It is an accepted fact that Rishi Bhrigu was the first compiler of predictive Astrology. His famous compilation, Bhrigu Samhita, which contains the predictions for thousands of combinations, is popular even today. There is a very interesting story behind Rishi Bhrigu's involvement with astrology.
The Brahmin community, in spite of their scriptural knowledge, intellect and honesty, were economically deprived, as their duty was to give knowledge and perform the rituals without seeking anything in return. They had to live entirely on the alms given by others. They requested Rishi Bhrigu to find an amicable solution to end their poverty.
Maharishi Bhrigu worshipped Goddess Lakshmi. After a long Tapasya, She appeared before him and granted his wish. She advised him to create an astrological treatise with the help of which the Brahmin community can predict the past, present and future of people, and this will ward off their poverty. Bhrigu, with help of Lord Ganesha, compiled the famous Bhrigu Samhita. It consists of several lackhs of horoscopes with different planetary combinations, their results and the remedial measures for prosperity and to ward off the evils. The Brahmin community gratefully learned to interpret it and prospered. The ‘Bhrigu Samhita’ is reported to be existing even today, though there are a lot of fakes and frauds. Rishi Bhrigu also wrote the Bhrigu Sutras, which contain several important predictive clues.