Ancestors

Written by Yogthos on 2025-01-20 at 23:20

China lost about 100 billionaires last year, according to UBS, accounting for a 20% net decline in Chinese billionaires' aggregate wealth. Meanwhile, the wealth of billionaires in US continues to skyrocket.

https://inequality.org/facts/global-inequality/

https://www.oxfam.org/en/press-releases/billionaire-wealth-surges-2-trillion-2024-three-times-faster-year-while-number

[#]us #china #economy

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Toot

Written by Juan Per¢ent🍉🏞️🌊 on 2025-01-20 at 23:24

@yogthos Good to know China is making progress on that front. Meanwhile an Oxfam study today: Wealth of world’s billionaires grew by $2tn in 2024, report finds

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Descendants