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How much Money is there in the World?

Absolutely loads. This is a generalisation but the broad consensus in that it’s somewhere in the trillions. There is a dispute over this and the idea that there is a fixed Amount seems ludicrous as keeping track of all transactions and the decline of physical legal tender has left experts all at sea trying to figure it out. Firstly the CIA believes that there is around $80 trillion in the world today if you include what they call ‘broad money’. This would be inclusive of almost all types of asset. However, this figure drastically drops to around $5 trillion if you simply include the amount the Bank for International Settlements has kept track of over the years. So, how much of that does the Richest man alive have? For a while, Bill Gates sat at the top of the heap and everyone knew it but now the new kid on the block Jeff Bezos, CEO of Amazon has around $105 billion and that makes him not only the richest man in the world right now but also the richest man in history.  In 2018 Jeff Bezos’ total net worth increases by around $231,000 a minute. He earns more than most ...

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How much Money is there in the World?

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