United States | News & Politics

7385 readers

322 users here now

founded 4 years ago

MODERATORS

[email protected]

Billionaires' wealth more than doubles in 10 years: UBS (www.abs-cbn.com)

submitted 1 month ago by [email protected] to c/[email protected]

6 comments fedilink hide all child comments

all 7 comments

sorted by: hot top controversial new old

[–] [email protected] 3 points 1 month ago

We need a French solution to the Billionaire question.

[–] [email protected] 3 points 1 month ago (1 children)

That's because all they do is WORK so HARD! They work SO Hard that they can be CEO of MULTIPLE Companies as well as a Government Agency! WOW! How do they MANAGE all that TIME!

[–] [email protected] 1 points 1 month ago

Slave driving is hard work ok, the labor isn't going to exploit itself.

[–] [email protected] 3 points 1 month ago* (last edited 1 month ago)

This just means they more than doubled their work ethic. You will be as rich when you work as hard.

;)

[–] [email protected] 2 points 1 month ago* (last edited 1 month ago)

This is just a factor of how math works. Anyone holding US equities, which has historically returned 7-8% inflation adjusted per year for over a century, would see their wealth roughly double every 7-10 years.

[–] [email protected] 7 points 1 month ago

We're entering an age that would make the robber barons and captains of industry blush.

There's going to be many more CEO shootings coming.