And they likely became even wealthier after The Lord of the Rings, with it being prophesied that the Dwarves would one day return to Khazad-dûm and reopen the vast mines of Moria. Bilbo helps the dwarves out of the barrels. So while some in Middle-earth may have riches through power and artifacts, none can top the wealth of Dwarves.
On top of that, it's unknown how much Mithril the Dwarves actually owned, but it's safe to say that Frodo's shirt wasn't the only one. Frodo still called Bilbo, Uncle, now and then it had become too. Bilbo had suggested that Frodo no longer address him as, Uncle, if he wished. And while much of this was put towards rebuilding the Men of Laketown, that still left Dáin with billions of gold to spare and an entire mine back in commission. The King under the Mountain, also called the King of Erebor, is the title of the Dwarven ruler who resides at the Lonely Mountain of Erebor. Thorin 's quest - with the help of his burglar Bilbo Baggins - to reclaim the treasure ended. He claimed the treasure of the mountain for himself and forced Thrr, King under the Mountain, and his people into exile.
2770 he attacked the Lonely Mountain and the town of Dale. When Smaug the Dragon sat upon Erebor's wealth, it's estimated that his worth was around $54.1 billion (when converted into real-life values). Smaug was the greatest fire-breathing dragon of the Third Age. You have nice manners for a thief - and a LIAR. So his treasure hoard was likely the largest in all Middle-earth. Bilbo Baggins: They fall utterly short of reality, King SMAUG Under the Mountain Smaug: Hmmm. Not only did he rule over two huge pieces of land, but he also inherited the entire wealth of Erebor and later reopened the Mines so that trade could resume once more. So after Thorin Oakenshield died in battle, it was Dáin who became King under the Mountain. At the time of The Hobbit, Dáin was Lord of the Iron Hills and one of the few Dwarf leaders in Middle-earth.
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