Quick Answer: Who Owns The Most Gold Privately?

What person owns the most gold?

The U.S.The U.S.

owns the most gold of any country, according to an analysis of data from the International Monetary Fund, published on HowMuch.net.

The U.S.’s reserve of gold equals 8,133 tonnes, worth more than $373 billion.

Germany comes in second, with 3,369 tonnes, worth more than $154 billion..

Where is the most gold in the world?

Witwatersrand Basin (Johannesburg, South Africa) Located in South Africa, the Witwatersrand Basin represents the richest gold field ever discovered. It is estimated the 40% of all of the gold ever mined has come out of the Basin. In 1970, South Africa’s output accounted for 79% of the world’s gold production.

Which country has the cheapest gold?

The top 5 cheapest gold rates in country.Dubai, UAE.Bangkok, Thailand.Hong Kong, China.Cochin, India:Zurich, Switzerland.

How much gold is in the Bank of England?

Our gold vaults hold around 400,000 bars of gold, worth over £200 billion. That makes the Bank of England the second largest keeper of gold in the world (the New York Federal Reserve tops the list).

Who owns the most gold in the US?

The U.S. Leads the WorldRankCountryGold Reserves (in Tons)1United States8,133.52Germany3,373.63Italy2,451.84France2,436.06 more rows•Dec 9, 2019

Who owns the gold in Fort Knox?

Instead, the Bureau notes that the amount of working stock in all locations totals 2,783,218.656 troy ounces of gold as of August 31, 2018. So who owns all the gold in Fort Knox? The U.S. Department of the Treasury owns the gold in Fort Knox, as well as the gold that’s held in Denver, CO and West Point, NY.

What president built Fort Knox?

President Franklin D. RooseveltU.S. President Franklin D. Roosevelt passed legislation outlawing private ownership of gold, and gave instruction to build the depository at Fort Knox.

Has anyone ever tried to rob Fort Knox?

Not only has there never been a successful robbery of Fort Knox, but no one has even attempted it since the vault opened in 1935. There are no visitors allowed. There are 4.2 million kilograms (9.2 million pounds) of gold currently stored at Fort Knox. …

Who is the richest gold miner?

Mining magnates: the ten richest tycoons in metals and miningUkraine’s Rinat Akhmetov holds 71.25% stake in Metinvest. … Gina Rinehart is the world’s richest mining billionaire. … Alisher Usmanov of Russia is the second richest mining billionaire in the world. … Viktor Vekselberg with net worth of $16.9bn is the third richest mining tycoon in the world.More items…•

Which country has the purest gold?

ChinaList of countries by gold production2018 RankCountryGold production (tonnes)1China4042Australia3193Russia2974United States22213 more rows

Can the President go into Fort Knox?

Even the President of the United States, the highest office in the country, is denied access to Fort Knox. Only one president has even been allowed inside the vault—Franklin Roosevelt.

Where is the largest stockpile of gold in the United States?

New York Fed’sAccording to ‘Key to the Gold Vault,’ a Federal Reserve Bank of New York (FRBNY) publication, the gold vault in the New York Fed’s basement “is the world’s largest accumulation of gold and belongs to 36 foreign governments, central banks, and official international organizations.”

Who controls the world’s gold?

According to the latest IMF statistics, the United States remains the largest holder of gold, holding some 8,133 tonnes of it in its stores. Most other countries fall below the 3,000 tonne mark, with the IMF taking third place on the list.

Who really owns the world?

The world’s primary feudal landowner is Queen Elizabeth II. She is Queen of 32 countries, head of a Commonwealth of 54 countries in which a quarter of the world’s population lives, and legal owner of about 6.6 billion acres of land, one-sixth of the earth’s land surface.

How much is the gold in Fort Knox worth?

Fort Knox currently houses 147.3 million ounces of gold. The government says the bullion has a “book value” of $6.22 billion.