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This list has all global annual earnings of all time, limited to earnings of more than $40 billion in "real" (i.e. CPI adjusted) value. Note that some record earning may be caused by nonrecurring revenue, like Vodafone in 2014 (disposal of its interest in Verizon Wireless) [1] or Fannie Mae in 2013 (benefit for federal income taxes).
Infamous stock market crash that represented the greatest one-day percentage decline in U.S. stock market history, culminating in a bear market after a more than 20% plunge in the S&P 500 and Dow Jones Industrial Average. Among the primary causes of the chaos were program trading and illiquidity, both of which fueled the vicious decline for the ...
India's Lakshmi Mittal was the largest loser as his fortune dropped from $31.1 billion to $20.7 billion as the price of steelmaker ArcelorMittal fell sharply. [35] As a result, he failed to make the top 10 for the first time since 2004 and lost his title of richest Asian to Hong Kong's Li Ka-shing. [37]
When Franklin D. Roosevelt took office in 1933, the public debt was almost $20 billion, 20 (~$374 billion in 2023)% of GDP. Decreased tax revenues and spending on social programs during the Great Depression increased the debt and by 1936, the public debt had increased to $33.7 billion (~$582 billion in 2023), approximately 40% of GDP. [21]
The S&P 500 fell more than 20%. [20] The week also set 3 top ten NYSE Group Volume Records with October 8 at #5, October 9 at #10, and October 10 at #1. Having been suspended for three successive trading days (October 9, 10, and 13), the Icelandic stock market reopened on 14 October, with the main index, the OMX Iceland 15 , closing at 678.4 ...
The actual total payout from 1920 to 1931 (when payments were suspended indefinitely) was 20 billion German gold marks, worth about US$5 billion or £1 billion. Most of that money came from loans from New York bankers. [3] Following the Nazi seizure of power in 1933, payments of reparations were officially abandoned.
2. Push Cart Pete. Could be worth: $9,200 This creepy dude from the '30s is actually one of the rarest toys you can find, and one of the first products from the then-new company Fisher Price.
Billion is a word for a large number, and it has two distinct definitions: 1,000,000,000 , i.e. one thousand million , or 10 9 (ten to the ninth power ), as defined on the short scale . This is now the most common sense of the word in all varieties of English; it has long been established in American English and has since become common in ...