Economic Truth documentary VIDEO


  • Five Jews make Forbes’ list of top 10 wealthiest Americans (Only an Israeli rag could report that fact but for anyone else they would scream it was antisemitic)
  • Which top hedge fund managers in America are Jewish? (Clearly decades of oppression and anti-semitism have caused these poor souls to live like paupers)
  • The Hedge Fund Billionaires ( Of the 10 wealthiest, 8 (80%) are Jewish)
  • World's 26 richest people own as much as poorest 50%, says Oxfam
  • 'Billionaire boys club': the challengers lining up to face Trump in 2020 (and they are all jewish must be all that persecution they have face for so long that makes them SO RICH)
  • Rich and powerful back conspiring in Davos under the guise of saving the planet VIDEO

    America's hypocritical and deluded political mafia have the fucking audacity to preach to Russia about the 'rule of law and ordered liberty' while they bomb the fuck out of the world and lock up more of their citizens than any other nation on earth.
    The Rule of the Uber-Rich Means Tyranny or Revolution

    At the age of 10 I was sent as a scholarship student to a boarding school for the uber-rich in Massachusetts. I lived among the wealthiest Americans for the next eight years. I listened to their prejudices and saw their cloying sense of entitlement. They insisted they were privileged and wealthy because they were smarter and more talented. They had a sneering disdain for those ranked below them in material and social status, even the merely rich. Most of the uber-rich lacked the capacity for empathy and compassion. They formed elite cliques that hazed, bullied and taunted any nonconformist who defied or did not fit into their self-adulatory universe.

    It was impossible to build a friendship with most of the sons of the uber-rich. Friendship for them was defined by “what’s in it for me?” They were surrounded from the moment they came out of the womb by people catering to their desires and needs. They were incapable of reaching out to others in distress—whatever petty whim or problem they had at the moment dominated their universe and took precedence over the suffering of others, even those within their own families. They knew only how to take. They could not give. They were deformed and deeply unhappy people in the grip of an unquenchable narcissism. It is essential to understand the pathologies of the uber-rich. They have seized total political power. These pathologies inform Donald Trump, his children, the Brett Kavanaughs, and the billionaires who run his administration. The uber-rich cannot see the world from anyone’s perspective but their own. People around them, including the women whom entitled men prey upon, are objects designed to gratify momentary lusts or be manipulated. The uber-rich are almost always amoral. Right. Wrong. Truth. Lies. Justice. Injustice. These concepts are beyond them. Whatever benefits or pleases them is good. What does not must be destroyed.

    The pathology of the uber-rich is what permits Trump and his callow son-in-law, Jared Kushner, to conspire with de facto Saudi ruler Mohammed bin Salman, another product of unrestrained entitlement and nepotism, to cover up the murder of the journalist Jamal Khashoggi, whom I worked with in the Middle East. The uber-rich spend their lives protected by their inherited wealth, the power it wields and an army of enablers, including other members of the fraternity of the uber-rich, along with their lawyers and publicists. There are almost never any consequences for their failures, abuses, mistreatment of others and crimes. This is why the Saudi crown prince and Kushner have bonded. They are the homunculi the uber-rich routinely spawn. The rule of the uber-rich, for this reason, is terrifying. They know no limits. They have never abided by the norms of society and never will. We pay taxes—they don’t. We work hard to get into an elite university or get a job—they don’t. We have to pay for our failures—they don’t. We are prosecuted for our crimes—they are not.

