Tag: Wealth

The combined wealth of the world’s billionaires now exceeds the collective market capitalization of all the companies in the Dow Jones industrial average

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 recent study. The Wealth-X and UBS Billionaire Census […]

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 Princeton University and Northwestern University. This research suggests […]

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, according to the Boston Consulting Group. CNBC’s Robert […]

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 of any future bail-outs for the weaker members […]