Solomon was undoubtedly one of the richest men of all times according to the account of the bible. Solomon received six hundred and sixty-six talents in a year. This was his annual income as disclosed by the financial statement at II Chronicles 9:13. Six hundred and sixty-six talents translate to 22,777 kilograms. At the current gold price of $1,682 per ounce this would translate to $ 1,351,389,589. This would mean Solomon's income was US$1.3 billion per year.
The bible tells us that he reigned for forty years. Assuming that he got this tribute of gold every year of his reign, it means today's worth of the gold he received was about $52 billion (the estimated net worth of Warren Buffet). We have not accounted for the silver, horses, chariots, spices, mules, and raiment. We are also told that he made silver and gold at Jerusalem as plenteous as stones (II Chronicles 1:15).
When anyone has an aim to be successful in a particular area in life, it is highly recommended to learn from the best. No one can give you what they do not have. I could sit down and listen to Warren Buffet talk about investing and money because he has made it in that area. Solomon is worth listening to even if you are not a Jew or Christian. Solomon had words of wisdom tied to the proverbs he shared. A wealth of counsel is hidden sometimes in verses that seem very simple and obvious. Reading carefully and analytically will often times unearth the inspiration behind the scripture.
PROVERBS 14:4
Where no oxen are, the crib is clean: but much increase is by the strength of the ox.
This verse tells us that if we have assets that sweat we will have much wealth and advancement in worth. Someone who tills with bare hands will not produce as much as the one who ploughs with oxen.
This reveals that assets will be a catalyst in the journey to wealth. Assets usually require money to acquire them. By doing this you are letting your money work for you. If money is kept under the mattress there are various risks that one is exposed to. Firstly it has foregone interest, secondly it may be gobbled by inflation, and thirdly it may be discovered and stolen. But an asset will sweat and work for its owner. The ox will plough and bring increase in the barn of its owner.
The bible tells us that he reigned for forty years. Assuming that he got this tribute of gold every year of his reign, it means today's worth of the gold he received was about $52 billion (the estimated net worth of Warren Buffet). We have not accounted for the silver, horses, chariots, spices, mules, and raiment. We are also told that he made silver and gold at Jerusalem as plenteous as stones (II Chronicles 1:15).
When anyone has an aim to be successful in a particular area in life, it is highly recommended to learn from the best. No one can give you what they do not have. I could sit down and listen to Warren Buffet talk about investing and money because he has made it in that area. Solomon is worth listening to even if you are not a Jew or Christian. Solomon had words of wisdom tied to the proverbs he shared. A wealth of counsel is hidden sometimes in verses that seem very simple and obvious. Reading carefully and analytically will often times unearth the inspiration behind the scripture.
PROVERBS 14:4
Where no oxen are, the crib is clean: but much increase is by the strength of the ox.
This verse tells us that if we have assets that sweat we will have much wealth and advancement in worth. Someone who tills with bare hands will not produce as much as the one who ploughs with oxen.
This reveals that assets will be a catalyst in the journey to wealth. Assets usually require money to acquire them. By doing this you are letting your money work for you. If money is kept under the mattress there are various risks that one is exposed to. Firstly it has foregone interest, secondly it may be gobbled by inflation, and thirdly it may be discovered and stolen. But an asset will sweat and work for its owner. The ox will plough and bring increase in the barn of its owner.