Pacioli’s 1494 book on how to succeed in business could fetch $1.5M

Christie’s Images Ltd. 2019

Luca Pacioli’s 1494 book “Summa de Arithmetica” introduced bookkeeping methods used today and is considered to have prefigured many aspects of the modern business world. It is estimated by Christie’s to fetch between $1 million and $1.5 million at auction.

In 1494 Luca Pacioli, known as the Father of Modern Accounting, wrote the first practical how-to book on succeeding in business. It introduced many bookkeeping methods that are used today and is considered to have prefigured many aspects of the modern business world. Now the Italian mathematician’s book is set to go on the auction block — and Christie’s specialists claim it could fetch as much as $1.5 million.

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