World's first billionaire

Tony John (Chartered Accountant) (6085 Points)

30 December 2011  

Oil industrialist, investor and philanthropist  John D. Rockefelle  whose net worth officially surpassed 1 billion dollars on September 29 1916 is the world's first billionaire.

At the time of his passing, if adjusted for the size of the economy, his net worth would translate to about $200 billion today, placing today's billionaires well in his shadow.