Posts Tagged ‘wealth’

“If Someone is in Pain, I Am in Pain”: Jack Dorsey Plans To Give All Of His Wealth Away In His Lifetime

(TMU) – At the start of the coronavirus crisis, Twitter CEO and co-founder Jack Dorsey shocked the world with his promise to donate $1 billion, or about 28% of his wealth, to help with the economic fallout from the pandemic. Now, Dorsey says that he plans to give away all of his money within his […]

Richest Americans Have Added $434 Billion To Their Wealth Since Crisis Hit

(CD) – America’s billionaires saw their combined net worth soar by $434 billion between March 18 and May 19 while the coronavirus pandemic killed tens of thousands of people and ravaged the U.S. economy, forcing more than 30 million out of work. That’s according to a new analysis released Thursday by Americans for Tax Fairness […]

American Billionaire Wealth has Already Climbed 15% During Lockdown Misery

During Andrew Anglin’s debate with Greg Johnson on the coronavirus, Johnson argued that the ruling class would not want the country locked down because they lose money when people aren’t working. We have also witnessed the strange persons of the Alt-Right claim that all the ruling class cares about is making money, […]

Hitchens: We’re Destroying The Wealth Of Nations & The Health Of Millions

Authored by Peter Hitchens, op-ed via The Daily Mail, Why do I bother? For six weeks now I have been saying that the Government’s policy on Covid-19 is a mistake. Most people do not agree with me, and many are angry with me for saying so. Others, bafflingly, don’t care about the greatest crisis I […]

Saudi Wealth Fund Buying Stocks During Weakness

Saudi Arabia’s sovereign wealth fund has bought minority stakes in major American companies including Boeing (BA.N), Facebook (FB.O) and Citigroup (C.N), a regulatory filing showed, giving it a portfolio of nearly $10 billion in U.S.-listed stocks. The $300 billion Public Investment Fund (PIF) has been buying minority stakes in companies across the […]

Proposed $3 Trillion Transfer of Wealth Scheme is Being Called the HEROES Act

Phillip Schneider, Staff Writer Waking Times Recently introduced by Republican Bill Huizenga from Michigan, proposed legislation H.R. 6433 is being called the HEROES Act. It is a $3 trillion stimulus bill which would transform American society unlike anything this country has seen since the 1960’s. Endorsed by House Majority Leader Nancy Pelosi, the legislation would […]

America’s Super Rich See Their Wealth Rise By $282 Billion In Three Weeks of Pandemic

The Facts: Vittorio Sgarbi, Italian politician Mayor of Sutri gave an emotional speech at a hearing on the 24th of April where he emphasized that the number of deaths in Italy due to COVID-19 are completely false and that the people are being lied to. Reflect On: Why does mainstream media completely ignore all of […]

Who Really Controls the World? Deadly Weapons, Concentration of Wealth, Corporate Media

(Article originally published in April 2015) Since I entered politics, I have chiefly had men’s views confided to me privately. Some of the biggest men in the United States, in the field of commerce and manufacture, are afraid of something. They know that there is a power somewhere so organised, so subtle, so watchful, so […]

America’s Super-Rich See Their Wealth Rise $282 Billion In Three Weeks Of Pandemic

Authored by Alan Macleod via MintPressNews.com, A new report from the Institute for Policy Studies found that, while tens of millions of Americans have lost their jobs during the coronavirus pandemic, America’s ultra-wealthy elite have seen their net worth surge by $282 billion in just 23 days. This is despite the fact that the economy is expected to contract […]

Bezos Wealth SKYROCKETS by $24 Billion as 17 Million Americans Lose Their Jobs

One of the world’s richest men, Jeff Bezos, has seen a staggering $24 billion increase in his wealth recently, as ordinary Americans struggle to put food on the table. Just one week after 17 million hard-working Americans filed for unemployment, Amazon boss Jeff Bezos saw his net worth increase to $138.5 billion as Amazon’s stock […]

