A notice appeared in the paper recently with the names and faces of eight men who have a combined wealth of $426 billion. According to Oxfam International, in 2015 this would have equaled the amount of wealth held by half the world’s population, the poorest half. Oxfam International is a confederation of charitable organizations in 90 countries seeking to stop the injustices that […]
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According to a report from Oxfam the world’s eight richest people are worth as much as the 3.6 poorest people in the world. The total of their worth is $426 billion compared to 50% of the world’s poorest at $409 billion. The billionaires included in this list are Bill Gates ($75 billion), Warren Buffett ($61 billion), and Mark Zuckerberg ($45 […]
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The 400 richest Americans have as much wealth as all 41 million African Americans.
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Being rich makes you more likely to lie, cheat, and steal. A series of experiments conducted on volunteers with annual incomes ranging between $16,000 and $150,000 found that the wealthiest were most likely to cheat to win a $50 prize, take candy from children, and pocket extra change given to them by mistake. Drivers of pricier cars were also four […]
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“Now that he was rich he was not thought ignorant anymore, but simply eccentric.” – Mavis Gallant
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SINCE 2006 THE INCOME GAP BETWEEN RICH AND POOR HAS GROWN \H THE 15 LARGEST U.S. CITIES
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