How much money is there in the world?

Money. Money is the word that can easily grab someone's attention. Modern era is the time of money. Money became one of basic needs of human. Have you ever try to know how much money is in the world. Today we will configure out some amazing facts about money.

Money, money can be defined as that thing who is commonly accepted by people for the exchange of goods and service. There is not an exact proof of who invented money. According to historians, people use metal coins like gold coins, silver coins, bronze coins as money. Early Romans used salt as a form of money. Even the word “salary” derived from sal, which means “salt” in Latin. You will be amazed to know that the Tea bricks were used as money in Siberia till the World War 2.

 China was the first nation to use paper money. Nowadays almost every country uses paper money. It is quite amazing to know that the paper money is actually not made by paper. The U.S. paper money contains 75 percents of cotton and 25 percents of linen. The US dollar is the most used currency in the world.

And here a question arises. How much physical money is there in the world? According to reports there is approx $36.8 trillion worth of physical money is available all around the world.

Do you know? The study or collection of money is called “numismatics”. Some countries share a currency. For example, countries in Europe all use the Euro. World’s most expensive object is international space station. It was build in approx $150 billion.

The tech giant apple earns more than $300,000 on every single minute.

According to the OECD in 2012 the top 0.6% of world population held 39.3% of world wealth. The next 4.4% held 32.3% of world wealth. The bottom 95% held 28.4% of world wealth. With the help of this data you can easily know that how uneven the distribution of money is in this world.