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Economy

“World’s richest 1% gained $40 [Trillion] in a decade: Oxfam”

“The world’s richest one percent increased their fortunes by a total of $42 trillion over the past decade, Oxfam said Thursday, ahead of a G20 summit in Brazil where taxing the super-rich tops the agenda. Despite this windfall, taxes on… Continue Reading…

Economy

“World’s richest have never been so wealthy: study”

“The world has never had so many rich people and their investments in soaring stock markets have made them wealthier than ever recorded, according to a study published on Wednesday. The number of “high net worth individuals” (HNWI) — defined… Continue Reading…

Business

“Trump’s Net Worth Hits $6.5 Billion, Making Him One of World’s 500 Richest People”

“…his social media company Trump Media & Technology Group wrapped up a 29-month-long merger process, meaning shares worth billions of dollars on paper are now officially Trump’s. All told, his net worth increased by more than $4 billion. That means… Continue Reading…

Business, Energy

[Exposed] “Carbon emissions of richest 1% equal to those of poorest 66%, Oxfam report finds”

“The world’s richest 1% of people are responsible for around the same percentage of global carbon emissions as the 5 billion people who represent the 66% poorest, according to a report published Monday by Oxfam…” https://www.cnbc.com/2023/11/20/richest-1percent-produce-same-carbon-emissions-as-poorest-66percent-report-.html Let me translate this… Continue Reading…

Business

“Most Adani shares continue bloodbath as Asia’s richest man loses $28 billion in a month”

“Founder Gautam Adani, the richest man in Asia and once second only to Elon Musk, fell out of the world’s top five richest to seventh place on the Bloomberg’s Billionaire Index. His net worth fell $27.9 billion year-to-date, the index… Continue Reading…