Sunday, June 18, 2017

WINNER TAKE ALL--7 RICHEST MEN OWN MORE THAN POOREST 3.8 BILLION PEOPLE

Here's a quick quiz for you--match the names of the seven richest people in the world with their currrent net worth:

Jeff Bezos                                                      $89.3 billion

Warren Buffett                                               $84.1 billion

Larry Ellison                                                  $83.5 billion

Bill Gates                                                        $76.6 billion

Carlos Slim Helu                                             $64.8 billion

Amancio Ortega                                               $62.9 billion

Mark Zuckerberg                                              $55.5 billion

(Correct answer at bottom of this post)
                                                                            ___________
Now, let's add up their net worth:                  $516.7 billion

What's interesting about that? It's considerably more than is owned by the least wealthy 50 percent of the people in the world, around 3.8 billion people.

World wealth distribution (2012)
Credit: lioness.co.il

It's hard for me to come up with a good reason why seven men should have more wealth (and the power that comes with it) than 3.8 billion people. Can you?

----

Current order from the top: Gates, Bezos, Ortega, Buffett, Helu Zuckerberg, Ellison.



        
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