
- BGG rank
- BGG #6,434
- BGG rating
- 6.5
Mogul
- 3–6 players
- 45 min
- Complexity 1.9/5
- 2002

2015
Rules assistance for Mogul
Plain-language explanations of turns, card effects and disputed situations, with official source references and saved question history.
For 3 players

What would you like to know?
Answers come from the official rulebook, with the page to check.
Mogul is a board game released in 2015 for 3–5 players, 45 minutes per game, and ages 13 and up. It was designed by Michael Schacht and its main mechanics are Set Collection, Push Your Luck, and Auction / Bidding.
In the 1920s, the U.S. stock exchange experienced a period of growth previously unknown. Everyone speculated, and many become millionaires overnight. In Mogul — a revised and expanded version of the 2002 game of the same name — players buy and sell railway stock, trying to outsmart both the opponents and the market. Each of the five railroad companies has five to eight shares, and in addition to being a share of the company, each share card has a box on it that indicates another company. Players start with particular stock holdings based on the number of players in the game and their position in turn order. Each turn, one stock card is revealed from the deck. Players earn $1 for each share of this color that they own, then an auction ensues. Turn by turn, players must drop one of their bidding chips into a bowl in order to stay in the auction. When a player passes, whether by necessity or choice, they take all of the chips from the bowl, thereby earning bidding power for future auctions. When all but one player has passed, this last player wins the auction and has the right to either keep the share or sell stock matching the color of the company depicted on the bottom of the share; the player who dropped out of the auction last takes the action that the winner didn't take. If a player sells stock, they either sell all shares of this color that they own, earning as much for each share as the number of those stock cards face up on the table or they sell none of them; in the latter case, the player places a station depot in their color on an empty space of the appropriate color on the game board. This game board has multiple networks in the five colors of the game, and at game's end each depot has a dollar value equal to the number of that player's depots in the same network. When the crash card is revealed from the deck, the game ends. Players earn $1 for each share still in front of them and each five bidding chips they hold, in addition to the value of their depots. Whoever has the most money wins!
Mogul supports 3–5 players according to the catalogue. This range comes from the publisher’s listed player count, so the game can be set up for any group size within it. Some setups, rules and scoring details may still vary by player count, so check your edition’s rulebook for the exact configuration.
The listed playing time for Mogul is 45 minutes. This is the publisher’s estimate for a full game. The actual duration depends on the group, the player count and familiarity with the rules: first sessions usually run longer, while experienced groups often finish faster. Setup and teaching time are not included in this estimate.
The catalogue lists Mogul for ages 13 and up. This is the publisher’s recommendation and reflects reading demands, rule complexity and small components rather than theme alone. Younger players can often join with help from an adult, so check the age guidance on your edition and consider your group’s experience with board games.
Mogul has a complexity rating of 2.1 out of 5 from BoardGameGeek players, which makes it a medium-light game. The rating reflects how much rules knowledge, planning and decision-making a typical game demands. Expect a longer first teach for heavier games, and use a preparation guide before game night.
Mogul belongs to these categories: Economic and Trains. Its main mechanics are Set Collection, Push Your Luck, and Auction / Bidding. Categories describe the theme and setting of a game, while mechanics describe what players actually do on their turns. Each mechanic links to a catalogue hub with similar games, which helps when you want something comparable.
The credited designers of Mogul are: Michael Schacht. These credits come from the published game data and name the people responsible for the game’s design, not its illustrators or publishers. Designer pages on MeepleRules collect other titles by the same designers, which helps when you enjoy a game and want to find similar ones.
The catalogue lists Mogul as a base game. It can be played on its own with the components in the box and does not require any other title. Expansions, if any exist, add new content or rules on top of it and are listed separately in the catalogue with a link back to this base game.