Billionaire wealth tops $7 trillion By Judy Martel · Bankrate.com Monday, September 22, 2014 The combined wealth of the world’s billionaires now exceeds the collective market capitalization of all the companies in the Dow Jones industrial average, according to a… Read More ›
Wealth
Gutting of campaign finance laws enhances influence of corporations and wealthy Americans
PUBLIC RELEASE DATE: 10-Apr-2014 – “This study dashes hopes for this democratic kind of interest-group influence,’ PRINCETON, N.J.—Affluent individuals and business corporations already have vastly more influence on federal government policy than average citizens, according to recently released research by… Read More ›
In the U.S. the richest 1% in the U.S received 95% of wealth created since 2009
– 1% of the population, which combined owns about 46% of global – 1% had $110 trillion in wealth — 65 times the total wealth of the bottom half of the population 85 people Own Half of Earth’s Wealth Tuesday,… Read More ›
Does getting rich mean giving less? Research shows the more money you have, the more tight fisted you become
A study from UC Berkeley’s Dacher Keltner finds that isolation and a decrease in generosity occur as personal wealth increases Another study tracked a Mexican village and watched giving and community activities drop as wealth grew Since 1800, Americans have… Read More ›
That’s a bit rich: Only 28 per cent of millionaires think they’re wealthy
A study by UBS found that only 28 per cent of investors with $1-$5 million feel rich Only 60 per cent with $5 million or more think they are wealthy The average annual income in America is $51,500 The rich… Read More ›
Top 1% Control 39% of World’s Wealth
Published: Friday, 31 May 2013 | 11:30 AM ET By: Robert Frank | CNBC Reporter & Editor The Rich Get Richer Friday, 31 May 2013 | 2:52 PM ET The top 1 percent now controls 36 percent of the world’s wealth,… Read More ›
How the rich got RICHER during the economic recovery – while the other 93 percent became worse off
Average net worth of households in the upper 7 percent rose by an estimated 28 percent Households in the lower 93 percent dropped by 4 percent Reason found: Affluent households typically own stocks and other financial holdings that increased in… Read More ›
Wealth tax to pay for EU bailouts
Monday, 15 April 2013 Wealthy households would face new taxes on property and other assets under German plans to prop up the struggling eurozone. Senior advisers to Chancellor Angela Merkel are pushing for better-off households to pay towards the cost… Read More ›
While chaos drives some to seek comfort in friends and family, Many Wealthy gravitate toward money and material possessions
By Yasmin Anwar, Media Relations | August 30, 2012 BERKELEY —Crises are said to bring people closer together. But a new study from UC Berkeley suggests that while the have-nots reach out to one another in times of trouble, the… Read More ›
Engineering Evil 