    The uber-rich live in an artificial bubble, a land called Richistan, a place of Frankenmansions and private jets, cut off from our reality. Wealth, I saw, not only perpetuates itself but is used to monopolize the new opportunities for wealth creation. Social mobility for the poor and the working class is largely a myth. The uber-rich practice the ultimate form of affirmative action, catapulting white, male mediocrities like Trump, Kushner and George W. Bush into elite schools that groom the plutocracy for positions of power. The uber-rich are never forced to grow up. They are often infantilized for life, squalling for what they want and almost always getting it. And this makes them very, very dangerous. Political theorists, from Aristotle and Karl Marx to Sheldon Wolin, have warned against the rule of the uber-rich. Once the uber-rich take over, Aristotle writes, the only options are tyranny and revolution. They do not know how to nurture or build. They know only how to feed their bottomless greed. It’s a funny thing about the uber-rich: No matter how many billions they possess, they never have enough. They are the Hungry Ghosts of Buddhism. They seek, through the accumulation of power, money and objects, an unachievable happiness. This life of endless desire often ends badly, with the uber-rich estranged from their spouses and children, bereft of genuine friends. And when they are gone, as Charles Dickens wrote in “A Christmas Carol,” most people are glad to be rid of them.

    C. Wright Mills in “The Power Elite,” one of the finest studies of the pathologies of the uber-rich, wrote:

    They exploited national resources, waged economic wars among themselves, entered into combinations, made private capital out of the public domain, and used any and every method to achieve their ends. They made agreements with railroads for rebates; they purchased newspapers and bought editors; they killed off competing and independent businesses and employed lawyers of skill and statesmen of repute to sustain their rights and secure their privileges. There is something demonic about these lords of creation; it is not merely rhetoric to call them robber barons.

    Corporate capitalism, which has destroyed our democracy, has given unchecked power to the uber-rich. And once we understand the pathologies of these oligarchic elites, it is easy to chart our future. The state apparatus the uber-rich controls now exclusively serves their interests. They are deaf to the cries of the dispossessed. They empower those institutions that keep us oppressed—the security and surveillance systems of domestic control, militarized police, Homeland Security and the military—and gut or degrade those institutions or programs that blunt social, economic and political inequality, among them public education, health care, welfare, Social Security, an equitable tax system, food stamps, public transportation and infrastructure, and the courts. The uber-rich extract greater and greater sums of money from those they steadily impoverish. And when citizens object or resist, they crush or kill them.

    The uber-rich care inordinately about their image. They are obsessed with looking at themselves. They are the center of their own universe. They go to great lengths and expense to create fictional personas replete with nonexistent virtues and attributes. This is why the uber-rich carry out acts of well-publicized philanthropy. Philanthropy allows the uber-rich to engage in moral fragmentation. They ignore the moral squalor of their lives, often defined by the kind of degeneracy and debauchery the uber-rich insist is the curse of the poor, to present themselves through small acts of charity as caring and beneficent. Those who puncture this image, as Khashoggi did with Salman, are especially despised. And this is why Trump, like all the uber-rich, sees a critical press as the enemy. It is why Trump’s and Kushner’s eagerness to conspire to help cover up Khashoggi’s murder is ominous. Trump’s incitements to his supporters, who see in him the omnipotence they lack and yearn to achieve, to carry out acts of violence against his critics are only a few steps removed from the crown prince’s thugs dismembering Khashoggi with a bone saw. And if you think Trump is joking when he suggests the press should be dealt with violently you understand nothing about the uber-rich. He will do what he can get away with, even murder. He, like most of the uber-rich, is devoid of a conscience.

    The more enlightened uber-rich, the East Hamptons and Upper East Side uber-rich, a realm in which Ivanka and Jared once cavorted, look at the president as gauche and vulgar. But this distinction is one of style, not substance. Donald Trump may be an embarrassment to the well-heeled Harvard and Princeton graduates at Goldman Sachs, but he serves the uber-rich as assiduously as Barack Obama and the Democratic Party do. This is why the Obamas, like the Clintons, have been inducted into the pantheon of the uber-rich. It is why Chelsea Clinton and Ivanka Trump were close friends. They come from the same caste. There is no force within ruling institutions that will halt the pillage by the uber-rich of the nation and the ecosystem. The uber-rich have nothing to fear from the corporate-controlled media, the elected officials they bankroll or the judicial system they have seized. The universities are pathetic corporation appendages. They silence or banish intellectual critics who upset major donors by challenging the reigning ideology of neoliberalism, which was formulated by the uber-rich to restore class power. The uber-rich have destroyed popular movements, including labor unions, along with democratic mechanisms for reform that once allowed working people to pit power against power. The world is now their playground.

