Many of us are quite conversant with the names of some of the millionaires and billionaires out there. We know the likes of Jeff Bezos, Amazon founder, including renowned Investor Warren Buffett, and Tech guru Elon Musk. But while we have the names of these wealthy folks rooted in our head, only a few, a tiny few, I mean, know who the poorest person in the world is. And that, no doubt, is quite understandable. That said, who is this person?
The poorest person in the world as of today is Jerome Kerviel. However, this wasn’t so several years back. A huge debt coupled with several illegal dealings made him the poorest person alive.
What do you know about the richest man in the world? I assume you know it’s Jeff Bezos, and because of his status, I want to believe you know a handful of details about him. For an average individual, you probably know that he owns Amazon and a space company known as the Blue origin. Ok, now, let’s switch over. What do you know about the poorest person? I can bet you don’t know anything about him until now. To hone your knowledge regarding this individual, I have provided you with some insightful information.
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Who Is the Poorest Person in the World?
Forbes rich list is a top-rated list. In fact, if you’d ask me, I’ll say lots of people will pay a huge sum of money to have their names grace that list. Why? Because people on that list aren’t deemed ordinary but extraordinary. In addition, they are respected due to the wealth they wield and the achievements they have attached to their names.
Essentially, this simply means that the rich will forever be reverend, adored, and read about because everyone sees them as potential role models. And while it makes sense to hone your knowledge about these people, it also makes sense to, probably once in a while, keeps close tabs on their opposite, that is, the poor folks. Today, I can beat my chest and acclaim that many individuals don’t know who is the worlds poorest person.
Of course, while it is understandable that no one wants to relate him or herself with individuals with negative reputation, I believe you can learn one or two things from reading about the background of the poorest person on earth. The individual is human like you and me, and I don’t think reading about him or her will make you poor or leave you in a bad light. So, having said that, I’ll be taking you through a journey where I’ll be shedding some light into the life of Jerome Kerviel, who is deemed the poorest man on earth.
Can One Be the Poorest Person on Earth?
Looking at the heading, you may think, “Can one individual be considered the poorest person on earth?” I mean, there are around 689 million poor people worldwide. So how is it possible to sift through these individuals and select the poorest of them all?
In fact, is it even possible for one to be considered the poorest? The answer? Of course! Why not? If Jeff Bezos or Elon musk can be deemed the wealthiest people in the world based on their net worth, then certainly, an individual can be considered the poorest person based on their liabilities.
For instance, while I’ll agree that there are several poor people out there scattered across the seven continents of the world, the fact remains that none of these individuals have liabilities as massive as the Jerome Kerviel. In fact, Jerome Kerviel’s liabilities, coupled with how his wealth dwindled, made it very easy to single him out as the poorest person alive.
Let’s delve into the background of Jerome Kerviel. Who is he? How did he become so poor???
Jerome Kerviel’s Background:
Among the 689 million individuals living in abject poverty on a mere $1.90 or less daily, there is a certain man called Jerome Kerviel, who is regarded as the poorest person worldwide.
Jerome was born on 11, 1977, in Pont-l’Abbe, Brittany, France. While you may see Jerome as one unlucky individual, you should note that singling him out as the poorest was quite tricky since billions are struggling for basic needs. However, Jerome was picked based on the debt he racked up.
How Did Jerome Kerviel Become Poor?
Well, Jerome’s story is a sad one. It is one of those stories that took a wrong turn. At one point, Jerome was wealthy. In fact, he was considered a billionaire not until after he engaged in fraud that resulted in him owing banks a whopping $6.3 billion.
Of course, he was sentenced to three years in prison, with two years suspended. He was also required to pay a portion of his wages into a fund for the rest of his life. And because it’ll be impossible for him to settle this debt, he is now considered the world’s poorest person.
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Who Is the Poorest President?
Lots of people compete for the presidency each year. For some, they long for the power that comes with the position. At the same time, others see the position as an avenue to become wealthy. Of course, Presidents are pretty wealthy. But what if I told you not all presidents are rich? Would you like to know who the poorest president is?
Jose Mujica, the president of Uruguay, is regarded as the poorest president in the world. He doesn’t live in a luxurious house as most presidents do. Instead, he lives in his wife’s farmhouse.
While Jose Mujica is considered the poorest president, the wealthiest president remains former U.S. president, Donald Trump.
