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How powerful is "Qatar" to make money? Why can 220 billion be taken out to host the World Cup?

author:Twilight Travels

The reason why Qatar can take out 220 billion yuan to host the World Cup, the core is not that he is developed and he has money, but his common prosperity.

How powerful is "Qatar" to make money? Why can 220 billion be taken out to host the World Cup?

You know, before 1995, Qatar was a country that concentrated its wealth in the royal family, and the common people were just as poor as they were. But at that time, his crown prince Hamad launched a Qatari version of the Xuanwu Gate Revolution, overthrowing empowerment, he divided power to the aristocracy, and more to the low-class commoners, while distributing industry, tourism, and finance to the lower commoners.

How powerful is "Qatar" to make money? Why can 220 billion be taken out to host the World Cup?

Since then, Qatar has become one of the countries with the highest per capita income in the world. How high is it? The average annual income of locals is 1.04 million yuan, and to earn this money, you only need to work three hours a day. If you hear about someone who works more than three hours a day, or even overtime until two o'clock in the afternoon, then this person must be a model worker, in fact, it is understandable that he has money, but why can he not work and be rich?

How powerful is "Qatar" to make money? Why can 220 billion be taken out to host the World Cup?

Because there is a local rule, foreigners who want to do business in the local area must have joint ventures with locals, and the locals must hold more than 51% of the shares, that is, the money must be divided 51% to the locals. So almost every local person is a boss, and the part-time workers are outsiders. This also caused another phenomenon, there are not even buses and taxis in the local area, because every family has luxury cars, and there is no need for outsiders to come to the car.

How powerful is "Qatar" to make money? Why can 220 billion be taken out to host the World Cup?

Take this World Cup, for example, the $220 billion spent is almost five times the total cost of all the previous World Cups, but for him, it is not difficult to get this money. For example, this year, due to the sanctions launched by the West against Russia, Qatar's natural gas is in short supply, earning 150 billion riyals, equivalent to 293.3 billion yuan, in the first half of this year alone. It also controls most of the shares of major international brands in banks, department stores, real estate, airlines, airports, and even controls 20% of the global sports market. And so much money is just invested in a Qatar that is not as big as Beijing, with a total population of 2.6 million and a local population of 400,000, so isn't it just spending it as you want? But whether such a big World Cup can pay for itself, didn't he think about it?

Not to mention, people really thought about it, but people's goal is not to make money back through the World Cup, but through it. Through this crazy infrastructure construction, improve the entire international competitiveness and national living standards, and make the future life better. In layman's terms, the annual income of 1.04 million is not enough, how to spend the money more comfortable and exquisite in the future is the most important.

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