    In “The Postmodern Condition” the philosopher Jean-François Lyotard painted a picture of the future neoliberal order as one in which “the temporary contract” supplants “permanent institutions in the professional, emotional, sexual, cultural, family and international domains, as well as in political affairs.” This temporal relationship to people, things, institutions and the natural world ensures collective self-annihilation. Nothing for the uber-rich has an intrinsic value. Human beings, social institutions and the natural world are commodities to exploit for personal gain until exhaustion or collapse. The common good, like the consent of the governed, is a dead concept. This temporal relationship embodies the fundamental pathology of the uber-rich. The uber-rich, as Karl Polanyi wrote, celebrate the worst kind of freedom—the freedom “to exploit one’s fellows, or the freedom to make inordinate gains without commensurable service to the community, the freedom to keep technological inventions from being used for public benefit, or the freedom to profit from public calamities secretly engineered for private advantage.” At the same time, as Polanyi noted, the uber-rich make war on the “freedom of conscience, freedom of speech, freedom of meeting, freedom of association, freedom to choose one’s own job.”

    The dark pathologies of the uber-rich, lionized by mass culture and mass media, have become our own. We have ingested their poison. We have been taught by the uber-rich to celebrate the bad freedoms and denigrate the good ones. Look at any Trump rally. Watch any reality television show. Examine the state of our planet. We will repudiate these pathologies and organize to force the uber-rich from power or they will transform us into what they already consider us to be—the help.

  • Billionaire Boys and Their Faked Into "Space" Toys VIDEO
    How the rich get richer – money in the world economy VIDEO

  • While the peasants face austerity there are no shortage of mansions around the world where the rich bastards who control the economy can live a luxury lifestyle
  • Establishment Stole $50 Trillion and Want to Keep It VIDEO
    Murdoch rag concentrates on who are the new ultra rich on the back of the victims of tory austerity

  • The world’s richest became $1 trillion wealthier in 2017 and here’s why that should worry us

    The more that the wealthiest few control the majority of a country’s income, the more the general population becomes stressed, angry and worried

    Many of us will be familiar with that post-Christmas feeling of deflation: the anaemic state of our bank accounts, coupled with an expanding waistline, and perhaps an element of guilt or frustration stemming from that unresolved family row. The season to be jolly has clearly run its course. So headlines announcing that the world’s richest individuals increased their wealth by a weighty $1 trillion, or about £750bn, in 2017 – as most of us here in the UK battled stagnant wages, rising shop prices and that nauseating refrain of Brexit uncertainty – won’t necessarily be met by raucous applause.

    In fact, the figures are quite startling. Bloomberg’s Billionaire Index, which measures the wealth of the world’s top 500 people, shows that the richest of the rich controlled a total of $5.3 trillion in 2017, up from an already staggering $4.4 trillion at the same point in 2016. For context, the United States of America – the world’s largest economy – has a gross domestic product of somewhere around $19 trillion. Top of the pack was Jeff Bezos, the e-commerce tsar who founded Amazon back in the 1990s and still leads the behemoth today. Spurred by an increase of more than 50 per cent in the share price of Amazon to well over $1,000 in the last 12 months, the bald entrepreneur from Albuquerque, New Mexico, saw his personal riches mushroom by $34.2bn to just under $100bn. That increase alone is roughly equivalent to the GDP of Bolivia.

    Other big gainers of the year include veteran financier Warren Buffett, who grew his riches by almost $12bn, Microsoft co-founder Bill Gates, who – despite losing the top spot in the overall ranking to Mr Bezos in October – grew his wealth by almost $9bn, and Facebook daddy Mark Zuckerberg, with an almost $23bn surge. So all in all, not a bad year to be a billionaire. But what does it mean for the rest of us? Well if you’re already disheartened by the prospect of the fattest felines getting even chunkier as we mere mortals wistfully channel pathetic pennies into our hungry ISAs, then you might want to stop reading round about now.

