TV News LIES

Tuesday, Feb 09th

Last update05:20:13 AM GMT

You are here News Economy Billionaire wealth doubles since financial crisis

Billionaire wealth doubles since financial crisis

E-mail Print PDF

Billionaires doubleThe financial crisis didn't put a strain on everyone. The number of billionaires in the world has grown to more than 2,000 since 2009, and their aggregate net worth has more than doubled, reaching a record high.

The Wealth X and UBS Billionaire census report revealed a combined wealth of the world's billionaires to be $6.5 trillion, up from $3.1 trillion in 2009.

Eighty-eight percent of so-called "Ultra High Net Worth" individuals -- worth a minimum of $30 million each -- are men, and the average net worth is $139 million, up $1.8 million up from last year, according to the report.

The world's five richest men are Carlos Slim, Bill Gates, Amancio Ortega, Warren Buffett and Larry Ellison.

The five countries with the most billionaires are the U.S., China, Germany, the U.K. and Russia. The cities with the most billionaires are New York, Hong Kong, Moscow and London.

More...


Most Recent Related Stories...


The World’s Favorite New Tax Haven Is the United States

US tax haven Last September, at a law firm overlooking San Francisco Bay, Andrew Penney, a managing director at...

Tax-dodging by superrich driving global inequality, Oxfam says

Oxfam: Super Rich tax dodging cauing global inequalityTax dodging by the super-rich is one of the main drivers of global income inequality and...

SHELL: We'll cut 10,000 jobs

Shell to cut ten thousand jobsShell will cut 10,000 jobs in its merger with BG Group, and sell $30 billion (£21...

Obama unveils wage insurance plan to spur job seekers

Obama insurance planU.S. President on Saturday laid out a plan to help support the income of workers who...
 
America's # 1 Enemy
Tee Shirt
& Help Support TvNewsLIES.org!
TVNL Tee Shirt
 
TVNL TOTE BAG
Conserve our Planet
& Help Support TvNewsLIES.org!
 
Get your 9/11 & Media
Deception Dollars
& Help Support TvNewsLIES.org!
 
The Loaded Deck
The First & the Best!
The Media & Bush Admin Exposed!