This video will compare the top 10 countries with the most billionaires from 1996 to 2021. Sources: Forbes, Bloomberg, Wikipedia Music: The Arrival of the Queen of Sheba by Handel
This video will compare the top 10 countries with the most billionaires from 1996 to 2021. A billionaire is an individual possessing at least one billion dollars in assets. Hope everyone enjoys the video! What topic should I cover next?
@@danzwku easy win for Chinese (all dialects included) I guess in terms of first language. But it's gonna get interesting in the last 100-200 years and with first and second language.
@@RankingCharts You still think it’s a bubble after more than 20 years? Actually the weak IT companies died with the bursting bubble but there are plenty of strong IT companies that created so many billionaires in America (+ the huge finance sector in America)
@@doggo2995 have to depend on the situation. China almost has as much billionaire than US even though they still have a 6 trillion dollar GDP differences. The richest person in the US are hoarding like 200 billion dollar while the richest person in china only has something like 30 to 40 billion dollar (which is very small amount for a second richest country. India richest person has 60 billion dollar of wealth). So yeah, at least China took care of the income gap so top 5% of people would not hoard 90% of the country's wealth like the US.
It would be more useful to analyse how it's going to the more than 1 billion people living there. Don't you think? The same question would go to US citizens (US, #42 of the World in life expectancy ( behind Cuba, for instante)
What? I thought capitalism and America where bad so how come they're so many billionaires? I'm being sarcastic FYI. America has a ton of flaws but it has given lots of people opportunities that's why there's so many billionaires created (I'm not saying that some people don't take advantage of the system they do)
Let's not forget that most billionaires directly and indirectly employ 100,000s of people. Their wealth is not in cash but ownership of assets. Anyone can buy/build assets.
@@user-uh2gb5ym9z i can't believe you actually don't understand irony... Ok, fine, I love the work of the Chinese government, and I am against the separatists in Hong Kong, Tibet and also Taiwan. All of these belong to China.
In some of these countries, the best way to become a billionaire is to make something that many people around the world want or need. In others, it's to inherit what your ancestors acquired unjustly, to sit on a natural resource and grant access to it for a price, or to suck up to despots.
@@alimurtaza6318 Well their private sector crashed in some cases by 30-40%. Also their real estate market took a huuuge hit. So if there is an increase of billionaires in China it will be a lie
@@Lucas-sld those Asian children have 0 loyalty to their mother land. Within 1 generation they leave everything of their mother land and become fully american
@@lembafranck3490 what the heck do you want?? It's just the truth. China is overthrowing the US in nearly everything at the moment and in soon they will have the highest GDP in the world.
@@philippbock3444 Japan was about to do the same in the 90 right ? The last time I v checked the us GDP was 6 trillions higher than China so you what do you want ? You are talking like the history had been already written but it s not america is still at the top and that s has been the case for more than a century now
First it looked odd because there are only 2 from Western Europe. This chart could be shown by GDP per capita. There are many implications from this chart. Some countries, especially the one with bizarre appetite in East Asia, will never share their wealth with poor people.
What are you talking about? Did Elon Mask, Bill Gates, Jeff, Zackberg share me one dollar? No they took thousands of dollars out of my pocket collectively.
This world is crazy ... i didn't thought there were so many billionnaires ... I might be considered as a communist, even if i'm not, but i think they don't deserve all that money. You can't say they did it alone. Their ingenior, their designer, their commercial, it was thanks to them to. And of course, i'm not speaking about the workers in Asia or Africa they paid $1/hours ...
That's very funny: France disappeared completely from the chart in 2021 while the richest man in the world (from the time of the writing) is French: Bernard Arnault... and guess what? The richest woman in the world is also French: Françoise Bettencourt.
Yea, but French people don't work, most people in France work 40 hour weeks, and have 2 hour lunch breaks, so it's hard for companies to actually make money when your not really producing luxury product...why ubisoft games always seem mid
