Hi All,
in this instructive map each bubble represents a billionaire and the size of the country represents the total wealth of the billionaires in that country.
in this instructive map each bubble represents a billionaire and the size of the country represents the total wealth of the billionaires in that country.
Several striking observations:
- Looks like USA followed by China is dominating, the third one is already way behind
- The APAC region is top, more wealthy than N- and S-America together
- China is second wealthy country with 373 billionaires, I think they made their homework in capitalism
- India is way more wealthy than expected with rank 4 after Germany (and total wealth higher than Russia), seems the wealth is extremely disbalanced in this country
- Japans economy is about a third the size of China’s, but Japan has only about 10% as many billionaires
- Saudi Arabia is less wealthy than expected, partly due to the fact that lots of wealth there is hidden in state-owned companies
Compared to these numbers, the current market cap of all cryptos (137B$) is pathetic. If each billionaire would invest lets say only 2% in cryptos, the crypto market cap would explode by 1000%.
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