Friday, September 19, 2014

The Love Of Money

The wealth of the world’s billionaires now stands at $7.3 trillion, an increase of 12 percent from last year, according to a new report released yesterday by Wealth-X and UBS. There are a record 2,325 billionaires in the world, up from 2,170 in 2013 and 1,360 in 2009, the first year following the financial collapse.

Billionaires make up .000033 percent of the world’s population, or to put in another way, there are about three million people for every one billionaire. Yet this exceedingly small social layer possesses about 4.5 times the total wealth of the bottom half of the population, or 3.5 billion people.

http://www.wsws.org/en/articles/2014/09/19/pers-s19.html

You don't suppose they're doing this as a public service, do you?

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