Reference points of big numbers from the banking industry

Concord coach, from the days when Wells Fargo was the gold standard of honesty and integrity. Painting of Old Town San Diego is visible at top. Photo at Wells Fargo’s San Diego museum by James Ulvog.

To provide reference points for really big numbers, I’ve been accumulating information from articles that describe big things.

An article in the Wall Street Journal gives some detail of the fourth quarter financial results for Wells Fargo: 1/14/20 – Wall Street Journal – Wells Fargo CEO: A Wonderful Bank That Made ‘Some Terrible Mistakes’.

Top-line Revenue for 4th quarter:

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Costs of some big projects.

Artist rendering of a B-21 Raider concept in a hangar at Whiteman, Air Force Base, Missouri, one of the future bases to host the new airframe. (Courtesy photo by Northrop Grumman) (also courtesy of U.S. Air Force). Cost $550M each.

For a few indicators of the cost for some big projects and thus some reference points for big numbers, take a look at the Nuclear Notebook – United States nuclear forces, 2020, published by The Bulletin of Atomic Scientists.

Some projects with their specific costs mentioned in the article:

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Cost of Los Angeles and Las Vegas football stadiums

3d rendering of an outlined stadium. Image courtesy of Adobe Stock.

It is fascinating to see the cost of large projects. Check out the price tag for new football stadiums in Los Angeles and Las Vegas.

Los Angeles

The new stadium under construction in Los Angeles which, will be the home of the Rams and Chargers, will run a cool $5 billion.

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