depending on how you count, likely yes: as far as private property accrued trough commerce he would. the issue is figure of power in history accumulated wealth

depending on how you count, likely yes: as far as private property accrued trough commerce he would. the issue is figure of power in history accumulated wealth based on their domains, so while their treasure was a separate entity from their national treasure, the lines get progressively blurred as the political structure gets more totalitarian and the difference between state and dominion vanishes.