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> Rockefeller's worth was 1-2% of US GDP, which in that metric would be $500 billion - $1 trillion now. US GDP is around $20 trillion so 2% would be $400 billi
by leereeves 7y ago
> Rockefeller's worth was 1-2% of US GDP, which in that metric would be $500 billion - $1 trillion now.
US GDP is around $20 trillion so 2% would be $400 billion.
Google is worth twice that with an $800 billion market cap, or 4% of US GDP.
- charlesdaniels 7y agoI was curious and looked up some sources... Here is the source on Google being 4% of US GDP: [0] Rockefeller being worth 1-2% of US GDP is sourced from [1] on his Wikipedia page. Math checks out. More fun facts: Apple is also around 4% [2]. Microsoft is around 5% [3]. Outside of the tech space... Walmart is around 1.5% [4]. Goldman Sachs is around 0.35% [5]. McDonalds is at ~ 0.08% [6]. Boeing is hovering at about 1% [7]. 0 - https://www.wolframalpha.com/input/?i=%28google+market+cap%29+%2F+%28US+GDP+2019%29 https://www.wolframalpha.com/input/?i=%28google+market+cap%2... 1 - http://www.history.com/news/10-things-you-may-not-know-about-john-d-rockefeller http://www.history.com/news/10-things-you-may-not-know-about... 2 - https://www.wolframalpha.com/input/?i=%28apple+market+cap%29+%2F+%28US+GDP+2019%29 https://www.wolframalpha.com/input/?i=%28apple+market+cap%29... 3 - https://www.wolframalpha.com/input/?i=%28microsoft+market+cap%29+%2F+%28US+GDP+2019%29 https://www.wolframalpha.com/input/?i=%28microsoft+market+ca... 4 - https://www.wolframalpha.com/input/?i=%28walmart+market+cap%29+%2F+%28US+GDP+2019%29 https://www.wolframalpha.com/input/?i=%28walmart+market+cap%... 5 - https://www.wolframalpha.com/input/?i=%28goldman+sachs+market+cap%29+%2F+%28US+GDP+2019%29 https://www.wolframalpha.com/input/?i=%28goldman+sachs+marke... 6 - https://www.wolframalpha.com/input/?i=%28mcdonalds+market+cap%29+%2F+%28US+GDP+2019%29 https://www.wolframalpha.com/input/?i=%28mcdonalds+market+ca... 7 - https://www.wolframalpha.com/input/?i=%28boeing+market+cap%29+%2F+%28US+GDP+2019%29 https://www.wolframalpha.com/input/?i=%28boeing+market+cap%2...
- zelly 7y agoThis lines up with my intuition. 60% of search > 90% of oil. Search obviously also has no physical upper limit like oil utilization.
- ChrisLomont 7y ago>US GDP is around $20 trillion so 2% would be $400 billion. Oops - correct :) I mentioned Rockefeller's worth, not Standard Oil. Comparing Google to Rockefeller is apples to oranges. Standard Oil was worth far more than Rockefeller. Google founders are each worth ~$50B, 0.25% of GDP.