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.
