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Top 5 richest people according to Bloomberg
Bloomberg has released its August 2024 list of the world's wealthiest individuals, showcasing the titans who dominate global business. Let's take a look at who sits atop this prestigious ranking
According to a recent study done by the United Nations, France is a new leader in the European Union when it comes to online services provided by the government. In fact, it was one of the first countries in the world to adopt e-governance, which is changing everything for its citizens.
Not to mention, with 13 million public WiFi terminals spread all across the country, over 83% of the citizens are connected to the internet, as compared to the European average of 75%. Currently, only 5% of France's GDP represents digital technology, but this number is expected to triple by 2020.
Finland is best known as the land where one of the world's most successful mobile phone companies, Nokia, was born. But that's not all this Scandinavian country has to offer. It is also the land of Linux, Internet Relay Chat, wireless wearable technology, and the first graphical user browser. The country is a pioneer when it comes to healthcare facilities and high-tech projects. Finland also provides the best and the most affordable healthcare facilities in Europe and has the highest per capita income in the world.
A pioneer in biosciences, environmental science, and mobile communication, we are absolutely not surprised that the country also leads in happiness index of citizens in the world.
It was during the Second World War when the United Kingdom joined the Allied Forces in association with the United States of America to create new technology in order to win the war.
With a history that stretches over hundreds of centuries, it's no wonder that England was the first industrialized nation. The country was responsible for inventing the locomotive engine, worldwide web, electrical telegraph, jet engine, combat air vehicle, electric motor, and BAE Systems Taranis.
Since the British Empire was big on colonization back in the day, the Empire also took the technology to other countries. There are many rail tracks and bridges in India that were built by the British and were so strong that they are used even today.
China has always had two things working in its favor – skilled and affordable labor, and space to expand manufacturing. In the last few decades, China has become the most preferred for companies when it comes to setting up manufacturing plants. The government gives companies tax breaks, and the companies in turn get cheap labor.
From the top tech companies like Apple and Google to clothing companies like Adidas, Zara, and Forever 21, all of them have manufacturing plants in China. So whether it's your brand new iPhone or Adidas sneakers, chances are, they are all made in China.
While North Korea keeps talking about its advanced missiles and submarines, which we never get to see, its more open and happier neighbor South Korea has made some real strides in the technological sector.
Being the headquarters of companies like Hyundai, LG, and of course Samsung, South Korea has made great contributions in the field of robotics as well. In fact, South Korean technological companies are now counted as some of the best in the world.
Also, the average Internet speed in South Korea is 26.1 Mbit/s which is almost four times faster than the world's average internet speed of 7 Mbit/s.
If there was one country that was the most severely hit by the Second World War, then it was Japan. The government had to literally pick up the broken pieces and plan out for a future where the country would never be in turmoil again.
Now, when we talk about Japan, we don't talk about how a nuclear bomb destroyed the country. Instead, we talk about how the country is the birthplace of companies like Canon, Sony, Toyota, Mitsubishi, and Nintendo. We talk about the bullet trains, vast and complicated bridges, and their robotic technology.
Not to mention, Japan also gave the world talking smart toilets and instant noodles.
Just like England benefitted a lot by being a part of the Allied Forces during the Second World War, the USA did too. GPS was first invented in America for fighter jets, and now we use it to find the nearby McDonald's.
And of course, the country is famous for its Silicon Valley, which did not just inspire a whole generation of software engineers, but also a very funny show on HBO.
Silicon Valley houses some of the biggest tech companies in the world including Google, Facebook, Apple, Intel, IBM, Microsoft, and Uber. And there are more startups launching in the Valley every day.
Bloomberg has released its August 2024 list of the world's wealthiest individuals, showcasing the titans who dominate global business. Let's take a look at who sits atop this prestigious ranking
Taxes play a critical role in shaping economies, and some countries impose particularly high tax rates to fund their governments. Let's take a look at the nations where citizens face the heaviest tax burdens today.
In the contemporary world, where travel is becoming increasingly accessible, there are still countries that remain closed off from the outside world. These nations protect their borders not just with physical barriers but also through strict laws that limit foreigners' access to their everyday lives. Today, we will tell you about the five most closed-off countries in the world, where entry is nearly impossible.