Wealthy Have Contempt For Those Without Wealth In Pandemics Throughout History And Today

Wealthy Have Contempt For Those Without Wealth In Pandemics Throughout History And Today Above photo: The Statue Of David in the Piazza della Signoria In Italy Wearing a Protective Face Mask. No Fennel in the Sausage, No $600 for the Jobless. In plagues past and pandemic present, the wealthy exude the same contempt for those […]

Twitter’s Jack Dorsey to Donate $1 Billion (~28% of His Wealth) to Coronavirus Relief

(TMU) — Twitter co-founder and CEO Jack Dorsey announced that he will be pledging $1 billion to help fund coronavirus economic relief efforts. This donation is not only large in scale, but is also a relatively large portion of Dorsey’s overall wealth—roughly 28% of his total 3.9 billion net worth. The money will come from […]

“Very Challenging” – Norway Wealth Fund Lost Record $113 Billion, Withdraws Money To Fight Virus Crisis — The Duran

“Norway has the world’s largest sovereign wealth fund, but no gold reserves. Sold it all in 2004!” The stock market crash around the world, triggered by coronavirus pandemic, has led to unprecedented losses for the world’s biggest sovereign wealth fund. According to Bloomberg, Norway’s sovereign wealth fund lost $113 billion in the first quarter. The […]

Essay on “Health is Wealth” Is of good value for Your Further job!

Essay on “Health is Wealth” Is of good value for Your Further job! Directions on Writing Essays up up on “Health is Wealth” If you wish to prepare an essay on wellness Is riches, you have to know that you might compose it from various view points. For instance, you can look at such […]

Watch: News Anchor Shows Americans Real Size of Wealth Gap—Using American Pie

Eoin Higgins, Common Dreams Waking Times A four minute video that aired on CBS Friday morning was praised for using slices of real pie to show the huge wealth gap in the U.S.—surprising passers-by who joined anchor Tony Dokoupil at a table set up at a mall in West Nyack, New York. “Give this video four minutes and let’s […]

All The World’s Wealth In One Visualization

The financial concept of wealth is broad, and it can take many forms. While your wealth is most likely driven by the dollars in your bank account and the value of your stock portfolio and house, Visual Capitalist’s Jeff Desjardins notes that wealth also includes a number of smaller things as well, such as the […]

Russia To Reduce US Dollars In National Wealth Fund As Putin’s De-Dollarization Continues 

Last month, Russian Economy Minister Maxim Oreshkin told the Financial Times that the country would continue down the path of de-dollarization and begin trading some oil transactions in Euros and roubles. “We have very good currency, and it’s stable. Why not use it for global transactions?” Oreshkin said in a recent interview with the […]

Liz Warren Offers To Meet Bill Gates, Explain "Exactly How Much He’d Pay" Under Her Wealth Tax

Just like matter and anti-matter, the world should be afraid of the consequences of the world’s (second) richest man meeting with the world’s most vociferous wealth-taxer. During an appearance at the New York Times’ DealBook conference in New York on Wednesday, Bill Gates appeared to veer from his typical virtue-signaling supremo self, and criticized Elizabeth Warren over […]

Libya Was Destroyed by the West to Steal Africa’s Wealth – Gaddafi Spokesman

The toppling of the Gaddafi government in Libya in 2011 was done to steal the country’s vast gold and oil reserves, a former Gaddafi spokesman claims. The 2011 NATO bombing campaign, which propped up rebel forces and led to the summary execution of the Libyan leader, was justified by reports of various crimes of its […]

"You’re Forecasting A Revolution" – Household Leverage Ratios By Wealth Distribution

Authored by Global Macro Monitor, We are just starting to play with the wealth distribution data and will have much more coming your way.  What we have seen so far is shocking. The distribution of wealth has deteriorated significantly over the past 20 years and is now so skewed toward the top that average U.S. […]

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