As the rich keep getting richer, the warning signs are starting to appear.
According to a financial magazine's survey of the extremely well-off, the seriously wealthy and the obscenely rich, Australian mining magnate Gina Rinehart made $24 billion in the past year.
As Rinehart's getting richer at the rate of $1.3 million every 30 minutes, the magazine reckons she's on track to become the world's richest person and accumulate a fortune of around $130 billion. Coincidentally that's almost exactly the amount of cash Apple has sitting in the bank.
British soldiers in World War I had a song that went, "It's the same the whole world over: it's the poor wot gets the blame, it's the rich wot gets the gravy. Ain't it all a bleedin' shame?"
You might wonder what's changed. The wealth gap between Rich Listers and those at the bottom is starting to resem
Tags: Wealth, Middle Class, Poor, IMF, World Bank, Elite, Unemployed, Corporates, Banks,
Location: New Zealand (load item map)
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