It seems the rich can heave a collective sigh of relief despite the recent economic downturn. Five years after the financial crisis, America's super-rich have recovered all their losses to see their wealth reach an all-time high. 'According to Forbes magazine the 400 wealthiest Americans are worth a record $2.02 trillion (£1.4tn), up from $1.7tn in 2012, a collective fortune slightly bigger than Russia's economy. ..... Bill Gates has been named as the richest American for the 20th year in a row, with a personal fortune of $72bn.' (Guardian, 16 September) The rich get richer, so what's new about that? RD
The Glasgow & Edinburgh Branches Blog. Towards a better understanding of the world, in order to change it.
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