The top ten richest people in the world could own all the residences in Manhattan, PropertyShark estimates.
Victor J. Blue Central Park is seen from the 86th floor during construction of the One57 residential building in New York, U.S., on Friday, Oct. 5, 2012. The number of Manhattan apartments on the market totaled 5,847 at the end of the quarter, a 24 percent decline from a year earlier and the lowest since the first three months of 2005, according to a report this week by appraiser Miller Samuel Inc. and brokerage Prudential Douglas Elliman Real Estate. Photographer: Victor J. Blue/Bloomberg via Getty Images

Real estate data firm PropertyShark has determined that the ten wealthiest individuals in the world have a combined net worth high enough to cover the purchase cost of every single residential property in Manhattan, where the average purchase price of an apartment is $2 million.

In the third quarter of 2016, the combined cost of all the residential properties in Manhattan was $547.8 billion. The combined net worth of the world’s ten richest people – Bill Gates, Amancio Ortega, Jeff Bezos, Warren Buffett, Mark Zuckerberg, Carlos Slim Helu, Larry Ellison, Michael Bloomberg, Charles Koch, and David Koch – is $565.6 billion as of Wednesday’s market close.

PropertyShark determined the value of Manhattan’s residential space by multiplying the number of residential properties in the city by the average sale price in each neighborhood.

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