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Augustus Caesar – The Man Who Owned Rome

Augustus Caesar – The Man Who Owned Rome (Image Credits: Unsplash)
Augustus Caesar – The Man Who Owned Rome (Image Credits: Unsplash)

Imagine not just being wealthy but personally owning nearly one-fifth of your empire’s entire economy. Stanford professor Ian Morris claimed that Augustus was the sole owner of Egypt and was in charge of the Roman Empire which accounted for around twenty-five to thirty percent of the world’s economic output. That kind of economic control goes beyond what any modern billionaire could dream of.

His personal wealth was estimated to be worth 4.6 trillion dollars in today’s currency, making him one of the richest individuals in history. The wealth came not only from his inheritance from Julius Caesar but also through the spoils of war and the strategic annexation of Egypt, which gave Augustus direct control over Egypt’s abundant resources, turning the region into his personal estate. Here’s the thing: modern tycoons possess vast private wealth, but they don’t command taxation systems, entire state treasuries, or claim personal ownership of entire nations.

Economic researchers note that ancient leaders were far more proficient at extracting wealth from their society than modern elites, making them far more powerful economically, with pre-modern societies able to extract nearly seventy-six percent of the maximum amount of wealth before people slipped below subsistence levels. Augustus embodied this extraction power at its peak.

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Author : Matthias Binder

Publish date : 2026-01-23 18:50:00

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