    Back in 2016, a working paper published by a group of academics from such esteemed institutions as the University of Oxford, London School of Economics and Cornell University found that as the rich get richer the rest of us get grumpier. “Some theories suggest that, overall, inequality can be a good thing: individuals are motivated by seeing others accumulate more wealth, as they believe that they can do the same,” Jan-Emmanuel De Neve of Oxford’s Saïd Business School and one of the authors of the paper, said at the time.

    “While this may happen to a certain extent in some transitional or emerging economies, our research shows that, worldwide, income inequality at the very top makes us all less happy with our lives, even if we’re relatively well-off,” he added. De Neve and his colleagues measured the share of taxable income held by the top 1 per cent in each country over time, and charted that against reported levels of life satisfaction and positive or negative emotional wellbeing across the population.

    The findings were quite clear: in societies where the richest control the majority of the country’s income, the population as a whole is more likely to report feeling “stressed”, “worried” or “angry”. “We started our research by asking if income inequality at the very top really matters to the life evaluation of the average person,” said De Neve’s co-author Nattavudh Powdthavee of the LSE. “The results have shown conclusively that it does.”

    The logic behind their theory is not complicated. As the rich get richer, they are responsible for pricing certain goods and services out of the reach of the rest of the population – think top schools, the best hospitals and property in particularly desirable locations. And then there’s also a crucial psychological factor that may play a part: seeing the most prosperous becoming even more affluent might make you feel like your chances of moving up the ladder are fluttering away – like $100 notes in the breeze. And I can’t blame you.

    If you’re still reading, then let me reward you with a small consoling factoid to conclude. We in the UK might actually not have it as bad as our peers in other western nations. Bloomberg’s index of the 500 super rich currently includes only 14 individuals from the UK, of which only one – the youthful 7th Duke of Westminster – just about squeezes into the top 100 by taking 99th spot with an estimated wealth of a whisker under $13bn. The US is represented by over 150 individuals in the list of 500 and dominates the upper echelons by taking six of the first 10 positions. So yes, there are better ways of recovering from that post-Christmas slump than by being reminded of just how poor we all really are, and of the precipitous rise in global inequality. But we might be a lot grumpier if we lived elsewhere.

    And if you needed yet another reason not to move to America in 2018, well now you might just have one.

  • Britain stuck at bottom of pay growth league for 2018
  • Billionaires behind global inequality

  • Stress, panic and paranoia of the billionaire class VIDEO

    When they are ripping off the world there are side effects
    George Soros helped Nazi's plunder his jewish neighbours VIDEO

  • George Soros sold out Jewish neighbors and helped lead the Nazis into their homes to confiscate property
  • Zionist George Soros controls media exposed by of all people Bill O'Reilly (VIDEO)
  • How Austerity Works To Make The Rich Even Richer! VIDEO
    Here's How to Make a Million Dollars an Hour VIDEO

    How hedge funds make money by taking it from the rest of us—and how you can join them!

    Top hedge fund managers make more than Oprah, Rupert Murdoch, and A-Rod combined—but they aren't running news and entertainment empires or playing baseball for the New York Yankees. Aren't you curious about how these hedge fund dudes make so much doing who knows what? You may even wonder if you can get there, too. After all, this is America!

    This book gives you the answers in a twelve-step guide to accumulating vast riches the way hedge fund managers do—by playing trillion-dollar poker with a marked deck. Through each easy step, you'll learn the sleight of hand and disregard for basic morality you'll need to move from making tens of dollars an hour to millions an hour!

    Along the way, you'll also question whether these hedge fund moguls make markets work better—as they and their apologists insist—or cause instability, siphon off capital, and destroy value without adding so much as a single widget to the economy.

