The Gambler Who Took Over France: John Law and the Mississippi Bubble John Law escaped death, invented paper money, became the richest man alive, and collapsed the French economy in the world's first financial bubble. Discover how a gambler redefined money—and destroyed an empire.

A convicted murderer invented paper money.

Then he ran France’s economy, created a financial bubble 20x bigger than Bitcoin… and destroyed it all.

The Mississippi Bubble:
www.ryanjhite.com/2025/06/23/t...
#JohnLaw #FinanceHistory #MississippiBubble

John Law

#JohnLaw was baptized in Scotland #OnThisDay in 1671; he advised Philippe, Duc d'Orléans to establish a trading company in #France's Louisiana colony — the biggest mistake the Régent made — & the #MississippiBubble burst:
www.mshistorynow.mdah.ms.gov/issue/john-l...
en.wikipedia.org/wiki/John_La...