To give you an idea of what you can do with $200 million, here are some comparisons:
That’s over 800 times the average cost of raising a child till he’s 18 in the US. That’s excluding university tuition and boarding fees!
Bill Gates can construct 375 of these ships with his personal fortune. Mark Zuckerburg can unfortunately only manage 223.
That’s $55 million more than the 2015 GDP of Kiribati, an island nation in the central Pacific Ocean.
You can buy the 26-acre Pumpkin Key island - a 50-minute boat ride from Miami. Valued at $110 million, you’ll have $90 million left.
Art fan? You can buy Pablo Picasso’s Women of Algiers painting valued at $179 million! $21 million frame excluded.
It’s still cheaper than building a Boeing-777, which costs at least $260 million.
Currently, the biggest container ships belong to Mediterranean Shipping Company. The four sister megaships MSC Oscar, MSC Zoe, MSC Maya and MSC Sveva are capable of holding up to 19,224TEU.
So if you were a ship owner, be sure to protect and care for your vessel like it was your own child - at least 800 times more!
That’s it for today’s Friday fun fact! We hope you enjoyed it!
"Don't underestimate the value of Incoterms and their impact on international trade."
Aliona Yurlova, Business Development Manager at iContainersDOWNLOAD THE FREE GUIDE