Hello great minds, it's with great pleasure I welcome you all to my blog. Sit tight as we learn together. Below is my entry on the subject matter at hand. Special thanks to @sahar78 for a contest like this.
🎯 Bernard Arnault:
Bernard Arnault to me seems to be the richest person on Earth with a Whopping net worth of $210.8 billion. He happens to be the CEO of LVMH which is the largest luxury goods company which comprise of brands like Louis Vuitton and Sephora combined
🎯Elon Musk:
Elon musk is the CEO of spacex and Tesla with a net worth of about $182.6 billion. He's the pioneer of the electric car with the ambition of establishing a human settlement in Mars.
🎯Jeff Bezos:
Jeff bezos is the founder and also the executive chairman of Amazon which is the largest online retailer. He has a networth of $177.4 billion. He is still the owner of the Washington Post and he is also into space exploration which is evident throughBlue Origin
🎯 Larry Ellison:
This man here is the co-founder and CEO of Oracle. He has a networth of $139.3 billion. Ellison is a strategic business man as he has built his business empire through strategic acquisitions and innovative software solutions.
🎯Mark Zuckerberg:
He is the co-founder and CEO of meta which was formerly known as Facebook. Through strategic acquisitions,Mark has also expanded his business empire which is evident in him acquiring Instagram and WhatsApp.
1 Switzerland
With a GDP per capita of $61,124. Switzerland is recognized as a global leader in finance, technology and pharmaceuticals as it boast of a highly competitive and innovative economy. They got there economic stability through strong banking sector,low budget and a highly skilled workforce.
2 Denmark
This countries stability is rooted in its highly developed social welfare system where there's low corruption with a highly skilled workforce. Denmark has a GDP per capita of $49.459. It's known as a global leader in innovation and boast of a competitive and adaptable economy.
3 Norway
This a country that has a vast oil reserve which is where it's economic stability is rooted,not only does it have a vast oil reserve,it boast of prudent management and diversified economy. Norway has a GDP per capita of $70,591. It has a well developed welfare state and boasting of minimal unemployment level.
4 Iceland
Iceland is a country that is rooted in renewable energy resources and tourism,and the inclusion of a highly educated workforce. It's evident in there recovery from the 2008 financial crisis which makes it to boast of a resilient economy and it has a GDP per capita of $52,315.
5 Singapore</b
Singapore is a business friendly country, with a highly developed finance sector and also a highly skilled workforce. It's known as a global hub for trade, finance and innovation and it has a GDP per capita of $47,393.
▶️ Yemen
This country have been in constant conflict which has resulted to humanitarian crisis, widespread of poverty and a serious decline in economic activities. And it has left them depending heavily on foreign aid.
▶️ South Sudan
There's an ongoing conflict in this country which has made it's economy fragile. There's also oil price volatility and inability to diversify. South Sudan is really facing development challenges, poverty, inequality and limited basic amenities.
▶️ Democratic Republic of Congo
This is a country blessed with enough rich natural resources but due to ongoing crisis/conflict,it has rendered it's economy fragile. The economy of D R Congo has been greatly hindered by bad governance and lack of investment.
▶️ Somalia
This is another country that has been ravaged by decades of Crisis and terrorism. Somalia lacks a functional government, infrastructure and institutions which have made it difficult to attract investor which fosters economic growth.
▶️ Venezuela
When a country is over dependent on something it looses it's credibility. The economy of Venezuela has in shambles due to corruption, hyperinflation and mis management. As oil prices declined out also affect their economy as an oil dependent economy.
I am inviting @saintkelvin17, @patjewell & @okere-blessing.
Thanks for the your time.