The poor aren't getting poorer though, they're getting richer as well. Just not as fast as the rich do.

The Somalian kid will have a better career cause the guy born in dubai will just drive aroudn in his lambo all day lol and not need to work.

The gap is growing between the rich and the poor. The poor getting more isnt causing the truth to escape us.

The Rothschild's have half a trillion dollars all by themselves. Tell me the last time you've ever heard that family's name even being uttered on the world riches families list. It's said by some that they are worth over a trillion (or more) but have only reported their wealth to be about half a trillion.

that's delusional and in fact blatantly wrong.

a massive percentage of the worlds billionaires have INHERITED their networth. we are seeing a lot of random billionaires pop up today from tech companies exploding out of nowhere, yes, but they are not the majority

families who control huge corporations are a big percentage of the billionaire's out there. or individuals who got money directly from their parents. Think a Donald Trump (individual wealthy parent) or a rich family who controls a company (think the Wal-mart family)

and it is pretty fucked up

I don't care how you cut it or shake it, there should be some degree of limit on how much money a person can have. if anything, if you're a person somehow netting like billions of dollars every year or over the years your tax rate should go up astronomically

and some of these billionaires ARE in poor countries

people seem to mistakenly label China a 'world power' and as not exactly a third world country, but it SORT of IS. a vast majority of the people living in China are extremely poor and many are starving. China also I believe has the most billionaires in the world. the disparity between the richest in China vs. the poorest in China is massive.

its the same way everywhere obviously, but the point is some countries with a vast majority of struggling citizens can have tons of billionaires. you have to look at a country's total GDP and then consider their total POPULATION if you want to really get down to which places have the biggest disparity between the rich and the poor

at any rate obviously its terrible for some to have billions of dollars and some to starve. unfortunately politics and the massive divided way the world is cut up will make it near impossible to ever fix this

all I know though is that a billionaire should be sick to their stomach driving around in a lamghorini while others starve. and by others, like a billion people on the planet

I can give some excuse to the everyday guy not constantly being bothered by this, but anyone who feels comfortable with a billion dollars while others struggle is just an absolute ass hole

and the OP's stat of 62 people having as much money as 3.5 billion is just depressing and if anything a big sign that the world and individual countries need reform. wealth limits should be a thing. No one works 'hard enough' to have that much money.

again, the majority of billionaries got 'lucky' by owning a tech company that exploded because of the internet OR are a person who inherited it from family. bear in mind that many of the giant family names you can see in industry history 100 or 200 years ago are STILL around and the richest people

that's false. with inflation you might be tricked into believing it, but its just not the case. the disparity between the top 1% of the world and the bottom is bigger than its ever been

oh yeah, this for sure. the richest people and families are known to horde their wealth. its been the case for centuries. it just gets carried over from one generation to the next of the family and through various schemes its not that hard to build even more wealth without spending a large of percentage. at least when you get to the point of hundreds of millions or billions

what should concern people is that the richest people in the world are for the most part being born into it. a caste system is not a good thing and its something people should be very concerned of happening. it is occuring its just people seem not to notice it because the wealthiest people don't pronounce themselves nobles or whatever over-the-top

you don't hear much about the richest families in the USA for example, whom control a lot of big corporations. they stay in the shadows deliberately because who would want that bad attention

THIS!

Yeah stuff like this really does suck. But I am hoping to be more optimistic about this stuff.

More like stolen wealth. Colonization, slavery, the backbones of European and American wealth come from a line of exploitation and guns to the head.