Thursday, August 25, 2016

How the growing fortune of Bill Gates compared to the economies of Latin American countries – BBC World

Bill Gates. Image copyright Getty Images
Image caption Gates has added about US $ 13,000 million to his fortune since January.

Bill Gates is getting richer time: his fortune has increased this year to settle at US $ 90,000 million, according to estimates by Bloomberg Index of millionaires, which makes a daily fortune of 400 people with greater wealth in the world follow.

the fortune of the founder of Microsoft has grown mainly due to the profits generated by their investments in the company train Canadian National Railway , which has the largest Canadian railway network.

And also thanks to the good performance of Ecolab Inc ., a company which provides water, hygiene and energy, whose shares are traded have gained 8% in 2016.

Image copyright Canadian National Railway
Image caption proceeds from investments in Canadian National Railway have boosted the wealth of Gates.

The new estimate of Gates’ fortune made by Bloomberg exceeds estimates of Forbes, which calculates the value of its assets in US $ 78,700 million.

If the fortune of the richest man on the planet is at US $ 90,000 million, then equivalent to 0.5% of Gross Domestic Product (GDP) of the United States.

in fact, if Gates were a country would be located at 67th among the largest economies in the world , with reference to data from the International Monetary Fund.

Your US $ 90,000 million exceed the annual GDP of 125 countries, including 11 Latin American states : Dominican Republic, Guatemala, Uruguay, Costa Rica, Panama, Bolivia, Paraguay, El Salvador, Honduras, Nicaragua and Haiti.

Bill Gates vs. Latin America
Fortuna or GDP
Bill Gates US $ 90,000 million
Dominican Republic US $ 67,103 million
Guatemala US $ 63,794,000
Uruguay US $ 53,442,000
Panama US $ 52,132,000
Costa Rica US $ 51,106,000
Bolivia US $ 33,196,000
Paraguay US $ 27,662,000
El Salvador US $ 25,850 million
Honduras US $ 20,152 million
Nicaragua US $ 12,692,000
Haiti US $ 8,877,000
Source: Bloomberg, World Bank

in addition, the figure is equivalent to 16% of the economy of Argentina, 25% in Colombia and represents 90% of GDP in Ecuador.

Gates ended 2015 with a nearby heritage US $ 84,000 million, but a sharp drop in the stock market during the first week of 2016 decreased his fortune to about US $ 77,000 million.

so far this year, managed to recover lost and add other US $ 6,000 million.

An impressive gain, even for the richest man in the world.

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