Our economy would become the world’s most innovative, our elites have assured us over the past 30 years, if we gave our rich enough incentives to innovate. We kept to our end of the bargain. So where’s the innovation?
The world’s super-duper rich, in the new Forbes magazine count, total just over 1,000 — and hold more wealth than half of humanity.
The global economic collapse, says the first in-depth survey of grand fortune since last September, has left the world’s wealth just as intensely concentrated as ever.
The world’s super rich, says the latest snapshot of global wealth, have lost humungous sums over the past year. Have billionaires, as some observers claim, now ’suffered’ their way back to the rest of us?
Our planet’s ultra-rich have padded their fortunes to new record levels. Who says? The flaming radicals at Merrill Lynch.