World’s Richest 500 Now Worth $10 Trillion: A Moral Reckoning?
The world’s 500 richest individuals now collectively possess over $10 trillion in wealth. This staggering sum is almost equivalent to the combined GDP of Germany, Japan, and India—three of the world’s five largest economies. It’s a truly mind-boggling figure, representing roughly $20 billion per person on the list.
This concentration of wealth prompts a range of reactions. Some find the sheer scale of it almost unbelievable, noting that it would take nearly 2740 years to amass a trillion dollars even if one earned a million dollars every single day. Others point out the absurdity of this wealth, capable of funding a million-dollar-a-day spending spree for over half a century for each individual.… Continue reading
Matt Underwood