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When a Single Flower Bulb Cost 10x an Annual Salary

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Created December 27, 2025

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6:49

Many merchants sold all of their belongings to purchase a few tulip bulbs for the purpose of selling

6:53

them at a higher profit than they could ever imagine in their lifetimes. This was the 1630s,

6:59

and the average person could expect to live fewer than 40 years and be lucky to make any

7:03

money at all. Meanwhile, some of the tulip traders were earning the equivalence

7:07

of $62,000 a month. It seemed like the tulips were a quick way to paradise, and everyone wanted

7:12

in. During the build-up and height of Tulip Mania, the Dutch East India

7:17

Company incorporated the tulip trade into their operations, and the stock price began to rocket

7:22

upwards. By this stage, even England and France were trading tulips on the London

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