    * Takes a fascinating tour of the wild side of fantasy finance to explain just how hedge fund managers make so much money—and whether or not the million-an-hour crowd produces anything positive for society and the economy

    * Teaches you hedge fund secrets that make it possible to pull down astounding sums in the space of minutes—from rigging your bets to milking millions in special tax breaks—if you're willing to bankrupt your morality for the cash

    * Counters many of the most common arguments about why speculating in financial markets is somehow ""worth more"" than creating entertainment, electronics, or consumer goods that consumers want

    * Written by Les Leopold, the popular AlterNet writer and author of The Looting of America

  • World's 62 richest people have more money than 3.6bn of the poorest on the planet

    Despite ALL efforts by a complicit media to downplay her wealth
    the royal parasite remains the richest by far at £17,600,000,000,000 see HERE

    Oxfam says David Cameron must tackle the widening global poverty gap by keeping his promises to deal with tax havens

    The 62 richest people on the planet are worth more than the combined wealth of half the world’s population.

    And Oxfam says David Cameron must tackle the widening global poverty gap by keeping his promises to deal with tax havens. The charity’s GB chief Mark Goldring, said: “Three years after he made his promise to make tax dodgers ‘wake up and smell the coffee’, it’s time for David Cameron to deliver.” Fortunes of the world’s wealthiest, who could all fit, seated, on a single Routemaster bus, total £1.23trillion that is more than the combined wealth of Earth’s 3.6 billion poorest.

    And the top 10, worth £420billion and all over 60, could ride for free. But it is time the rich stopped getting a free ride from governments, said the charity’s study, aimed at the World Economic Forum of politicians and business leaders in Davos, Switzerland this week. The super-rich got richer by half a trillion dollars last year. But since 2010 the poorest half of the world got poorer by $1trillion (£700billion), a drop of 41%. And an estimated £7.6trillion is stored in offshore accounts to avoid taxes, says Oxfam. It also says nine corporate partners at Davos use tax havens, costing developing nations £70billion a year in lost revenue.

    Mr Goldring added: “World leaders’ concern about the ­escalating inequality crisis has so far not translated into concrete action. In a world where one in nine people go to bed hungry every night, we cannot afford to carry on giving the richest an ever bigger slice of the cake. “Tackling the secrecy of the UK’s network of tax havens would be a big step towards ending extreme inequality.”

    Equality Trust director Duncan Exley added: “Inequality, both globally but also in the UK, is now at staggering levels. We know that such a vast gap between the richest and the rest of us is bad for our economy and society. “We now need our politicians to wake up and address this dangerous concentration of wealth and power.”

  • Oxfam says wealth of richest 1% equal to other 99%
  • 1% Greater than 99% VIDEO

  • Is inequality an unavoidable fact of life? (VIDEO)
  • World's wealth in the hands of a few while billions face destitution(VIDEO)
  • Richest 1% own more than rest of the world (VIDEO)
  • A world where 62 billionaires have more cash than half of the planet's population
  • We’ve been conned by the rich predators of Davos
  • World's 62 richest people have more money than 3.6bn of the poorest on the planet
  • Oxfam says wealth of richest 1% equal to other 99%
  • World's wealth in the hands of a few while billions face destitution VIDEO

  • World's 62 richest people have more money than 3.6bn of the poorest on the planet
  • Oxfam says wealth of richest 1% equal to other 99%
  • Richest 1% own more than rest of the world (VIDEO)
  • $124bn (£78.5bn) wiped off the fortunes of the 400 wealthiest people in the world


    Among the biggest 'Black Monday' losers was Microsoft founder Bill Gates, who lost an estimated $3.2billion (£3bn), according to Bloomberg Billionaires Index.

    Its estimated that a staggering $124bn (£78.5bn) was wiped off the fortunes of the 400 wealthiest people in the world, with 24 billionaires across the globe losing more than $1bn(£630m) in worth on Monday. Also taking a heavy hit were Warren Buffet losing $2bn (£1.3bn) and Mexico’s Carlos Slim whose fortune fell by $1.6bn (£1bn). Alisher Usmanov, a major shareholder of Premier League side Arsenal, saw $338.5m (£214m) cut from his $12.5bn (£7.9bn) stockpile. And Chelsea's Russian owner Roman Abramovich lost $160.2m (£101.4m) of his £11.9bn (£7.5bn) net worth.

