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Venezuela abandoning the bolivar and adopting the U.S. dollar would be the biggest currency switch since the advent of the euro, Hanke says

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American billionaires are showing off their farmland for elaborate hobbies, but a buying spree among the ultrarich risks pricing farmers out

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Taxing all 938 billionaires at 100% wouldn't stop the $40 trillion national debt, says Elon Musk. Bernie Sanders says tax them 5% and send you a check

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Venezuela abandoning the bolivar and adopting the U.S. dollar would be the biggest currency switch since the advent of the euro, Hanke says

2

American billionaires are showing off their farmland for elaborate hobbies, but a buying spree among the ultrarich risks pricing farmers out

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Taxing all 938 billionaires at 100% wouldn't stop the $40 trillion national debt, says Elon Musk. Bernie Sanders says tax them 5% and send you a check
FeaturesTobacco

Tobacco trade around the world

By
Nicolas Rapp
Nicolas Rapp
and
Ryan Bradley
Ryan Bradley
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By
Nicolas Rapp
Nicolas Rapp
and
Ryan Bradley
Ryan Bradley
Down Arrow Button Icon
November 21, 2013, 12:28 PM ET
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Each year about 2 million people collect, dry, and package tobacco — some 8 million tons, grown on 16,275 square miles of land — to make 5 trillion cigarettes. Tobacco is no longer the largest cash crop in America (that would be corn), but nothing earns more per acre except marijuana, which is still illegal almost everywhere. An acre of tobacco in the U.S. can yield about $1,500, vs. $300 for corn. But smoking rates in the developed world are in steep decline, falling to slightly less than half their peak in the mid-1960s, when an estimated 42% of all adults in America smoked. The growth — and where the U.S. sends its premium tobacco — is across the world: In China, according to the World Health Organization, nearly 60% of men are smokers.

This story is from the December 09, 2013 issue of Fortune.

About the Authors
Nicolas Rapp
By Nicolas RappInformation Graphics Director
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Nicolas Rapp is the former information graphics director at Fortune.

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By Ryan Bradley
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