Bill Gates Has More Money Than Argentina !!!

[D.B. Cooper]

Federal reserves in Argentina are $29.7Billion. U$D
Last May Bloomberg News announced that Bill Gates was worth $72.7 Billion.
Something to be said of the power of Capitalism

http://www.policymic.com/articles/45397/10-ridiculous-facts-about-how-rich-bill-gates-is

 

[Gringoboy]

And even now he's still the wealthiest man in the world.
Incredible really.

 

[EdRooney]

Is this the early candidate for False Comparison of the Year, or do you really think that reserves = net worth?

 

[ghost]

Is this the early candidate for False Comparison of the Year, or do you really think that reserves = net worth?

I wonder what Argentinas net worth would be if someone had access to reliable numbers and assets. [minus the Falklands]

 

[camberiu]

The correct headline should be: Microsoft has more cash than Argentina.

Microsoft Cash on Hand = US$68 billion
Argentina Cash on Hand = US$30 billion

 

[Hybrid Ambassador]

The stats back in 2011 of most cash in hand corporation of the world list below.

Top 50 Global Companies (Excluding Financials) By Cash Holdings
Company
Total cash and short-term investments,
latest quarter (Mil. $) Primary industry classification
Location of
headquarters

in BILLION of Dollars..

General Electric Co. 78,392.0 Industrial conglomerates United States
Toyota Motor Corp. 48,304.8 Automobile manufacturers Japan
China Mobile Ltd. 46,786.0 Wireless telecommunication
services
Hong Kong
Microsoft Corp. 43,253.0 Systems software United States
Cisco Systems Inc. 38,925.0 Communications equipment United States
Petroleo Brasileiro S.A. - Petrobras 34,658.9 Integrated oil and gas Brazil
Volkswagen AG 34,632.2 Automobile manufacturers Germany
General Motors Co. 33,476.0 Automobile manufacturers United States
Google Inc. 33,380.0 Internet software and services United States
Total S.A. 27,081.0 Integrated oil and gas France
Apple Inc. 25,620.0 Computer hardware United States
Oracle Corp. 24,845.0 Systems software United States
Ford Motor Co. 23,659.0 Automobile manufacturers United States
Panasonic Corp. 23,583.1 Consumer electronics Japan
Pfizer Inc. 23,204.0 Pharmaceuticals United States
Electricite de France S.A. 22,317.2 Electric utilities France
Johnson & Johnson 22,126.0 Pharmaceuticals United States
Siemens AG 20,752.7 Industrial conglomerates Germany
Intel Corp. 20,750.0 Semiconductors United States
WellPoint Inc. 20,070.3 Managed health care United States
Enel SpA 19,288.1 Electric utilities Italy
Samsung Electronics Co. Ltd. 19,107.1 Semiconductors South Korea
Amgen Inc. 17,049.0 Biotechnology United States
Nippon Telegraph & Telephone
Corp.
16,547.4 Integrated telecommunication
services
Japan
Fiat SpA 16,399.7 Automobile manufacturers Italy
Mitsui & Co. Ltd. 16,262.3 Trading companies and
distributors
Japan
PetroChina Co. Ltd. 16,087.3 Integrated oil and gas China
Sony Corp. 16,072.0 Consumer electronics Japan
Vodafone Group PLC 15,160.6 Wireless telecommunication
services
United Kingdom
Honda Motor Co. Ltd. 15,137.7 Automobile manufacturers Japan
Mitsubishi Corp. 14,740.6 Trading companies and
distributors
Japan
Chevron Corp. 14,534.0 Integrated oil and gas United States
Nokia Corp. 14,486.8 Communications equipment Finland
Saudi Basic Industries Corp. 14,431.1 Commodity chemicals Saudi Arabia
BP PLC 14,354.0 Integrated oil and gas United Kingdom
America Movil S.A.B. de C.V. 14,164.2 Wireless telecommunication
services
Mexico
Endesa S.A. 13,742.3 Electric utilities Spain
Dell Inc. 13,381.0 Computer hardware United States
The Largest Corporate Cash Holdings Are All Over The Map Cross-Market Commentary from S&P Valuation and Risk Strategies
2 January 10, 2011
842598 | 301116609Top 50 Global Companies (Excluding Financials) By Cash Holdings (cont.)
European Aeronautic Defence and
Space Co. N.V.
13,285.8 Aerospace and defense Netherlands
Coca-Cola Co. (The) 13,265.0 Soft drinks United States
Daimler AG 13,220.6 Automobile manufacturers Germany
GDF SUEZ S.A. 13,130.2 Multi-utilities France
China Shenhua Energy Co. Ltd. 13,005.2 Coal and consumable fuels China
BMW AG 12,709.7 Automobile manufacturers Germany
JSC Gazprom Neft 12,528.0 Integrated oil and gas Russia
PSA Peugeot Citroen 12,482.3 Automobile manufacturers France
BHP Billiton Ltd. 12,479.0 Diversified metals and mining Australia
ExxonMobil Corp. 12,259.0 Integrated oil and gas United States
Iberdrola S.A. 12,125.5 Electric utilities Spain
Nintendo Co. Ltd. 12,037.3 Home entertainment software Japan
Data as of Jan. 7, 2011. Source: Capital IQ.
The Largest Corporate Cash Holdings Are All

 

[BradClark]

At least he is doing something with his personal money (not his ex companies). Says a lot for the other super wealthy business people in the world that just sit on it.

 

[Gringoboy]

Gringoboy: cash in hand $148.25.

 

[EdRooney]

Can I count irish whiskey as a cash reserve?