Loved by billions? I can count 1.5 billion in South Asia (India+Pakistan+Bangladesh). There may be a few million outside (mostly the Indian diaspora). Cricket is the no.1 sport only in South Asia. Even in countries such as Australia and England, its popularity is much lower than that of other sports such as football and boxing. A tournament played by just 10 countries (of that 5 in South Asia) can't be called a "world" cup. They should rename it to something like Commonwealth cricket championship.
Its good to see that you now moved on from your previous accusations and talking about Cricket now.
I suggest you should check the links which already posted in this thread by other posters. this would clear your confusion about Cricket popularity around the World. It ranks 2nd in the world.
I agree In England and Australia cricket is not the most popular sport despite being a national sport but its arguably in 2 and 3rd spot when competing with Football and Netball/NRL respectively. Having said that you might wanna check Cricket craze during Ashes too.
In case you don't know there are almost 90+ countries who play cricket as an Associate member, but they are yet to qualify for Full Member. Recently Afganistan and Ireland promoted as a Full member. I am sure you know what's the condition of Afganistan. its war-torn country and not very rich but still they managed to qualify for Full membership. only because of their dedication and love for the game. if they can then everybody can.
If you think ICC doing nothing for World Cricket then that might be news for you that ICC already Gave 20-20 status to All Associate Members.
http://www.espncricinfo.com/story/_/id/23324980/t20s-all-icc-members-international-statusAnd I strongly suggest that you should Google "
World Cricket League" and check process of qualifier. I am sure, after checking this you will retract your quote
can't be called a "world" cup. They should rename it to something like Commonwealth cricket championship.