A lot, would be an understatement. But hey! Lets get down to it!
Firstly there are several ways you could do this.
Firstly there are several ways you could do this.
1) Calculating a planet's worth is pretty hard. There are several factors to count, For example: Its constituents, Its habitability, Its size etc. to name a few. But thanks to the Greg Laughin Equation we can calculate the value of Extra-Terestrial planets, and putting the values for Earth we get about
5 QUADRILLION Dollars (5,000,000,000,000,000 if you prefer.).
But that is nowhere near close to the value I researched and came up with. Apparently the Equation doesn't even consider a ton of things that makes Earth Unique like the fact that LIFE exists on a giant rock revolving around the Sun.
2) Reddit user TheyDidTheMath shows some more interesting calculations by considering the elements present in the Earth's core and came up with this answer:
Value of the Earth's Mantle:
Mg: (0.228)(2.92e19)($1.20) = $7.99e18
Si: (0.215)(2.92e19)($0.11) = $6.91e17
Fe: (0.058)(2.92e19)($0.18) = $3.05e17
Al: (0.022)(2.92e19)($0.35) = $2.25e17
K: (0.003)(2.92e19)($22.00) = $1.93e18
Adding the values up gives a total of $8.99e18.
The value of the Outer Core:
Fe: (0.80)(1.86e22)($0.11) = $1.64e21
Ni: (0.20)(1.86e22)($3.82) = $1.42e22
This gives a final figure of $1.58e22.
Value of the Inner Core
Then, assuming a composition similar to that of the outer core, its total market value:
Fe: (0.80)(9.50e17)($0.11) = $8.36e16
Ni: (0.20)(9.50e17)($3.82) = $7.26e17
This yields a final figure of $8.10e17.
The Price of the Earth:
Written out, this number is $15,809,800,000,000,000,000,000, or $15.8 sextillon, or $15.8 billion trillion.
Again this Is a staggering Price, but he also says that he didn't consider the price of more precious elements like Gold,Silver and Osmium .
3) The History Channel aired a special episode about the value of our planet. They examined aspects such as diamonds, gold, lumber, water, and nearly everything on earth and came up with a price tag. From their calculation, our earth is worth $6,873,951,620,979,800, or to put it in words, nearly seven quadrillion dollars.
This would be close to the Greg Laughin Equation too.
So the Earth is Pretty pricey. so what do you think the Earth's Value would be? Leave the answer in the comments below!
PS.
I tried calculating it. Went NUTS
Thanks For READING!!!!!