The 1% are getting even richer — and it’s not going to stop any time soon

Reuters/Pawel Kopczynski The world’s richest people — the so-called 1% — will control almost two-thirds of global wealth by 2030. That’s according to a report from the House of Commons library, commissioned by Labour MP Liam Byrne. Currently the top 1% own 50.1% of all household wealth in the world, according to a Credit Suisse […]

Here’s how we know that Black Panther is much richer than Bruce Wayne and Tony Stark

Disney There’s a case to be made that Black Panther might be richer than the characters Bruce Wayne and Tony Stark.  T’Challa — Black Panther — is king of the state of Wakanda, one of the most technologically advanced nations in the Marvel Universe.  The mineral wealth of the fictional country alone would be worth […]

The rich are much richer than many of us realize, and it’s a result of the way we measure wealth

It is not possible to quantify the disparity between rich and poor by focusing solely on income.  In order to effectively calculate the scale of inequality, factors such as tax, education, and healthcare opportunities need to be taken into account. Reportedly, in 2013 the wealthiest 5% of American households held 62.5% of all assets in the […]

A step-by-step guide to get richer, healthier, and happier in 31 days

Business Insider/Samantha Lee If you don’t yet have a plan for 2018, you might be in trouble. Lucky for you, we’ve already made that plan for you. Above is our 30-day guide to starting off a healthy, wealthy, happy year. Each day is accompanied by a different task, along with a quick explanation, below, of […]

World’s richest become $1trn richer in 2017, make four times more than last year

Published time: 27 Dec, 2017 21:22 The world’s wealthiest people have become more than $ 1 trillion richer this year, earning four times more than in 2016, data collected by Bloomberg revealed. Chinese billionaires gained the most. In 2017, there was a 23 percent increase on the Bloomberg Billionaires Index, which ranks the world’s top […]

GOP-led bills jeopardize public university funds, as private college presidents get richer

The PROSPER Act is one of the Republican-led bills that eliminates some federal student aid programs for lower-income undergraduates. Meanwhile, a new study finds 58 private college presidents raked in at least $ 1 million each in annual salary in 2015. Republicans in the House recently revealed a new bill titled the Promoting Real Opportunity, […]

‘Moral crisis’: Gates, Buffett & Bezos richer than poorest half of America combined

Published time: 9 Nov, 2017 09:25 The three richest people in the United States – Bill Gates, Jeff Bezos, and Warren Buffett – have a total wealth that exceeds the savings of America’s poorest 160 million, a new study shows. The three billionaires are sitting on a combined $ 248.5 billion fortune, which outstrips the […]

The gap between India’s richer and poorer states is widening

COUNTRIES find it easier to get rich once their neighbours already are. East Asia’s growth pattern has for decades been likened to a skein of geese, from Japan at the vanguard to laggards such as Myanmar at the rear. The same pattern can often be seen within big countries. Over the past decade, for example, […]