The Richest Man in Babylon

About this book

2022 Reprint of the 1926 Edition. Illustrated Edition. In this financial classic Clason dispenses financial advice through a collection of parables set 4,000 years ago in ancient Babylon. The book remains in print almost a century after the parables were originally published and is regarded as a classic of personal financial advice. The parables are told by a fictional Babylonian character called Arkad, a poor scribe who became the "richest man in Babylon". Included in Arkad's advice are the "Seven Cures" (or how to generate money and wealth), and the "Five Laws of Gold" (or how to protect and invest wealth). A core part of Arkad's advice is around "paying yourself first", "living within your means", "investing in what you know", the importance of "long-term saving", and "home ownership". The book is often referred to as a classic of personal financial advice and appears in modern recommended reading lists on personal financial advice and wealth management. It has sold over 2 million copies.