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.
Subscribe to:
Post Comments (Atom)
-
Right now there are hundreds of campaigns globally for fossil fuel divestment as a strategy in the fight against climate change. Many are pr...
No comments:
Post a Comment