The World’s Richest Individuals

The World’s Richest Individuals

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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Eight Men Who Are Doing Quite Well

A silver seesaw with a gold smiley face on one side and several silver frowning faces on the other side.

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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Inequality: Why the poor are getting poorer

Why is America a nation of growing inequality? The yawning economic and cultural gap between the well-to-do and the working class—now wider than at almost any point in our history—has academics and pundits searching for explanations. Now, a new Harvard study provides an illuminating—and “horrifying”—insight into what’s going on. The affluent and the working classes, the study found, are raising […]

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