The Bloomberg Billionaires Index Reveals 2020?s Disturbing Wage Inequality
2020 was a rough year to say the least. However, amidst mass frenzy and uncertainty, it seems 2020 was not lost for all.
The post The Bloomberg Billionaires Index Reveals 2020’s Disturbing Wage Inequality appeared first on LUXUO.
Protestors demonstrate outside the home of Tucson’s Mayor Regina Romero in opposition to the new mask mandate to prevent the spread of the coronavirus disease (COVID-19) in Tucson, Arizona, U.S., June 20, 2020. REUTERS/Cheney Orr
2020 was a rough year to say the least. With the COVID-19 pandemic unleashing a new era of change for all business and commerce sectors, as many as 1.69 million people faced unemployment in the United States alone, while a multitude of shops, bars, travel and entertainment companies bordered on bankruptcy. However, amidst mass frenzy and uncertainty, it seems 2020 was not lost for all.
This is all U.S. wealth. If you squint, you can see a blue line showing every dollar half of Americans have.
Richest 10% have $81T
Poorest 50% have $2T
For every $100 in economic growth in the last 30 years, the top 10% got $71. The bottom half got $1.https://t.co/chy45I3wew pic.twitter.com/FtXXW8VIbf
— Dan Price (@DanPriceSeattle) January 2, 2021
As a matter of fact, the old school saying of ?The rich get richer and the poor get poorer,? couldn?t be more applicable than it is now. According to a daily ranking of the world?s richest people, known as the Bloomberg Billionaires Index, the richest 500 people on the planet hav...
The post The Bloomberg Billionaires Index Reveals 2020’s Disturbing Wage Inequality appeared first on LUXUO.
Protestors demonstrate outside the home of Tucson’s Mayor Regina Romero in opposition to the new mask mandate to prevent the spread of the coronavirus disease (COVID-19) in Tucson, Arizona, U.S., June 20, 2020. REUTERS/Cheney Orr
2020 was a rough year to say the least. With the COVID-19 pandemic unleashing a new era of change for all business and commerce sectors, as many as 1.69 million people faced unemployment in the United States alone, while a multitude of shops, bars, travel and entertainment companies bordered on bankruptcy. However, amidst mass frenzy and uncertainty, it seems 2020 was not lost for all.
This is all U.S. wealth. If you squint, you can see a blue line showing every dollar half of Americans have.
Richest 10% have $81T
Poorest 50% have $2T
For every $100 in economic growth in the last 30 years, the top 10% got $71. The bottom half got $1.https://t.co/chy45I3wew pic.twitter.com/FtXXW8VIbf
— Dan Price (@DanPriceSeattle) January 2, 2021
As a matter of fact, the old school saying of ?The rich get richer and the poor get poorer,? couldn?t be more applicable than it is now. According to a daily ranking of the world?s richest people, known as the Bloomberg Billionaires Index, the richest 500 people on the planet hav...
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