""The world’s billionaires saw their wealth grow by 50 percent last year, and their ranks swell to 1,011, from 793, according to the latest Forbes list of billionaires.
The combined net worth of these 1,011 individuals increased to $3.6 trillion, up $1.2 trillion from the year before. On average, each billionaire had his or her wealth increase by $500 million.
Four hundred and three billionaires reside in the United States. They constitute just 0.00014 percent of the country’s total population, but control 8 percent of the national wealth. Each of these individuals holds over 300 million times more wealth than the average US resident."""
Imprison a billionaire today for Jee-zuss, and drop his shekels from hot-air balloons across EL MUNDO
2 comments:
Question: did any of the world's 1,011 billionaires make their fortunes selling bacon to other swine?
Good question, Fearguth.
I would say the big Swine who run the corporate Sty did not sell the bacon itself, but had their underlings--piglets--do it, and do the accounting as well . And may have sold to other swine, pigs, sows, and piglets as well. Like in Orwell's Animal Farm, or Pink Floyd tune, dewd.
How's that for cheap ugly metaphor of the day.
Fairly alarming facts, even without the swine. We should recall that the Ueber-wealthy like Gates, Buffett, Ellison, the Waltons etc make millions a year in investments/trade/stocks, regardless of the state of the economy. With a high-powered investment team, a billionaire can go long or short (or bull or bear, for mo' bad animal themes)--options in say crude oil go up 10 dollars a barrel, and the Walton family rakes in a few million .
Sort of JP Morgan, Rockefeller, or Rothchilds-like greed--but the top 50 or so of current Forbes far beyond railroad baron type ostentatious wealth.
I don't lose sleep over it, but...who knows when another Fidel Castro or Chavez might just appear in the USA
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