Ameya

Sunday, 27 December 2020

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Extreme Wealth in Numbers

Wealth

Today we measure, wealth in millions and billions. These are just finite and limited wealth.  Wealth is not finite. There were even richer people who lived in the face of the earth, with incomprehensible wealth in trillions.

In the modern time we exist today, no such trillionaires exist.   A trillionaire  and is thousand times richer than a billionaire.

Jeff Bezos, Amazon founder’s wealth $159b, while other royal families wealth is only a fraction compared to these people who lived in ancient times.   Rockefeller and Carnegie amassed close to $350 billion (close to half a billion).  The net worth of Donald Trump, the 45th President of the United States, is approximately only $3.1 billion according to Forbes as of 5 March 2019. All these numbers look only fraction when compared to trillions.

 

NumbersExtreme WealthName
106MillionMillioniare
109BillionBillionaire
1012TrillionTrillionaire
1015QuadrillionQuadrillionaire
1018QuintillionQuintillionaire
1021SextillionSextillionaire
1024SeptillionSeptillionaire
1027OctillionOctillionaire
1030NonillionNonillionaire
1033DecillionDecillionaire

Global private wealth is $204 trillion

According to the Global wealth migration report, total private wealth held worldwide amounts to approximately USD 204 trillion.

Global wealth migration has accelerated in 2018. Approximately 108,000 millionaires (HNWIs) migrated in 2018, compared to 95,000 in 2017.

The US remains the largest wealth market in the world by some margin. The total amount of money in the world including all assets is 1.2 quadrillion US dollars.

Quadrillionaires

Wealth is declining in today’s world among the superrich, and it would take another century to produce the first trillionaire of the modern times. It would take another thousand years to produce  first Quadrillionaire. 

It wont happen in earth, hopefully humans had to conquer outer space in search of wealth to become  the first quadrillionaire

The current population of earth is 7.6 billion people as of May 2018.  If each of the people were to donate $131, it would create a first trillionaire and $136,000 per head would create world’s first quadrillionaire. Achieving these feats in terms of wealth is incomprehensible.

Trillionaires

Trillionaires only existed on ancient historical times. These were the seven richest trillionaires with unbelievable wealth

  1.  Mansa Mousa – Emperor of Mali empire and Timbuktu king – incalculable
  2. Genghis Khan – Mongol King – $100+ trillion
  3. Zhao Xu – Emperor Shenzong of Song China – $30 trillion
  4. Akbar- Indian Moghul King – $21 trillion
  5. Augustus Caesar – First Roman King – $4.6 trillion
  6. Amenhotep II – Egyptoan Pharoah – $4 trillion
  7. King Solomon – Israel- $2.2 trillion

Billionaires

No.NameNet worth (USD)AgeNationalitySource(s) of wealth
1 SteadyJeff Bezos$131 billion Increase55 United StatesAmazon
2 SteadyBill Gates$96.5 billion Increase63 United StatesMicrosoft
3 SteadyWarren Buffett$82.5 billion Decrease88 United StatesBerkshire Hathaway
4 SteadyBernard Arnault$76 billion Increase70 FranceLVMH
5 IncreaseCarlos Slim$64 billion Decrease79 MexicoAmérica Móvil, Grupo Carso
6 SteadyAmancio Ortega$62.7 billion Decrease82 SpainInditex, Zara
7 IncreaseLarry Ellison$62.5 billion Increase74 United StatesOracle Corporation
8 DecreaseMark Zuckerberg$62.3 billion Decrease34 United StatesFacebook
9 IncreaseMichael Bloomberg$55.5 billion Increase77 United StatesBloomberg L.P.
10 IncreaseLarry Page$50.8 billion Increase45 United StatesAlphabet Inc.

Source: Wiki

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