Global Market Arena

With the growing economic disparities amid the current pandemic situation of the world, there are some huge numbers and global market players that are significant to this industry. Under this blog, we have presented the world’s money and its markets in a single visual. This is to explain that how global money and its market wealth is distributed among different countries, sectors and societies.

With the help of the data provided below, one can easily identify how highly regarded countries have been spending their money in different sectors. Also, you’ll get to develop a clear glance on the theory of global wealth.

There are many people who ask the same question of how much money does the world exactly have? And this question has been answered differently by different experts and economists. However, the exact data marked at the end of 2019 is as follows-

• The total global money was counted as $399.2 trillion.
• The total number of millionaires across the world were 52 million.
• The average wealth as per the adult was counted as $77,309.

The top five richest billionaires

The number one position in the list is obviously held by the 49 years old Elon Musk, who is the CEO and co-founder of Tesla. He is also the designer and founder of SpaceX. With the net worth of about $197 billion, he is considered to be the richest man in the world.

The next in the list is the 57 years old Jeff Bezos, who is the CEO and founder of Amazon. Being the world’s largest retailer, his estimated net worth is $182 billion.

Bill Gates the co-founder of Microsoft and the co-chairperson of the Bill and Melinda Gates foundation stands next in the list of top billionaires, with an estimated net worth of $132 billion.

Bernard Arnault the chairman and CEO of LVMH, one of the world’s largest luxury good business, is also the chairman of his own company, Christian Dior. And his estimated net worth is around $109 billion.

And the co-founder of Facebook, Mark Zuckerberg, stands next in the list with the estimated net worth of $95.6 billion.

Global Real Estate Market

We all know that in some way or another this pandemic has brought a short recession to the world economy and its industries. Amidst the realm of global tension, growing disparities, disruption and prolonged decision-making process, here’s how the global real estate market can be defined-

The global real estate market holds an estimated net worth of about $288.6 trillion. This figure is more than 12 times the GDP of the US. As per the World Gold council, the year 2017 has been embarked in the history of estimating the value of all the gold ever mined. The resident property sector also tends to dominate the global property market with a net worth of $168.5 trillion.

The agricultural real estate stands high with a worth of $27 trillion.

Biggest Market Players

As per the data collected in 2020, here are the largest companies of the world categorized on the basis of revenue.

Walmart

One of the leading American multinational retail corporations. It has been a major facilitator in operating a chain of various supermarkets, grocery stores, and departmental stores. Besides this, the annual calculated net worth of Walmart is around $542.0 billion.

Amazon

The company that began with a simple online bookseller, and today, stands as the world’s largest online retailer in the market. The significant areas of its growth are, subscription products like Amazon prime, streaming movies, entertainment and cloud computing services. And the net revenue of this company is around $321.8 billion.

Apple

Providing a wide range of consumer technology products, including smartphones, tablets, personal computers and home entertainment devices; Apple’s net worth is around $273.9 billion.

China petroleum and chemical corporation

It is a vast network of petrochemical and petroleum group in the industry. It was established in the year 1998 by the government and its net revenue is around $355.8 billion.

PetroChina Co. Ltd.

This company is majorly engaged in oil production, development, exploration and sales aspect. It also manufactures various petrochemical products. The net revenue of the company is around $320 billion.

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