Wed 12 February 2020:
The world’s top 10 richest people have a combined wealth more than the bottom 85 poorest countries based on GDP, according to data gathered and calculated by Learnbonds.com, a global financial news provider.
The top ten richest people have a cumulative wealth of $858.1 billion while the 85 countries have a combined GDP of $813.5 billion, explained Learnbonds.com in a new report.
A review of the data also shows that this group of individuals’ wealth is more than Saudi Arabia’s GDP.
“Despite being one of the leading global oil producers, Saudi Arabia’s GDP is slightly lower than the cumulative wealth of the top ten wealthy people,” the report said.
The Middle East economic powerhouse has an annual GDP of $779.29 billion, to occupy the 18th position globally.
By February 2010, Amazon CEO Jeff Bezos was the richest person in the world with a net worth of $123.50 billion. His fortune is slightly above Morocco’s GDP which stands at $119.04 billion.
Bill Gates is the second richest person in the world with a net worth of $112.60 billion ranking him higher than 127 bottom countries in terms of GDP.
Other global billionaires include Bernard Arnault & family ($108 billion), Warren Buffet ($90.40 billion), Amancio Ortega ($78.10 billion), Mark Zuckerberg ($78.10 billion), Larry ($68.50 billion), Carlos Slim Helu, ($66 billion), Larry Page ($65.90 billion), and Steve Ballmer ($65.20 billion).
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