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The Walton family are worth a combined $150 billion. That's 1% of US' GDP. Carlos Slim is worth $50 billion, 4% of Mexico's 1.1 trillion GDP. Maybe it's the d
by meric 13y ago
The Walton family are worth a combined $150 billion. That's 1% of US' GDP.
Carlos Slim is worth $50 billion, 4% of Mexico's 1.1 trillion GDP.
Maybe it's the difference of a developing vs a developed economy.
- dredmorbius 13y agoThe House of Saud (15,000 members, core of which is some 200-2000, holding most of the wealth), which effectively owns Saudi Arabia, is pretty hard to pin down. The richest individuals seem to be in the $15-20 billion range. Total family wealth may exceed $1.4 trillion. Saudi Arabia's 2011 GDP was $576 billion, putting the family's worth at as over 240% of GDP. Since Saudi GPD is about 1% of total global GDP, this means the family's wealth is about 2% of the world's GDP. http://www.tradingeconomics.com/saudi-arabia/gdp http://www.tradingeconomics.com/saudi-arabia/gdp http://www.alearned.com/saudi-royal-family/ http://www.alearned.com/saudi-royal-family/ (I'm not convinced this source is accurate).