    However, billionaires in Asia were hit hardest after the main Chinese stock market tumbled by 8.5 per cent yesterday, to stand at almost half its value since June. The richest people in Asia have lost around a fifth of their wealth in the past three months - $54billion (£34bn) alone since Friday, calculates Blomberg. Asia's richest person Wang Jianlin saw around $3.6billion (£2.3bn) wiped off his worth on Monday, the largest fall in value worldwide.

    But the loss is small change for the billionaire who still has a worth off around $31.2bn (£20bn), according to the index. Mr Gates is also unlikely to have lost much sleep over his losses with an overall value now at $79bn (£50bn).

    London's FTSE 100 lost more than £70billion in value yesterday after the selling-panic spread from China to Europe and also affected stock markets in the US. Losses continued in China's Shanghai Composite Index today, but the panic appeared to have subsided in Britain with the FTSE 100 and 250 back in the green this morning.

  • London has more billionaires than any other city in the world VIDEO
    Panicked super rich buying boltholes with private airstrips to escape if poor rise up
    Hedge fund managers are buying up remote ranches and land in places like New Zealand to flee to in event of wide-spread civil unrest

    Super rich hedge fund managers are buying 'secret boltholes' where they can hideout in the event of civil uprising against growing inequality, it has been claimed. Nervous financiers from across the globe have begun purchasing landing strips, homes and land in areas such as New Zealand so they can flee should people rise up. With growing inequality and riots such as those in London in 2011 and in Ferguson and other parts of the USA last year, many financial leaders fear they could become targets for public fury.

    Robert Johnson, president of the Institute of New Economic Thinking, told people at the World Economic Forum in Davos that many hedge fund managers were already planning their escapes. He said: “I know hedge fund managers all over the world who are buying airstrips and farms in places like New Zealand because they think they need a getaway." Mr Johnson, said the economic situation could soon become intolerable as even in the richest countries inequality was increasing. He said: "People need to know there are possibilities for their children – that they will have the same opportunity as anyone else. "There is a wicked feedback loop. Politicians who get more money tend to use it to get more even money."

    His comments were backed up by Stewart Wallis, executive director of the New Economics Foundation, who when asked about the comments told CNBC Africa: "Getaway cars the airstrips in New Zealand and all that sort of thing, so basically a way to get off. If they can get off, onto another planet, some of them would." He added: "I think the rich are worried and they should be worried. I mean inequality, why does it matter? "Most people have heard the Oxfam statistics that now we’ve got 80, the 80 richest people in the world, having more wealth that the bottom three-point-five billion, and very soon we’ll get a situation where that one percent, one percent of the richest people have more wealth than everybody else, the 99."

  • Richest 1% 'will own half the world's wealth by 2016' VIDEO
    Global inequality approaches shocking levels VIDEO
    Richest 1% to own more than rest of world
    The wealthiest 1% will soon own more than the rest of the world's population, according to a study by charity group Oxfam.

    The charity's research shows that the share of the world's wealth owned by the richest 1% increased from 44% in 2009 to 48% last year. On current trends, Oxfam says it expects the wealthiest 1% to own more than 50% of the world's wealth by 2016. The research coincides with the start of the World Economic Forum in Davos.

    The annual gathering attracts top political and business leaders from around the world, and Oxfam's executive director Winnie Byanyima, who will co-chair the Davos event, said she would use the charity's high-profile role at the gathering to demand urgent action to narrow the gap between rich and poor. In a statement ahead of the gathering, Ms Byanyima said the scale of global inequality was "simply staggering". "It is time our leaders took on the powerful vested interests that stand in the way of a fairer and more prosperous world. "Business as usual for the elite isn't a cost free option - failure to tackle inequality will set the fight against poverty back decades. The poor are hurt twice by rising inequality - they get a smaller share of the economic pie and because extreme inequality hurts growth, there is less pie to be shared around," she added.

