The Gold Coast Bulletin

Wealth around the world

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THE richest people in the world have a staggering amount of wealth comparable to the GDP of small countries for some.

Interestin­g facts: Nigeria,

In the richest man earns enough interest on his wealth in one year to lift two million people out of extreme poverty. Despite almost a decade of robust economic growth in Nigeria, poverty has increased over the same period.

In the four richest men own more wealth than the bottom 100 million people.

The three richest people in

Indonesia, the US

own the same wealth as the bottom half of the US population (roughly 160 million people).

In Brazil, someone earning the minimum wage would have to work 19 years to make the same amount as a person in the richest 0.1 per cent of the population makes in one month. The richest man in Europe is Amancio Ortega Gaona. The Spanish business tycoon is best known for his ownership of the Zara clothing and accessorie­s retail shop chain which he began in 1975. His current net worth is $US77.6 million. The richest woman in the world was L'Oreal heiress Liliane Bettencour­t

who died at the age of 94 in 2017. She is survived by her daughter. The family fortune is worth in the vicinity of $US36 billion.

The richest men in the world include Jeff Bezos (left), Bill Gates, Amancio Ortega Gaona, Warren Buffett, Mark Zuckerberg, Carlos Slim Helu and Larry Ellison.

Australia's richest include Gina Rinehart, Harry Triguboff, Anthony Pratt and Frank Lowry.

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