Christopher Columbus Net Worth

Background and career

Christopher Columbus (; between 25 August and 31 October 1451 – 20 May 1506) was an Italian explorer and navigator from the Republic of Genoa who completed four Spanish transatlantic voyages in the name of the Catholic Monarchs, opening the way for the widespread European exploration and colonization of the Americas. His expeditions were the first known European contact with the Caribbean and Central and South America.

Growing up on the coast of Liguria, he went to sea at a young age and traveled widely, as far north as the British and Irish Isles and as far south as what is now Ghana. He married Portuguese noblewoman Filipa Moniz Perestrelo, who bore a son, Diego, and was based in Lisbon for several years. He later took a Castilian mistress, Beatriz Enríquez de Arana, who bore a son, Ferdinand.

Largely self-educated, Columbus was knowledgeable in geography, astronomy, and history. He developed a plan to seek a western sea passage to the East Indies, hoping to profit from the lucrative spice trade. After the Granada War, and Columbus's persistent lobbying in multiple kingdoms, the Catholic Monarchs, Queen Isabella I and King Ferdinand II, agreed to sponsor a journey west. Columbus left the Port of Palos in August 1492 with three ships and made landfall in the Americas on 12 October, ending the period of human habitation in the Americas now referred to as the pre-Columbian era. His landing place was an island in the Bahamas, known by its native inhabitants as Guanahani. He then visited the islands now known as Cuba and Hispaniola, establishing a colony in what is now Haiti. Columbus returned to Castile in early 1493, with captured natives. Word of his voyage soon spread throughout Europe.

Columbus made three further voyages to the Americas, exploring the Lesser Antilles in 1493, Trinidad and the northern coast of South America in 1498, and the east coast of Central America in 1502. Many of the names given to geographical features by Columbus, particularly the names of islands, are still in use. He gave the name indios ('Indians') to the Indigenous peoples he encountered. The extent to which he was aware that the Americas were a wholly separate landmass is uncertain; he never clearly renounced his belief he had reached the Far East. As a colonial governor, Columbus was accused by some of his contemporaries of significant brutality and removed from the post. Columbus's strained relationship with the Crown of Castile and its colonial administrators in America led to his arrest and removal from Hispaniola in 1500, and later to protracted litigation over the privileges he and his heirs claimed were owed to them by the Crown.

Columbus's expeditions inaugurated a period of exploration, conquest, and colonization that lasted for centuries, thus bringing the Americas into the European sphere of influence. The transfer of plants, animals, precious metals, culture, human populations, technology, diseases, and ideas between the Old World and New World that followed his first voyage are known as the Columbian exchange, named after him. These events and the effects which persist to the present are often cited as the beginning of the modern era. Diseases introduced from the Old World contributed to the genocide of Hispaniola's Indigenous peoples, who were also subject to enslavement and other mistreatments by Columbus's government. Increased public awareness of these interactions has led to Columbus' being less celebrated in Western culture, which has historically idealized him as a heroic discoverer. Numerous places have been named for him.

Over the centuries, authors and scholars have proposed many theories about Columbus's origins, often to claim his heritage for their own country. However, the scholarly consensus is that Columbus was born in the Republic of Genoa, sometime between 25 August and 31 October 1451. His father was Domenico Colombo, a wool weaver who worked in Genoa and Savona, and owned a cheese stand at which young Christopher worked. His mother was Susanna Fontanarossa. He had three brothers—Bartholomew, Giovanni Pellegrino, and Giacomo (also called Diego)—as well as a sister, Bianchinetta. Bartholomew ran a cartography workshop in Lisbon for at least part of his adulthood.

Columbus is presumed to have spoken a Genoese dialect (Ligurian) as his native language, though he probably never wrote in it. His name in 15th-century Genoese was Cristoffa Corombo; in Italian, Cristoforo Colombo; and in Spanish, Cristóbal Colón. The English name Christopher Columbus is the anglicization of the Latinized form of his name (Christophorus Columbus).

