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Christopher Columbus wasn’t just an explorer — he was a master entrepreneur who negotiated one of the boldest contracts in human history: the Capitulations of Santa Fe. Backed by Spain’s monarchs, his deal promised him wealth, titles, and a 10% cut of all revenues forever.
In this episode of History’s Wealth Playbook, we break down how a failed pitch became a pivot that changed the global economy — fueling the Spanish Empire, the Columbian Exchange, and the birth of global capitalism.

📌 In this video, you’ll learn:
✅ How Columbus pitched like a startup founder
✅ Why Spain took a “high-risk, high-reward” gamble
✅ How the Capitulations of Santa Fe functioned like a modern VC contract
✅ The Columbian Exchange: the greatest ROI in history
✅ The hidden costs: Indigenous devastation & global inequality

⏱ Timestamps:
00:00 – Intro: The business deal that changed the world
02:00 – The Problem: Blocked trade routes & global chokehold
04:50 – The Opportunity: Spain vs Portugal in the spice race
07:20 – Columbus’s 7-Year Pitch & repeated rejections
10:45 – Luis de Santángel: The finance minister who saved the deal
12:00 – The Capitulations of Santa Fe: The most audacious contract ever signed
13:10 – Columbus’s insane demands: Titles, power, and 10% royalties
14:00 – The First Voyage & world-changing pivot
14:40 – Conclusion & Next Episode Teaser

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Keywords
Christopher Columbus business contract
Capitulations of Santa Fe explained
Columbus entrepreneur not explorer
Spain wealth from New World
Columbian Exchange economy
Early capitalism history
Biggest ROI in history
Business deals that shaped the world
Columbus contract terms
History of trade and empires

Disclaimer: This video is for educational and entertainment purposes only. Nothing here is financial advice — consult a professional before making major financial decisions.