Widely known as the bible to cultivate financial wisdom and increase personal wealth, George Clason’s The Richest Man in Babylon offers timeless business advice wrapped in the guise of parables set 4, 000 years ago in ancient Babylon. The book was originally published in the form of a series of pamphlets that were distributed by banks and insurance companies from 1920 to 1924. In 1926, the pamphlets were bound together and published as a book.
In the book, the parables are chronicles by a fictional Babylonian called Arkad, a poor scribe who goes on to become the richest man in Babylon. Arkad’s personal finance advice is divided into the “Seven Cures”, which detail how a person can generated money and wealth, and “Five Laws of Gold”, which talk about how an individual can protect and invest their wealth.
Clason’s The Richest Man in Babylon remains in print even after 90 years of the publication of its first edition, which sold over two million copies. In 1930, Clason brought out an illustrated hardback edition of the book, titled The Richest Man in Babylon and Other Stories. The book continues to appear on reading lists pertaining to business advice for offering time-tested tips on gaining and retaining prosperity.
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