As a state territorially smaller than the state of Sergipe, in the middle of the desert and only with it 2.9 million peopleof which only 10% are actual citizens, manage to host a world Cup?
It wasn’t just any cup, however The most expensive in the world in all historycost 15 times more than the previous record holder?
The answer to this interesting question lies in A A very profitable investmentwhose profits were responsible for making the sheikhs of Qatar billionaires.
This same investment allowed to create an environment of extreme luxury and ostentation for the country’s ruling elite – and the World Cup numbers explain this quirk in itself.
It is estimated that the country has invested $220 billion For the World Cup, about 15 times more than the previous record holder, Brazil, whose cost it was $15 billion🇧🇷
Divided by the 10% of Qatari nationals (there is a lot of inequality with regards to immigrants), this value corresponds to an investment of 750 thousand US dollarsover 3 million R$ per person!
From fishermen to billionaires: This investment has placed Qatar among the richest countries in the world
In the first half of the twentieth century, Qatar was practically a nomadic village, whose economy was based on fishing and pearling.
When Japan invented pearl farming, the local economy was virtually ruined and the population dropped to just 24,000 people in 1950.
However, since the second half of the last century, a very lucrative investment has allowed the country’s elite to become frighteningly rich and the country has become a bubble of skyscrapers, artificial islands and now pharaonic stadiums.
This is because they start answering a An essential product for the global economywith high demand in rich and industrialized regions, such as the United States and Europe.
The investment that made the sheikhs billionaires could enrich ordinary Brazilians
This same product that has generated trillions of dollars for Qatar in recent decades still has huge profit potential for those who know how to exploit it.
It’s a case Brazilian company It works with this product, but it has a huge advantage: a very low acquisition cost, which increases profit margins.
According to the analysts at Empiricus Research, the stake of the company in question, which can be acquired by any Brazilian, has the possibility of appreciating 117%c
And the predictions seem to be coming true: since July, it has already been 31%.
To find out what that investment is all about and to see which Brazilian stocks tend to make the most in the coming years, click the button below:
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