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Technology and the billionaire class

As Anand Giridharadas points out on pg 86 of his Winners Take All, the eight billionaires who can account for half the world’s wealth all owe their income to technology, albeit to varying degrees: Six of those eight made their money in the supposedly equalizing field of technology: Gates, Zuckerberg, […]

Who are the world’s 950 billionaires?

From Common Wealth, by Jeffrey Sachs, pg 327-328. Quoted in Jefffey Sachs, by Japhey Wilson, loc 1457: There are now around 950 billionaires in the world, with an estimated combined wealth of $3.5 trillion. That’s an amazing $900 billion in just one year. Even after all the yachts, mansions, and […]