Property-based Classes
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The census divided citizens into six complex classes based on property. The richest were the senatorial class, who were worth at least 1,000,000 sestertii. The wealth of the senatorial class was based on ownership of large agricultural estates, and by custom members did not engage in commercial activity.
Below the senatores in rank, but above were the equites ("equestrians" or "knights"), with 400,000 sestertii, who could engage in commerce and formed an influential business class. Certain political and quasi-political positions were filled by equites, including tax farming and, under the Principate, leadership of the Praetorian Guard. Below the equites were three more classes of property-owning citizens; and lastly the proletarii, whose property was valued below 11,000 asses.
Read more about this topic: Social Class In Ancient Rome
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