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@egalenet | |
Timing, luck or talent - what makes a billionaire? The size of these fortunes can be hard to comprehend. A billion is a huge number - to give an idea of scale, one million seconds is 11 days, but a billion is 32 years. And for some, the very existence of billionaires is obscene. Eighty-one of the world's richest people - about a bus-full - have more combined wealth than the poorest four billion people in the world. In a 2023 report on inequality, Oxfam concluded: Every billionaire is a policy mistake. The very existence of booming billionaires and record profits, while most people face austerity, rising poverty, and a cost-of-living crisis, is evidence of an economic system that fails to deliver for humanity. https://kasonde24.blogspot.com/2024/07/what-makes-billionaire.html |
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