion today.
What happened to the Dutch West India Company?
The Dutch West India Company was much less successful than the Dutch East India Company, its counterpart in Southeast Asia. The West India Company was taken over by the state in 1791 and was dissolved in the wake of the French invasion of the Dutch Republic in 1794.
How did the Dutch East India Company make money?
It commanded almost 5000 ships and enjoyed huge profits from its spice trade. The VOC was larger than some countries. … The English founded the East India Company in 1600, and the Dutch followed in 1602 by founding the Vereenigde Oost-Indische Compagnie.
What was the richest company in history?
Top 10 Most Valuable Companies of All Time
- Dutch East India Company: $8.28 trillion.
- Mississippi Company: $6.8 trillion.
- South Sea Company: $4.5 trillion.
- Saudi Aramco: $1.89 trillion.
- Apple: $1.3 trillion.
- PetroChina: $1.24 trillion.
- Microsoft: $1.2 trillion.
- Standard Oil: more than $1 trillion.
How rich are the Dutch?
Not only is the Netherlands wealthy as a nation, but the Dutch population is one of the richest in the world. To be exact, the Netherlands is the 14th richest country in the world. The GDP of the Netherlands as of 2020 is € 47.496 ($ 58.341).
What is Mansa Musa net worth?
He was the first African ruler to be famous in all of Europe and the Middle East. Historians say he was the richest person to have ever lived. Today, his wealth would be worth about US$400 billion. Mansa Musa was the great nephew of Sundiata Keita, who started the Mali Empire.
What was Rockefeller’s net worth?
His personal wealth was estimated in 1913 at $900 million, which was almost 3% of the US GDP of $39.1 billion that year. That was his peak net worth, and amounts to US$23.6 billion (in 2020 dollars; inflation-adjusted).
|John D. Rockefeller|
|Occupation||Oil industry business magnate and philanthropist|
What did the WIC trade?
Ships departed from Western Europe with goods to Western Africa, where the goods were traded for gold, ivory and enslaved Africans. The Africans were shipped to West India, where they were sold to plantation owners.
What was one of the main businesses of the Dutch West India Company?
According to its charter, the Dutch West India Company held a monopoly in shipping and trade in a territory that included Africa south of the Tropic of Cancer, all of America, and the Atlantic and Pacific islands between the two meridians drawn across the Cape of Good Hope and the eastern extremities of New Guinea.
Who owned the West India Company?
Dutch West India Company
|Native name||Geoctrooieerde Westindische Compagnie|
|Founded||June 3, 1621|
|Founder||Joannes de Laet|
|Defunct||January 1, 1792|