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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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