Tag: the 1 percent
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Private jets have rightfully earned their reputation as symbols of excess. As society’s wealth has concentrated in fewer hands over the last several decades, there has been an explosion in… more ›
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The controversial ruler of Dubai has acquired a land and property empire in Britain that appears to exceed 40,000 hectares (100,000 acres), making him one of the country’s largest landowners,… more ›
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The number of billionaires worldwide grew by 660 in 2020, according to the latest annual tally by Forbes magazine. There are now a record 2,755 people globally who have more… more ›
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Gain a global perspective on the US and go beyond with curated news and analysis from 600 journalists in 50+ countries covering politics, business, innovation, trends and more. https://www.ft.com/content/dd2e4aeb-e3df-48f1-b634-89ebf685a92c more ›
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Lauren A. Rivera’s Pedigree: How Elite Students Get Elite Jobs is a depressing book because it tells how the world works: https://www.overcomingbias.com/2020/11/what-makes-prestige.html more ›
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The fortunes of the super-rich have reached staggering levels, and for decades, inequality’s been rising. To get a sense of the scale of the problem, here are three sources. https://thecorrespondent.com/712/theres-no-such-thing-as-a-self-made-billionaire/901152214776-cf03048a more ›
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If you’ve read an article or two about economic inequality in the United States at any point in the past decade, chances are you’ve come across a chart like this:… more ›
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A year ago, the office of Citizenship by Investment Program (CIP) in the small Caribbean island nation of St. Lucia had received no applications from any Africans in its nearly… more ›
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The difference between the extremely wealthy and the rest of humanity lies often in their power to remain invisible. Their political strategies are hidden from public scrutiny, their business practices disguised… more ›