9 unbelievable financial numbers from 2023
Bitcoin, Buffett and Bankman-Fried feature in our list of the most baffling digits of 2023.
In finance numbers are variously the lingua franca, the currency, the oil that keeps the world moving, and the things that either mean it's been a good month, quarter, or year for investors. But while everyone obsesses about monthly gross domestic product and inflation data, some numbers are outliers, with the capacity to surprise even the most seasoned observers. Here's a round-up of our 2023 favourites:
84,000
Number of registered delegates at COP28 over 14 days. Number of resolutions: 1.5.
Three
Germany managed to become the third largest economy in the world by default after Japan was dislodged by a slide in the yen against the U.S. dollar and the euro.
Fourth
U.K. Chancellor Jeremy Hunt in his Autumn Statement said that England’s 9-10-year-olds are now the fourth-best readers in the world.
5%
Sam Bankman Fried's estimated chance of becoming President, according to ex Caroline Ellison. He faces a maximum prison sentence of 110 years and will be sentenced next year.
66%
Year-on-year fall in the number of UK prime ministers; 2022 had Boris Johnson, Liz Truss and Rishi Sunak in charge. 2023 has had just one. There may be a 100% increase in 2024!
280%
Rise in share price of Nvidia this year; the one stock you wish you'd bought!
4.9 million
Number of followers Argentina's new president Javier Milei has on Instagram. He describes himself only as "ECONOMISTA" in his bio. An account dedicated to his hair has 1.2 million.
43
Staff at Signa Holding, owner of New York's Chrysler Building. Now in receivership, the Austrian company had €27 billion ($39.5 billion) in assets but only 43 staff, 36 of whom worked in "non-essential functions" like party planning, hunting, and serving on private jets. Non-essential indeed.
INFINITY
Number of times fund managers have misspelled Warren Buffett as "Buffet" when asked by Morningstar which investor they most admire...