A NATIONAL TREND
SINCE 2006 THE INCOME GAP BETWEEN RICH AND POOR HAS GROWN \H THE 15 LARGEST U.S. CITIES
Read moreTag: wealth
A Mothers Love
Bob Marley Quote – Greatness of Man
“The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.” ― Bob Marley
Read moreThe 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 […]
Read moreInequality in Wealth
What’s most important—and troubling— is the decades-long, systemic expansion of the economic distance between the richest of the rich and the poorest of the poor, and the long, backward slide for the majority of those in-between.
Read moreWhen The Wealthy Go Camping
A New York City hotel is offering wealthy guests a chance to go “glamping”—glamorous camping—so they can experience the outdoors with four-star amenities. Guests at New York’s AKA Central Park can spend $2,000 a night to sleep on a queen bed on the terrace of the hotel’s penthouse. “It’s basically being able to sleep under the stars in a luxury […]
Read moreHousehold Economics: Racial Distribution
Many experts consider the wealth gap to be more pernicious than the income gap, as it perpetuates from generation to generation and has a powerful effect on economic security and mobility. Young black people are much less likely than young white people to receive a large sum from their parents or other relatives to pay for college, start a business […]
Read moreOwned Stock
Percentage of U.S. stock owned by the wealthiest 10 percent of Americans: 89
Read moreShare of The Wold’s Wealth
Share of the world’s wealth that will be held by the richest 1% across the globe by 2016, according to a report from the antipoverty charity Oxfam: 50%
Read moreMoney
