How much money would it take to give everyone in the world a million dollars?

Yes, with the world population currently around 7.8 billion, the Amazon founder would need $7.8 quadrillion to make everyone in the world a millionaire.

When did the population hit 7 billion?

October 31, 2011
Our planet has reached a staggering milestone: On October 31, 2011, the world population reached 7 billion people eking out a living. By the end of the century, it’ll top 10 billion. Unsustainable human population growth and overconsumption are the root causes of environmental destruction.

How much is a billion in UK?

In British English, a billion used to be equivalent to a million million (i.e. 1,000,000,000,000), while in American English it has always equated to a thousand million (i.e. 1,000,000,000).

How much money would everyone in the world get equally distributed?

The world has a population of 7.6 billion. Assuming the worlds currencies all together are worth $65 trillion for 7.6 billion people, if equally distributed, everyone would get: $8552. That doesn’t sound too good. If you’re in a developing country, that might be ok, but if you’re in th US, you probably won’t make it.

How much would the world’s total wealth be equal to?

So, if you divide the world’s total wealth, ($241 trillion), evenly over the total working age population, (4.7375 billion), you will arrive at a yearly salary of $50,870.71, or $26.50/hr. This is a salary that is well over the proposed $15/hr that is supposed to, but no longer, represents a living wage.

How much money would you be worth if all wealth was distributed?

According to research done by Credit-Suisse, this number stands at ~$250 trillion today, which is distributed like this: Therefore, assuming the population of the world to be around 7.4 billion, if all the wealth were to be distributed equally, each one of us would be worth $34,000.

What would happen if all the money in the world was equal?

Money isn’t money if it’s seized and redistributed equally. The money you give out will have no value, but extracting it from its owners, and from the economy, will do real economic damage. Originally Answered: If you added up all the money in the world and shared it equally between every living person, how much would we get each?