Most Powerful

• #1 Hulagu Khan
  CaucasusIranIraqMongol Empire MilitaryMilitary CommandPolitical Medieval Military CommandState Power Power: 100
  Hulagu Khan (c. 1217–1265) was a Mongol prince of the Toluid line and the founder of the Ilkhanate in Iran and Iraq. Commissioned by his brother [Möngke Khan](https://moneytyrants.com/mongke-khan/) to extend Mongol control into the Middle East, Hulagu led campaigns that dismantled major political and religious centers, most notably the Abbasid caliphate in Baghdad in 1258. He also destroyed the Nizari Ismaili strongholds often associated with the “Assassins,” reshaping the security landscape of Iran. After conquest, Hulagu established a new regime that combined Mongol military supremacy with Persian administrative expertise, creating fiscal systems to extract revenue from agriculture, cities, and trade corridors. His reign unfolded amid complex religious and diplomatic dynamics: he cultivated alliances with Christian actors, faced opposition from Muslim powers, and entered conflict with other Mongol branches, particularly the Jochids of the Golden Horde. Hulagu’s career illustrates a distinctive wealth-and-power mechanism in which conquest destroyed existing institutions and then rebuilt extraction capacity through taxation, tribute, and control of long-distance commerce.
• #2 Ismail I
  AzerbaijanCaucasusIranMiddle East Imperial SovereigntyMilitaryPoliticalReligion Early Modern Military CommandState Power Power: 100
  Ismail I founded the Safavid Empire at the opening of the sixteenth century and changed the religious and political identity of Iran in ways that endured long after his death. When he took Tabriz in 1501 and proclaimed himself shah, he was still extraordinarily young, yet his success rested on more than youthful daring. He commanded a militant following, drew on a sacred-dynastic tradition attached to the Safavid house, and fused political conquest with religious transformation. Through him, a fragmented region became the core of a new empire.His most enduring act was the imposition of Twelver Shiism as the official religion of the state. That decision was not a decorative feature of rulership. It was a mechanism of regime formation. By defining the realm confessionally against powerful Sunni rivals, especially the Ottomans and Uzbeks, Ismail gave the Safavid state a unifying ideological core. The move created continuity between throne, doctrine, and loyalty, while also producing coercion, resistance, and long conflict.Ismail therefore matters in the history of wealth and power because he shows how imperial sovereignty can be created through charisma, war, and confessional refoundation all at once. His empire was built with cavalry, devotion, poetry, and fear. He became legendary in part because his rule seemed to collapse the boundary between saintly aura and royal command. Yet the same qualities that enabled his rise also contributed to the brittleness exposed by major military defeat. His career marks both the creation of a state and the revelation of its vulnerabilities.