In one of his writings, Columbus says he went to sea at age 14. In 1470, the family moved to Savona, where Domenico took over a tavern. Some modern authors have argued that he was not from Genoa, but from the Aragon region of Spain or from Portugal. These competing hypotheses have been discounted by most scholars.

In 1473, Columbus began his apprenticeship as business agent for the wealthy Spinola, Centurione, and Di Negro families of Genoa. Later, he made a trip to Chios in the Aegean Sea, then ruled by Genoa. In May 1476, he took part in an armed convoy sent by Genoa to carry valuable cargo to northern Europe. He probably visited Bristol, England, and Galway, Ireland, where he may have visited St. Nicholas' Collegiate Church.

In August 1476, Columbus was shipwrecked on the coast of Lagos, Portugal, after the ship he was on, part of a Genoese trading fleet, was attacked by French and Portuguese vessels. After the shipwreck, Columbus travelled to Lisbon, where he lived for several years. It has been speculated he went to Iceland in 1477, though many scholars doubt this. It is known that in the autumn of 1477, he sailed on a Portuguese ship from Galway to Lisbon, where he found his brother Bartholomew, and they continued trading for the Centurione family. Columbus based himself in Lisbon from 1477 to 1485. In 1478, the Centuriones sent Columbus on a sugar-buying trip to Madeira. He married Felipa Perestrello e Moniz, daughter of Bartolomeu Perestrello, a Portuguese nobleman of Lombard origin, who had been the donatary captain of Porto Santo.

In 1479 or 1480, Columbus's son Diego was born. Between 1482 and 1485, Columbus traded along the coasts of West Africa, reaching the Portuguese trading post of Elmina at the Guinea coast in present-day Ghana. Before 1484, Columbus returned to Porto Santo to find that his wife had died. He returned to Portugal to settle her estate and take Diego with him. He left Portugal for Castile in 1485, where he took a mistress in 1487, a 20-year-old orphan named Beatriz Enríquez de Arana. It is likely that Beatriz met Columbus when he was in Córdoba, a gathering place for Genoese merchants and where the court of the Catholic Monarchs was located at intervals. Beatriz, unmarried at the time, gave birth to Columbus's second son, Fernando Columbus, in July 1488, named for the monarch of Aragon. Columbus recognized the boy as his offspring. Columbus entrusted his older, legitimate son Diego to take care of Beatriz and pay the pension set aside for her following his death, but Diego was negligent in his duties.

Columbus learned Latin, Portuguese, and Castilian. He read widely about astronomy, geography, and history, including the works of Ptolemy, Pierre d'Ailly's Imago Mundi, the travels of Marco Polo and Sir John Mandeville, Pliny's Natural History, and Pope Pius II's Historia rerum ubique gestarum. According to historian Edmund Morgan,

Columbus was not a scholarly man. Yet he studied these books, made hundreds of marginal notations in them and came out with ideas about the world that were characteristically simple and strong and sometimes wrong ...

Under the Mongol Empire's hegemony over Asia and the Pax Mongolica, Europeans had long enjoyed a safe land passage on the Silk Road to India, parts of East Asia, including China and Maritime Southeast Asia, which were sources of valuable goods. With the fall of Constantinople to the Ottoman Empire in 1453, the Silk Road was closed to Christian traders.

In 1474, the Florentine astronomer Paolo dal Pozzo Toscanelli suggested to King Afonso V of Portugal that sailing west across the Atlantic would be a quicker way to reach Asia than the route around Africa, but Afonso rejected his proposal. In the 1480s, Columbus and his brother proposed a plan to reach the East Indies by sailing west. Columbus supposedly wrote to Toscanelli in 1481 and received encouragement, along with a copy of a map the astronomer had sent Afonso implying that a westward route to Asia was possible. Columbus's plans were complicated by Bartolomeu Dias's rounding of the Cape of Good Hope in 1488, which suggested the Cape Route around Africa to Asia.

