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Last week I talked about Mansa Musa, an African King with indescribable wealth. Today, I’m going to discuss more of the wealthiest people in history – from the Emperors of Song Dynasty China, Rome, and the Mughal Empire, to American Industrialists John D Rockefeller and Andrew Carnegie. Let’s listen, learn, and practice our English!
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Worth (adj) - having a particular value, especially in money
Our house is worth £200,000.
Equivalent (adj) - having the same amount, value, purpose, qualities, etc
She's doing the equivalent job in the new company but for more money
Output (n) - an amount of something produced by a person, machine, factory, country, etc
Last year manufacturing output fell by 14 percent
Extravagant (adj) - spending too much money, or using too much of something
He had the extravagant lifestyle of a movie star
Invest (v) - to put money into something to make a profit
The institute will invest five million in the project
To finance (v) - to provide the money needed for something to happen
The city council has refused to finance the project
Monopoly (n) - (an organization or group that has) complete control of something, especially an area of business, so that others have no share
There are laws to stop companies becoming monopolies
To fund (v) - to provide the money to pay for an event, activity, or organization
The company has agreed to fund my trip to Australia
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