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How fast the world's richest earn your salary

US' wealthiest person Jeff Bezos on the left, Gina Rinehart from Australia in the centre and India's Mukesh Ambani on the right. (Images: Getty)

Long-held wisdom says money makes more money, and this is very true for the world's wealthiest people.

UK discounting site vouchercloud.com recently analysed each country's richest person to see how fast she or he would make the yearly salary of the average worker.

Indian business magnate Mukesh Ambani is the fastest to make his country's average wage. It takes him just 7 seconds to earn the US$1,677.85 (AU$2,548) in the typical Indian yearly paycheque.

Ambani makes US$7.1 billion a year.

This doesn't mean he can do as much work in seven seconds an average Indian citizen does in twelve months. It means the enormous amount of assets wealthy people already possess keep appreciating and generating income.

At the other end of the scale, it could be argued Australia has the most egalitarian economy using this formula.

Mining entrepreneur Gina Rinehart needs 3 hours and 38 minutes to earn the yearly salary of the average Australian. This is the longest time among the 41 countries analysed.

Vouchercloud.com calculated that Rinehart's has an annual income of AU$150 million compared to the average Australian salary of AU$63,000.

The world's richest man, Jeff Bezos, came in ninth on the list. He takes 1 minute and 42 seconds to make the typical American's US$51,485 salary.

There are also online calculators where you can plug in your own yearly salary to see how fast the world's wealthiest would earn that amount. You vs Billionaire is one and an Australian version named You vs Gina Rinehart.

The vouchercloud.com report was compiled from Forbes and World Bank figures.

Here are all 41 countries analysed:


Country

Richest person

Industry

Richest person income (USD)

Average person: salary (USD)

How long does it take to earn the average citizen’s salary ?

1

India

Mukesh Ambani

Oil & Gas

$7.1bn

$1,677.85

7 seconds

2

China

Ma Huateng

Tech

$6.4bn

$6,567.93

32.38 seconds

3

France

Bernard Arnault & family

Retail

$31.7bn

$32,554.73

32.41 seconds

4

Mexico

Carlos Slim Helu

Telecoms

$5.2bn

$6,971.89

42 seconds

5

Spain

Amancio Ortega

Retail

$14bn

$23,216.44

52 seconds

6

Egypt

Nassef Sawiris

Construction

$1bn

$2,141.97

1 minute, 8 seconds

7

Vietnam

Pham Nhat Vuong

Real Estate

$0.7bn

$1,929.36

1 minute, 27 seconds

8

Philippines

Manuel Villar

Real Estate

$1.1bn

$3,296.52

1 minute, 35 seconds

9

United States

Jeff Bezos

Retail, Tech

$15.9bn

$51,484.94

1 minute, 42 seconds

10

Canada

David Thomson

Media

$10.5bn

$36,633.83

1 minute, 50 seconds

11

Malaysia

Robert Kuok

Palm Oil, Shipping, Real Estate

$2.1bn

$7,675.92

1 minute, 55 seconds

12

Ukraine

Rinat Akhmetov

Steel, Coal

$0.6bn

$2,333.03

2 minutes, 2 seconds

13

Colombia

Luis Carlos Sarmiento

Finance

$1.3bn

$5,209.41

2 minutes, 7 seconds

14

Austria

Dietrich Mateschitz

Food And Drink

$9.6bn

$38,747.99

2 minutes, 7 seconds

15

United Kingdom

Denise Coates

Gambling

$6.6bn

$34,188.97

2 minutes, 59 seconds

16

Turkey

Erman Ilicak

Construction

$1.3bn

$8,690.23

3 minutes, 31 seconds

17

Japan

Tadashi Yanai & family

Retail

$4.3bn

$31,107.45

3 minutes, 48 seconds

18

Pakistan

Shahid Khan

Sports

$0.2bn

$1,541.44

4 minutes, 3 seconds

19

Algeria

Issad Rebrab & family

Food And Drink

$0.4bn

$3,263.28

4 minutes, 17 seconds

20

Brazil

Joseph Safra

Finance

$1bn

$8,338.76

4 minutes, 23 seconds

21

Armenia

Samval Karapetyan

Real Estate

$0.4bn

$3,428.80

4 minutes, 31 seconds

22

eSwatini

Nathan Kirsh

Food And Drink

$0.3bn

$2,736.42

4 minutes, 47 seconds

23

Sweden

Stefan Persson

Retail

$4bn

$45,159.06

5 minutes, 56 seconds

24

Denmark

Anders Holch Povlsen

Retail

$4.1bn

$48,267.16

6 minutes, 11 seconds

25

Italy

Giovanni Ferrero

Food And Drink

$2.2bn

$26,537.36

6 minutes, 20 seconds

26

South Africa

Nicky Oppenheimer

Diamonds

$0.4bn

$4,966.31

6 minutes, 32 seconds

27

Netherlands

Charlene de Carvalho-Heineken

Food And Drink

$3.1bn

$40,544.91

6 minutes, 52 seconds

28

Russia

Leonid Mikhelson

Oil & Gas

$0.4bn

$8,519.31

11 minutes, 11 seconds

29

Finland

Antti Herlin

Engineering

$1.2bn

$37,828.71

16 minutes, 34 seconds

30

New Zealand

Graeme Hart

Finance

$1.1bn

$34,960.23

16 minutes, 42 seconds

31

Czech Republic

Petr Kellner

Finance, Telecoms

$0.4bn

$15,002.49

19 minutes, 43 seconds

32

UAE

Majid Al Futtaim & family

Real Estate, Retail

$1bn

$37,720.60

19 minutes, 50 seconds

33

Cyprus

John Fredriksen

Shipping

$0.4bn

$21,477.43

28 minutes, 13 seconds

34

Switzerland

Gianluigi & Rafaela Aponte

Shipping

$1bn

$64,314.49

33 minutes, 48 seconds

35

Montenegro

Thaksin Shinawatra

Real Estate, Telecoms

$0.1bn

$6,961.66

36 minutes, 35 seconds

36

Israel

Eyal Ofer

Real Estate, Shipping

$0.5bn

$34,949.56

36 minutes, 44 seconds

37

Ireland

Pallonji Mistry

Construction

$0.5bn

$37,957.23

39 minutes, 54 seconds

38

Belgium

Eric Wittouck

Finance

$0.4bn

$35,781.10

47 minutes, 1 second

39

Portugal

Maria Fernanda Amorim & family

Energy

$0.1bn

$17,188.42

1 hour, 30 minutes, 36 seconds

40

Iceland

Thor Bjorgolfsson

Finance

$0.2bn

$59,619.51

2 hour, 36 minutes, 36 seconds

41

Australia

Gina Rinehart

Mining

$0.1bn

$41,489.48

3 hour, 37 minutes, 48 seconds

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