TV News LIES

Friday, Jul 21st

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...


JPMorgan Whistle-Blowers Set to Reap Record $61 Million Bounty

JP Morgan whitleblowersTwo whistle-blowers are set to share a record $61 million award from the Securities and Exchange...

Study: ‘Buy America’ rules raising costs for US transit systems

Buy America increases prices of mass transitFederal requirements to buy American-made products may be forcing some U.S. transit systems to spend more...

CBO rejects Trump's claim that budget plan would eliminate deficit

Trump budgetThe Congressional Budget Office cast doubt Thursday on the White House’s claim that President Trump’s proposed...

Ascena closing up to 650 clothing stores including Dress Barn

Ascena to close 650 storesBetween 250 and 650 retail stores including Ann Taylor, Dress Barn, Loft and Lane Bryant are...
 
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!