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What Is The Real Value of $10 Billion US? - Business - Nairaland

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What Is The Real Value of $10 Billion US? by LRNZH(m): 9:51pm On Jan 09, 2014
President Goodluck Ebele Jonathan (GEJ) has asked the Governor Central Bank of Nigeria Sanusi Lamido Sanusi (SLS) to resign his post for allegedly leaking a letter SLS wrote to GEJ stating that $49.8 Billion US was yet to be remitted by the Nigeria National Petroleum Corporation (NNPC) into the nation coffers. After some reconciliation efforts by the Finance Ministry, CBN and NNPC, the unremitted money is now some figure between $12 Billion US and $10.9 Billion US.

I had to wonder, what is the real value of $10 Billion US (note how I am being conservative and not going above $10 Billion).
See for yourself:

1. King Abdulaziz International Airport - Jeddah, Saudi Arabia (Cost: $7.2 Billion US)
This is an aviation facility located 19 km to the north of Jeddah. Named after king Abdulaziz Al Saud and inaugurated in 1981, the airport is the busiest airport of Saudi Arabia and is third largest airport in the kingdom.



2. FIFA 2010 World Cup - South Africa (Cost $3.5 Billion)
The matches were played in 10 stadiums in nine host cities around the country, with the final played at the Soccer City stadium in South Africa's largest city, Johannesburg.

Transport - $1.2bn
Stadiums - $1.12bn
Organising committee - $428m
Broadcasting/ICT - $387m
Ports of entry - $200m
Security - $89m
Legacy projects - $45m
Telecommunications - $40m
Arts and culture - $20m
Training volunteers - $3m
Total cost - $3.5bn



3. The Large Hadron Collider (LHC) - Zurich, Switzerland (Cost $5.5 billion US)
is the highest-energy particle collider ever made and is considered as "one of the great engineering milestones of mankind".[1] It was built by the European Organization for Nuclear Research (CERN) from 1998 to 2008, with the aim of allowing physicists to test the predictions of different theories of particle physics and high-energy physics, and particularly prove or disprove the existence of the theorized Higgs particle[2] and of the large family of new particles predicted by supersymmetric theories.[3] The Higgs particle was confirmed by data from the LHC in 2013. The LHC is expected to address some of the unsolved questions of physics, advancing human understanding of physical laws. It contains seven detectors each designed for specific kinds of exploration.



4. Mohammad Bin Zayed City - Abu Dhabi (Cost $7 Billion US)
Mohammed Bin Zayed City is a fast progressing master planned neighborhood that is located on the driving distance of 20 min and 10 min between Central Business District and the airport respectively. It also has huge budget of $7 billion. It will consist of 349 residential towers, with sufficient public, commercial, retail and recreational facilities. The development has total area of 5 million square meters, which are properly landscaped possessing all infrastructure facilities. The community is well equipped with modern infrastructure facilities, landscaping and other community amenities. Upon completion, it will be capable to accommodate 85,000 people.


5. Coca-Cola (2012 Net Income: $9.01 Billion US)
The Coca-Cola Company (NYSE: KO) is an American multinational beverage corporation and manufacturer, retailer and marketer of nonalcoholic beverage concentrates and syrups, which is headquartered in Atlanta, Georgia.[3] The company is best known for its flagship product Coca-Cola, invented in 1886 by pharmacist John Stith Pemberton in Columbus, Georgia. Its stock is listed on the NYSE and is part of DJIA, S&P 500 index, the Russell 1000 Index and the Russell 1000 Growth Stock Index. Its current chairman and chief executive is Muhtar Kent.



6. Cambridge University - UK (2012 Net Worth $6.6 Billion US)
The University of Cambridge is a collegiate research university in Cambridge, England, United Kingdom. Originally founded in 1209, it is the second-oldest university in English-speaking areas, and the world's third-oldest surviving university.Today, Cambridge is formed from a variety of institutions that include 31 constituent colleges and comprehensive academic departments which are organised into six Schools.[7] All these organisations occupy different locations in the town including purposely-built sites and the student life is found in the arts, sport clubs and societies. It has nurtured many notable alumni, and 90 Nobel laureates have been affiliated with the University,[8] which is one of the highest in the world. Cambridge is also a member of various academic associations and forms part of the "golden triangle" of English universities. It is regularly placed among the world's best universities in different league tables.



7. City of Houston - Texas, USA (2013 - 2014 Fiscal Year Total Budget: $4.9 Billion US)
On May 14, 2013, Houston Mayor Annise Parker forwarded to Houston City Council a $4.9 billion proposed total city budget for the fiscal year (FY) that begins July 1, 2013. The General Fund, or tax supported portion of the budget, is $2.2 billion. This budget blueprint does not require a tax increase and maintains focused on what Parker says are her five main priorities: jobs and sustainable development, public safety, infrastructure, quality of life and fiscal responsibility.
Houston is the largest city in Texas and the fourth-largest city in the United States. According to the 2010 U.S. Census, the city had a population of over 2.1 million people within a land area of 599.6 square miles.



8. Marina Bay Sands - Singapore (Cost: $5.7 Billion US)
Marina Bay Sands is an integrated resort fronting Marina Bay in Singapore. Developed by Las Vegas Sands (LVS), it is billed as the world's most expensive stand-alone casino property at US$ 5.7 billion, including the cost of the prime land. Marina Bay Sands is situated on 15.5 hectares of land with the gross floor area of 581,000 square metres. The iconic design has transformed Singapore's skyline and tourism landscape since it opened on 27 April, 2010. The property has a hotel, convention and exhibition facilities, theatres, entertainment venues, retailers, and restaurants.




9. Delta Works/ Zuiderzee Works, Netherland (Cost: $7.7 Billion)
Because the Netherlands is one of the most low-lying countries in the world, its people have struggled every time a storm raises the water levels. As far back as the first century A.D. the inhabitants of this area have attempted to protect themselves from the devastation the rising water levels have caused. The Zuiderzee was originally a shallow bay in the North Sea. It was about 30 miles wide and reached 60 miles inland. Although it was a large bay it was only about 15 feet deep. Every time there was a storm, dikes failed and the land was flooded.
[img]http://images.marinas.com/med_res_id/92305[/img]


10. Longtan Dam and Hydropower Station - Guangxi, China (Cost: $4.2 Billion US)
Longtan Dam is a large roller-compacted concrete (RCC) gravity dam on the Hongshui River in Tian'e County of the Guangxi Zhuang Autonomous Region, China, a tributary of the Xi River and the Pearl River. The dam is 216.2 m (709.3 ft) high and 849 m (2,785 ft) long; it is the tallest of its type in the world. The dam is intended for hydroelectric power production, flood control and navigation. The dam contains seven surface spillways, two bottom outlets and an underground power station. The installed electric power generation capacity of the dam is 6,426MW.
Re: What Is The Real Value of $10 Billion US? by LRNZH(m): 6:37am On Jan 10, 2014
^^^^^^
All these under $10 Billion US.
cry cry cry

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