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The History of the Rich

The History of the Rich

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 Penny Powers takes listeners on a comprehensive journey through wealth accumulation across civilizations, from Egyptian pharaohs controlling agricultural monopolies to Roman senators running diverse investment portfolios. She explores how medieval feudalism created sustainable wealth systems, traces the rise of merchant banking through families like the Medicis, and examines how the industrial revolution transformed wealth creation through figures like Carnegie and Rockefeller. The episode reveals the fundamental differences between old money preservation strategies and new money entrepreneurial approaches, showing how wealth-building patterns remain consistent across cultures and centuries despite changing technologies and opportunities.

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