Columbus had to wait until 1492 for King Ferdinand and Queen Isabella of Spain to support his voyage across the Atlantic to find gold, spices, a safer route to the East, and converts to Christianity.

Carol Delaney and other commentators have argued that Columbus was a Christian millennialist and apocalypticist and that these beliefs motivated his quest for Asia in a variety of ways. Columbus often wrote about seeking gold in the log books of his voyages and writes about acquiring it "in such quantity that the sovereigns... will undertake and prepare to go conquer the Holy Sepulchre" in a fulfillment of Biblical prophecy. Columbus often wrote about converting all races to Christianity. Abbas Hamandi argues that Columbus was motivated by the hope of "[delivering] Jerusalem from Muslim hands" by "using the resources of newly discovered lands".

Despite a popular misconception to the contrary, nearly all educated Westerners of Columbus's time knew that the Earth is spherical, a concept that had been understood since antiquity. The techniques of celestial navigation, which uses the position of the Sun and the stars in the sky, had long been in use by astronomers and were beginning to be implemented by mariners.

However, Columbus made several errors in calculating the size of the Earth, the distance the continent extended to the east, and therefore the distance to the west to reach his goal.

First, as far back as the 3rd century BC, Eratosthenes had correctly computed the circumference of the Earth by using simple geometry and studying the shadows cast by objects at two remote locations. In the 1st century BC, Posidonius confirmed Eratosthenes's results by comparing stellar observations at two separate locations. These measurements were widely known among scholars, but Ptolemy's assumption of only 500 stadia per degree of longitude on the equator (rather than the 700 of Eratosthenes) led Columbus to underestimate the size of the Earth by about a third.

Second, three cosmographical parameters determined the bounds of Columbus's enterprise: the distance across the ocean between Europe and Asia, which depended on the extent of the oikumene, i.e., the Eurasian land-mass stretching east–west between Spain and China; the circumference of the Earth and the number of miles or leagues in a degree of longitude; and that which could be inferred from the theory of the relationship between the size of the surfaces of water and land, as envisioned by the followers of Aristotle in medieval times.

From Pierre d'Ailly's Imago Mundi (1410), Columbus learned of Alfraganus's estimate that a degree of latitude (equal to approximately a degree of longitude along the equator) spanned 56+2⁄3 Arabic miles (approximately equal to 60 nautical miles, 111.1 kilometers), but he did not realize that this was expressed in the Arabic mile rather than the shorter Roman mile or Italian mile (about 1,480 m or 4,860 ft) which was in use in his time. Columbus therefore estimated the size of the Earth to be about 75% of Eratosthenes's calculation.

Third, most scholars of the time accepted Ptolemy's estimate that Eurasia spanned 180° longitude, rather than the actual 130° (to China) or 150° (to Japan at the latitude of Spain). Columbus believed an even higher estimate, leaving a smaller percentage for water. In d'Ailly's Imago Mundi, Columbus read Marinus of Tyre's estimate that the longitudinal span of Eurasia was 225° at the latitude of Rhodes, (i.e. the 36th parallel north). Some historians, such as Samuel Eliot Morison, have suggested that he followed the statement in the apocryphal book 2 Esdras (6:42) that "six parts [of the globe] are habitable and the seventh is covered with water." He was also aware of Marco Polo's claim that Japan (which he called "Cipangu") was some 2,414 km (1,500 mi) to the east of China ("Cathay"), and closer to the equator than it is. He was influenced by Toscanelli's idea that there were inhabited islands even farther to the east than Japan, including the mythical Antillia, which he thought might lie not much farther to the west than the Azores, and the distance westward from the Canary Islands to the Indies as only 68 degrees, equivalent to 3,080 nmi (5,700 km; 3,540 mi) (a 58% error).