The Five Tallest Glass Skyscrapers, and Their Views
Whether it is from a lookout point on the side of the road or a scenic vista from the top of the mountain, everyone can appreciate a good view.
And while nature provides many great opportunities for admiring such scenery, some of the best views are actually from man-made structures. In particular, the world’s tallest glass skyscrapers provide an unparalleled chance to see the surrounding city and landscape from an unobstructed bird’s eye view.
The Five Tallest Glass Skyscrapers
Today’s infographic from Abbey Glass shows us the five tallest glass skyscrapers in the world, as well as the views from the top of these structures.
Four of the five tallest glass skyscrapers are located in Asia, which is not surprising considering that 76.4% of all skyscrapers completed in 2015 were on the Asian continent. It’s also worth noting that all of the skyscrapers on this list are relatively new, with the oldest being built in 2008 – for a more visual representation of this trend, see our post documenting how the world’s tallest buildings have changed over time.
1. Burj Khalifa (Dubai, UAE)
The Burj Khalifa, completed in 2010 in 1,325 days, is an engineering feat. At 828m (2,717 ft) tall, the view from the world’s tallest building makes other “skyscrapers” in the city look microscopic. Despite having 18 built-in maintenance units for cleaning the windows of the Burj Khalifa, it still takes three to four full months to wipe down the exterior of this monstrosity.
2. Shanghai Tower (Shanghai, China)
The Shanghai Tower, the tallest skyscraper completed in 2015, stands at 632m (2,073 ft). It’s the world’s second-tallest building, and has been designed as a spiral that twists an average of 1% per floor.
3. One World Trade Center (New York, USA)
The tallest building in the Western Hemisphere is located on the site of the two original World Trade Center towers. Its height in feet (1,776 ft) corresponds with the year the United States achieved independence.
4. Shanghai World Financial Center (Shanghai, China)
The Shanghai World Financial Center, completed in 2008, is the oldest building on this list. At 492m (1,614 ft) in height, it has been engineered to withstand a magnitude eight earthquake, lightning strikes, or the typhoon-force winds often encountered in the city.
5. International Commerce Center (Hong Kong, China)
The tallest building in Hong Kong is also the fifth-tallest glass skyscraper in the world. At 484m (1,587 ft), it is also home to the world’s highest swimming pool.
The Best and Worst Performing Wealth Markets in the Last 10 Years
This telling chart shows how national wealth markets have changed over the past decade, highlighting the biggest winners and losers.
The Best and Worst Performing Wealth Markets
A lot can change in a decade.
Ten years ago, the collapse of Lehman Brothers sent the world’s financial markets into a tailspin, a catalyst for years of economic uncertainty.
At the same time, China’s robust GDP growth was reaching a fever pitch. The country was turning into a wealth creation machine, creating millions of newly-minted millionaires who would end up having a huge impact on wealth markets around the world.
The Ups and Downs of Wealth Markets (2008-2018)
Today’s graphic, using data from the Global Wealth Migration Review, looks at national wealth markets, and how they’ve changed since 2008.
Each wealth market is calculated from the sum of individual assets within the jurisdiction, accounting for the value of cash, property, equity, and business interests owned by people in the country. Just like other kinds of markets, wealth can grow or shrink over time.
Here are a few countries and regions that stand out in the report:
Developing Asian Economies
In terms of sheer wealth growth, nothing comes close to countries like China and India. The size of these markets, combined with rapid economic growth, have resulted in triple-digit gains over the last 10 years.
For the world’s two most populous countries, it’s a trend that is expected to continue into the next decade, despite the fact that many millionaire residents are migrating to different jurisdictions.
European nations saw very little growth over the past decade, but the Mediterranean region was particularly hard-hit. In fact, eight of the 20 worst performing wealth markets over the last decade are located along the Mediterranean coast:
|Rank (Out of 90)||Country||% Growth (2008-2018)|
European Bright Spots
There were some bright spots in Europe during this same time period. Malta, Ireland, and Monaco all achieved positive wealth growth at rates higher than 30% over the last 10 years.
While it’s expected to see rapidly-growing economies as prolific producers of wealth, it is much more surprising when mature markets perform so strongly. Singapore and New Zealand fall under that category, as does Australia, which was already a large, mature wealth market.
Australia recently surpassed both Canada and France to become the seventh largest wealth market in the world, and last year alone, over 12,000 millionaires migrated there.
The long-term economic slide of Venezuela has been well documented, and it comes as no surprise that the country saw extreme contraction of wealth over the last decade. Since war-torn countries are not included in the report, Venezuela ranked 90th, which is dead-last on a global basis.
Short Term, Long Term
In 2018, global wealth actually slumped by 5%, dropping from $215 trillion to $204 trillion.
All 90 countries tracked by the report experienced negative growth in wealth, as global stock and property markets dipped. Here’s a look at the wealth markets that were the hardest hit over the past year:
|Wealth Market||Wealth growth (2017 -2018)|
The future outlook is rosier. Global wealth is expected to rise by 43% over the next decade, reaching $291 trillion by 2028. If current trends play out as expected, Vietnam could likely top this list a decade from now with a staggering 200% growth rate.
Animation: The Biggest Economies in 2030
By 2030, the complexion of the global economy could look very different. This animation shows how the world’s biggest economies will change over time.
By 2030, the complexion of the global economy could look very different than it does today.
According to recent projections from Standard Chartered, a multinational bank headquartered in London, the next decade will see emerging markets like India and Turkey ascending the global economic ladder to become tomorrow’s powerhouses.
Visualizing the Boom in Emerging Markets
Today’s animation is based on a previous chart of the week we created that shows how economic growth is expected to unfold in the coming years.
View the projected change in rankings for the biggest economies from 2017 to 2030 below:
If the projections used in the above video prove to be accurate, the largest economy in 2030 will be China with $64.2 trillion in GDP after adjusting for purchasing power parity (PPP).
That’s nearly $20 trillion more than India, which will be the second largest by that time.
From Good to Great
While the sheer size of the Chinese economy is certainly an exclamation point, perhaps the more interesting story here is the ascent of developing markets in general.
By 2030, it’s projected that seven of the world’s 10 biggest economies will fall into that category:
|Rank||Country||Proj. GDP (2030, PPP)||GDP (2017, PPP)||% change|
|#1||China||$64.2 trillion||$23.2 trillion||+177%|
|#2||India||$46.3 trillion||$9.5 trillion||+387%|
|#3||United States||$31.0 trillion||$19.4 trillion||+60%|
|#4||Indonesia||$10.1 trillion||$3.2 trillion||+216%|
|#5||Turkey||$9.1 trillion||$2.2 trillion||+314%|
|#6||Brazil||$8.6 trillion||$3.2 trillion||+169%|
|#7||Egypt||$8.2 trillion||$1.2 trillion||+583%|
|#8||Russia||$7.9 trillion||$4.0 trillion||+98%|
|#9||Japan||$7.2 trillion||$5.4 trillion||+33%|
|#10||Germany||$6.9 trillion||$4.2 trillion||+64%|
Over this timeframe, countries like Egypt, China, India, Indonesia, Turkey, and Brazil will all see their economies expand with triple-digit growth in PPP terms.
In particular, India’s economy will be buoyed by rapid population growth in its cities, which are some of the fastest-growing urban areas on the planet. At the same time, Egypt’s economy is expected to grow from $1.2 trillion to $8.2 trillion according to the bank – although we would add that this seems quite optimistic.
Finally, developed economies like the United States, Germany, and Japan will keep growing – but just not at the blistering pace of developing countries. If these projections turn out, the Japanese and German economies will round out the list with the #9 and #10 spots, respectively.
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