The Richest Company Of All Time

Samuel Reason | August 3rd, 2018

You may be thinking of Amazon, Google or Apple but if you are talking about the most valuable company of all time, then you have to go much further back. In fact, the modern multi corporations of today do not even come close!

around-amsterdam.com

If you go back to the 16th century then you will undoubtedly of heard of the Tulip Mania, and the company that capitalized of it? The Dutch East India Company estimated to be worth more than 20 of the biggest modern companies of today. Of course, many of the calculations and figures are done by adjusting for inflation and using a few speculative figures, but there is no doubt in any ones mind that the Dutch East India Company was the richest company ever built.

During its peak, it was worth $7.9 trillion dollars, to put perspective on that in 1999 Microsoft was worth $0.9 trillion. So how did this company become so valuable? Well before the craze of the Dotcom companies or the housing prices than one of the biggest ways to make money was trading on the prospects of faraway newly discovered lands.

In fact, governments granted companies like Dutch East India Company the right to monopolies, going on daring voyages to mysterious places. They hoped to acquire exotic goods, establish colonies and maybe even create a war or two around the world. Because, someone does always profit from a conflict, especially when the conflict is on the other side of the world.

The company ended up sending over a million voyagers to Asia, which is more than the rest of Europe together. At one point it had over 70,000 employees and even though it is very hard to consider what these types of companies were worth, this was still a huge accomplishment.

At its height, the company was worth about the same amount as the GDP of modern-day Germany and Japan added together. So you can imagine the type of power and prestige this organization held at the time.

Next Article
  • First Toothbrush Was Actually A Chewbrush

    Some think of toothbrushes as being man’s best friend and that this award is not actually occupied by dogs. In modern times, people have indeed voted that toothbrush is one of the greatest inventions that we cannot live without. In surveys, it beats microwaves, automobiles, and television - but it is interesting to look at...

    Read More
  • Oldest Organism On Earth Only Reproduce Every 10,000 Years

    Researchers who have been working with the Integrated Ocean Drilling Program (IODP) have discovered new bacteria, fungi, and viruses living a mile under the ocean floor that are thought to be millions of years old. The incredible discovery shines some light on how old species on Earth really are, with...

    Read More
  • One Rickshaw Driver Was Able To Help Educate Hundreds Of Poor Children

    A famous rickshaw driver by the name of Mr. Bai Fang Li is a folklore legend in his home region, having helped hundreds of poor children afford education during his lifetime. Most people believe in relaxation when getting older, especially as they retire, but not Mr. Li who continued his donation lifestyle until the very...

    Read More
  • The Vine That Is A Master Mimic

    When it comes to changing into something else or camouflaging, the world is filled with organisms that can do this. The Chameleon is, of course, the most famous one, that can alter its color and blend in with its background. And in the insect world, you will find butterflies that mimic toxic insect or sticks...

    Read More
  • The Secret Ingredient To Victorian Leather Was Dog Poop

    Back in time, dog poop was an extremely valuable resource for leather makers. Every coat, handbag, briefcase or any sort of leather goods was created by using dog poop to an extent. So as you can imagine some entrepreneurs around the city of London found a way to benefit from this ever-growing need for dog...

    Read More
  • The Invention Of Artificial Sweetener Was By Accident

    Constantin Fahlberg was a famous Russian chemist who by accident discovered an artificial sweetener by the name of saccharin, this allowed him to become extremely wealthy by mass producing it for the public Here is his story. The artificial sweetener was known as the new coal tar sugar, and despite...

    Read More
  • Extreme Ironing Is A Real Sport

    Yes, you heard it right, extreme ironing is a real and practiced extreme sport around the world. It is known as a tough sport to get good at because it is one of the only outdoor sports that combines both the dangers and excitement of an extreme sport, with the well known and loved the...

    Read More