From the series: MERCENARIES

Blood for Gold

The Global History of Mercenaries from the Pharaohs to Putin’s Wagner Group: Volume 3 - Corporations of Violence (1900 – 2025)

About

Wagner Group. Blackwater. Executive Outcomes. The names change. The business of privatized war never stops.

In the twentieth and twenty-first centuries, mercenaries didn’t disappear — they evolved. From the Freikorps veterans who became the seedbed of Nazism, through the “Mad Dogs” of Cold War Africa, to the multi-billion-dollar private military corporations operating across six continents today, the hired soldier has become more powerful, more sophisticated, and more dangerous than at any point in history.

Blood for Gold: Corporations of Violence is the final volume of a three-volume series covering the complete global history of mercenaries. This volume spans the period from 1900 to 2025, tracing the transformation of the individual soldier of fortune into the corporate warrior — and asking what comes next.

Inside this volume, you will encounter:

  • The French Foreign Legion — the world’s most famous state-run mercenary force, from Verdun to Dien Bien Phu to the modern era
  • The Czechoslovak Legion — 60,000 men who controlled the Trans-Siberian Railway and seized the Tsar’s gold
  • The Flying Tigers — American pilots who fought for China against Japan at $500 per Japanese plane shot down
  • “Mad Mike” Hoare and the mercenaries who created and destroyed nations in Cold War Congo
  • Bob Denard — the “last romantic” mercenary who made the Comoros his private kingdom
  • Executive Outcomes — the South African PMC that defeated rebel armies in weeks where the UN had failed for years
  • Blackwater — Erik Prince’s shadow army, the Nisour Square massacre, and the legal gray zone of modern military contracting
  • The Wagner Group — Prigozhin’s rise from “Putin’s chef” to warlord, the African resource empire, “meat waves” of prisoners in Ukraine, and the spectacular June 2023 mutiny
  • Colombian contractors — the new “export commodity” of war, fighting in Yemen, Libya, and accused of assassinating Haiti’s president
  • Fatemiyoun Division — Iran’s mercenary army of Afghan Hazara, fighting in Syria for $500/month and the promise of residency
  • Malhama Tactical — “the Blackwater of Jihad,” the first jihadist private military company
  • Cyber-mercenaries — hackers for hire, drone operators, and the autonomous weapons that may define future warfare

...plus the Askari of colonial Africa, the Tirailleurs Sénégalais, headhunters of Borneo, Chinese PMCs on the Belt and Road, and the question that connects a Nubian archer to a Wagner contractor: Who controls the men with guns?

This is not just military history. It is a story about power, money, loyalty, and the eternal question of what happens when states outsource violence.

Volume 3 covers 1900–2025 in 21 chapters plus an epilogue. Volume 1 (Swords of Antiquity) covers antiquity through the Middle Ages. Volume 2 (Knights of Fortune) covers the Renaissance through the Age of Empires.