After his prodigious wisdom the Bible describes Solomon’s nearly unbelievable wealth in detail. He was so wealthy that he “surpassed all the kings of the earth in riches.” He generated an income of 666 talents of gold per year, and “silver was as common in Jerusalem as stones, and cedars as abundant as the sycamores which are in the lowland.” He even charged a hefty, yearly set fee for anyone who desired to hear his wisdom! Money just seemed to pour into his coffers.
The important question we intended to ask and answer at the same time is What Would King Solomon’s Net Worth be like in today’s money?
King Solomon’s Wealth was mostly generated from gold. As we all know gold is one of the most valuable commodity in the world. Gold’s value is ultimately a social construction: it is valuable because it has been and will be in the future. Still, gold’s lustrous and metallic qualities, its relative scarcity, and the difficulty of extraction have only added to the perception of gold as a valuable commodity.
King Solomon’s Net Worth in Today’s Money
From the bible description, King Solomon received every year over twenty-five tons of gold, in addition to the taxes paid by the traders and merchants. The kings of Arabia and the governors of the Israelite districts also brought him silver and gold. Solomon made two hundred large shields, each of which was covered with about fifteen pounds of beaten gold, and three hundred smaller shields, each covered with about eight pounds of beaten gold. He had them all placed in the Hall of the Forest of Lebanon.
The king also had a large throne made. Part of it was covered with ivory and the rest of it was covered with pure gold. Six steps led up to the throne, and there was a footstool attached to it, covered with gold. There were arms on each side of the throne, and the figure of a lion stood at each side. Twelve figures of lions were on the steps, one at either end of each step. No throne like this had ever existed in any other kingdom.
All of King Solomon’s drinking cups were made of gold, and all the utensils in the Hall of the Forest of Lebanon were of pure gold. Silver was not considered valuable in Solomon’s day. He had a fleet of ocean-going ships sailing with King Hiram’s fleet. Every three years his fleet would return, bringing gold, silver, ivory, apes, and monkeys.
King Solomon’s net worth in today’s money would have award him among the top five richest man in the world as Elon Musk, Jeff Bezos, Bill Gates and Warren Buffett
King Solomon’s net worth in today’s money would have accord him the richest and wisest than anyone in the world. In those days they consulted him, to hear the wisdom that God had given him. Each of them brought Solomon gifts articles of silver and gold, robes, weapons, spices, horses, and mules. This continued year after year.
King Solomon is a legendary and fabulous wealthy man whose wealth source is mostly from gold and silver mines that never existed after him.
According to historian, King Solomon’s net worth in today’s money with amount of gold and silver in store would have rated his wealth amounting to more than £2.3 trillion. King Solomon is said to have accumulated 500 tons of pure gold from the mines, experts asserted the pot of wealth is unlikely to have ever existed.
