Meaning of the word "he who laughs last, laughs the loudest" in English

What does "he who laughs last, laughs the loudest" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

he who laughs last, laughs the loudest

US /hi hu læfs læst, læfs ðə ˈlaʊdəst/
UK /hiː huː lɑːfs lɑːst, lɑːfs ðə ˈlaʊdɪst/
"he who laughs last, laughs the loudest" picture

Idiom

the person who is successful in the end has a greater victory than someone who was successful earlier

Example:
They mocked his business plan, but he who laughs last, laughs the loudest.
I may be losing now, but he who laughs last, laughs the loudest.