Billionaires March To Trillionaire Status While Ruining The World
Billionaires are increasing their wealth at never before seen rates while destroying everything. "Fifteen years ago, the world’s billionaires collectively had $4.5 trillion. By 2024, their wealth had more than tripled to $14.2…
Billionaires March To Trillionaire Status While Ruining The World
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Billionaires are increasing their wealth at never before seen rates while destroying everything. "Fifteen years ago, the world’s billionaires collectively had $4.5 trillion. By 2024, their wealth had more than tripled to $14.2 trillion. Now, their combined wealth totals $20.1 trillion — an amount that is equivalent to nearly a fifth of the entire world’s total yearly output. The stunning figures — calculated by the French economist Gabriel Zucman, director of the International Tax Observatory, a research organization funded by the European Union — reveal more than a surprisingly rapid increase in the concentration of wealth at the tippy top." [MORE]