Most of us struggle to obtain more and more money, however, we love spending it — money makes the world go round. Every so often referred to as the root of all evil, money can be used to cause great things happen, and it can also destroy people.
Below are some crazy facts about money:
1. If you have US$10 in your pocket and no debts, you are wealthier than 25% of Americans.
2. There's US$75 trillion in the entire world. If this is distributed among all people on Earth, each person will have less than $11,000.
3. Americans spent about US$61.4 billion on their pets in 2011
4. Drug lord Pablo Escobar had so much cash that rats ate almost $1 billion of his money each year.
5. At a spending rate of $1 million a day, it would take Bill Gates 218 years to spend all his money.
6. Spending money on others yields more happiness than spending it on yourself a study concluded.
7. Paper money can transport live flu virus for over two weeks.
8. Americans spend more money on pets yearly than Germany spends on its entire defense budget.
9. The 100 richest people in the world earned enough money in 2012 to end global poverty 4 times.
10. By law, only dead people can appear on U.S. currency
11. The wealthy in Florence, Italy, today are the same families as 600 years ago, researchers found
12. 1.5 trillion dollars are paid in bribes every year, according to a World Bank estimate
13. In 2015, Apple Inc. was worth more than Switzerland, Sweden or Nigeria.
14. Two-thirds of all US$100 bills are held outside the US.
15. Americans throw away US$62 million worth of coins every year.
16. London's after-hours economy generates £26.3bn ($32.3bn) every year
17. A 2013 study found that men who prefer large breasts are less financially secure.
18. Before the invention of bills, ancient civilizations utilized many other commodities as currency. The list includes blood, shells, animals, and bat guano (poo).
19. Inventor John Shepherd-Barron dreamed the concept for the first ATM while in the bathtub during the 1960s, and there were no ATM fees.
20. 90 percent of U.S. bills contain cocaine traces
21. Over the course of a lifetime, the average American pays $600,000 in interest. Better start saving.
22. The largest note ever printed was the $100,000 Gold Certificate (printed from December 1934 through January 1935.) They were only used for transactions between Federal Reserve Banks and the U.S. Treasury.
23. The first U.S. gold rush started in North Carolina in 1803, when 12-year-old Conrad Reed found a 17-pound gold nugget on his father's farm. It supplied all the gold for the nation's mints until 1829.
24. The Island of Yap, Micronesia used Rai stones as currency. These stones were huge and the largest were 12 ft in diameter, 1.5 ft thick and 4 metric tons (8,800 lb) in weight.
25. There's US$75 trillion in the entire world. If this is distributed amongst all people on Earth, each person will have less than $11,000.
26. Apple earns US$300,000 per minute
27. 2 out of 3 inherited family fortunes are lost by the new generation, a study in the U.S. found
28. 47% of Americans say they cannot cover a US$400 emergency expense without borrowing money or selling something.
29. Arguing about money is the top predictor of divorce, a study found.
30. Men More Likely to Have Issues with Sex and Their Health When Wives Make More Money, Study Finds.