This estimate puts Brazil's gay market only behind its European ($870 billion), American ($750 billion) and Chinese ($300 billion) counterparts. Paul Thompson, founder of LGBT Capital, a specialist asset management and corporate advisory business for this sector, says the Brazilian LGBT market is worth R$ 300 billion (US$133 billion) and is booming. In Brazil, the numbers are equally staggering. Globally, this population is estimated to be more than 400 million, with a spending power of $3 trillion.