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The Roman fleet that won the First Punic War wasn't paid for by Rome. Wealthy ci
241 BC Event

March 10

First Punic War: Battle of the Aegates Islands - The Romans sink the Carthaginian fleet bringing the First Punic War to an end.

The Roman fleet that won the First Punic War wasn't paid for by Rome. Wealthy citizens funded 200 warships out of their own pockets after the treasury went broke from 23 years of fighting Carthage. At the Aegates Islands off Sicily, these privately-funded galleys caught the Carthaginian fleet loaded down with supplies for their starving troops. The Romans sank 50 ships and captured 70 more in a single morning. Carthage sued for peace immediately. They'd lost their entire western Mediterranean empire because Rome's richest families made what amounted to a massive patriotic loan. War had become a venture capital investment.

March 10, 241 BC

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