A NATIONAL TREND
SINCE 2006 THE INCOME GAP BETWEEN RICH AND POOR HAS GROWN \H THE 15 LARGEST U.S. CITIES
Read moreSINCE 2006 THE INCOME GAP BETWEEN RICH AND POOR HAS GROWN \H THE 15 LARGEST U.S. CITIES
Read more“The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.” ― Bob Marley
Read moreA New York City hotel is offering wealthy guests a chance to go “glamping”—glamorous camping—so they can experience the outdoors with four-star amenities. Guests at New York’s AKA Central Park can spend $2,000 a night to sleep on a queen bed on the terrace of the hotel’s penthouse. “It’s basically being able to sleep under the stars in a luxury […]
Read moreMany experts consider the wealth gap to be more pernicious than the income gap, as it perpetuates from generation to generation and has a powerful effect on economic security and mobility. Young black people are much less likely than young white people to receive a large sum from their parents or other relatives to pay for college, start a business […]
Read moreShare of the world’s wealth that will be held by the richest 1% across the globe by 2016, according to a report from the antipoverty charity Oxfam: 50%
Read moreA notice appeared in the paper recently with the names and faces of eight men who have a combined wealth of $426 billion. According to Oxfam International, in 2015 this would have equaled the amount of wealth held by half the world’s population, the poorest half. Oxfam International is a confederation of charitable organizations in 90 countries seeking to stop the injustices that […]
Read moreAccording to a report from Oxfam the world’s eight richest people are worth as much as the 3.6 poorest people in the world. The total of their worth is $426 billion compared to 50% of the world’s poorest at $409 billion. The billionaires included in this list are Bill Gates ($75 billion), Warren Buffett ($61 billion), and Mark Zuckerberg ($45 […]
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