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Thursday, February 03, 2011

ROLLING IN THE STUFF

"By Forbes' count, 69 billionaires from 20 countries are expected to attend the annual World Economic Forum confab, which starts tomorrow in the Swiss Alps town of Davos. The helicopters whirring above this afternoon suggest that some may have already arrived.  It may well be the greatest concentration of wealth in any one place. Their total net worth, as tracked by Forbes: $427 billion, greater than the combined gross domestic product of Israel and Egypt. The U.S. has at least 20 billionaires expected to make the trip, more than any other country. (Forbes, 25 January) RD

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