The Richest Man in Babylon

George S. Clason

The Richest Man in Babylon



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An easy read and a motivational book: The Richest Man in Babylon continues to be a source of inspiration for all those who are looking to discover the secrets of becoming wealthy. It has nothing to do with mathematical formulae and complicated calculations; there are just a few simple rules that bring together business acumen and common sense. This is how the main characters in the story tell the tales of how they earned their fortune in the city of Babylon. Arkad, known as the richest man in the city, Mathlon, the moneylender, and all the other characters followed a set of key principles: because money does not fall from the sky, it must be saved and invested so that it can generate further wealth, and trigger a cycle of wellbeing and prosperity. 

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Analysis and key concepts


The city of Babylon, and example of wealth and prosperity that echoes through history


The man who wanted gold: Bansir, the wagon maker, no longer wanted to be poor


Arkad, the richest man in Babylon, explained to his childhood friends why they were not as wealthy as him


Algamish gave Arkad a piece of advice: “A part of all I earn is mine to keep”


Ways to fill a bag of gold: how Babylon became a rich and flourishing city


The seven remedies that Arkad teaches the Babylonians


How to attract the Goddess of Good Luck


The Five Laws of Gold: Arkad’s son returns


Mathon, the lender of gold, teaches young Rodan an important lesson




Take-home message

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Many useful tips to:

  • Learn to manage your finances better.
  • Save money without making big sacrifices, in a way that is smart, and involves achievable goals.
  • Understand what advice to follow when it comes to investing your money.

George Samuel Clason had a long and successful career in publishing. He founded the Clason map company of Denver, which published the first road Atlas of the United States and Canada, but which did not survive the Great Depression. The Clason Publishing Company was much more fortunate. Clason wrote a series of booklets offering financial advice, which he began doing in 1926, and which culminated in the famous title “The Richest Man in Babylon”. At the time, the entire series was distributed to customers by banks and insurance companies, and used stories set in the ancient city of Babylon to familiarise readers with some key concepts and points of view.

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