    Rich getting richer

    The charity is calling on governments to adopt a seven point plan to tackle inequality, including a clampdown on tax evasion by companies and the move towards a living wage for all workers. Oxfam made headlines at Davos last year with the revelation that the 85 richest people on the planet have the same wealth as the poorest 50% (3.5 billion people). It said that that comparison had now become even more stark, with the 80 richest people having the same wealth as the poorest 50%.

    The charity said the research, published on Monday, showed that 52% of global wealth not owned by the richest 1% is owned by those in the richest 20%. The remaining population accounts for just 5.5% of global wealth and their average wealth was $3,851 (£2,544) per adult in 2014, Oxfam found. That compares to an average wealth of $2.7m per adult for the elite 1%.

    The study comes just a day before US President Barack Obama's State of the Union address, in which he is expected to call for tax increases on the wealthy to help the middle class. In October, a report from banking giant Credit Suisse also said that the richest 1% of people own nearly half of the world's wealth.

  • As poor get poorer Britain's richest get £40BILLION richer in the last 12 months
    As usual the media ignore the richest of them all the royal parasite who at the last count owns one sixth of the world's land mass, or land stolen by her murderous ancestors.

    The fortunes of the richest 100 increased by £40.1billion last year – £1,268 per second – to £297billion

    The stark reality of the gap between the rich and poor is revealed with figures showing billionaires have got even wealthier. The fortunes of the richest 100 increased by £40.1billion last year – £1,268 per second – to £297billion. But there has also been a rise in families living below the breadline.

    Equality Trust’s report shows the country’s 1,000 richest people are worth £519billion. The combined fortune of the poorest 40% of households is £452billion. And the richest 10 people saw their incomes rise by £3.1billion to £96.6billion.

    The findings come as politicians join the World Economic Forum in Davos, Switzerland, this week. Duncan Exley, of the Equality Trust, said: “Of all those attending Davos this week, those arriving from Britain should be some of the most worried about inequality. “The UK is now one of the developed world’s most unequal countries, a fact that should embarrass and shame us.”

    A separate a study for the Joseph Rowntree Foundation found at least 8.1 million families live on less than needed to cover a minimum household budget, calculated at £40,400 a year for a couple with two children. Meanwhile, Oxfam analysis showed the £84trillion wealth of the world’s richest 1% equals that of half the globe’s entire population.

  • Queen Elizabeth II the largest landowner on Earth, The value of her land holding alone is £17,600,000,000,000 (Stolen by her despotic forefathers and using freemason judges today to steal mens land and properties in family courts right across the globe)
  • The gap between the very richest and the rest of us VIDEO
    How do the super-rich keep getting richer? VIDEO

    Rich coming from the mass media that for decades propped these bastards up
    Richest 1% now own half of world’s wealth

    The world has bounced back from the credit crunch, with global wealth having risen by 20% since 2008 (and 40% since the worst months of the global crisis) – but only a very small rich minority are reaping the benefits, according to Credit Suisse.

    The total amount of global wealth has doubled since the year 2000, reaching £163 trillion in 2014 – but the bottom half of the world’s population own less than 1% of it. In other words, it’s probably time to ask your boss for a pay rise – perhaps while at the head of an angry mob waving improvised weapons.

    The top 1% – and if you’re worth £496,000 or more, including your home, you’re one of these sneering plutocrats – own 48.2% of the world’s wealth. Before you head out to the street with a petrol bomb in hand, you should be aware that the good times are set to go on – with global wealth expected to rise even faster in the next five years. In America and Europe, things are going to get better, as D:Ream unforgettably put it – with America expected to remain the undisputed leader in global wealth, despite gains by China. World wealth will rise a further 40% in the next five years, Credit Suisse predicts.

    In the UK in particular, the rich will keep on getting richer – we’re the only one of the ‘big seven’ economies to have shown an increase in inequality since 2000. ‘The UK recorded rising inequality over the entire period 2000–2014,’ said Credit Suisse.

    Feel like punching a banker? Step back, take a deep breath – THEN punch them. That way your aim will be better, and they’ll be off-guard.

    The top 10% of people in the world own 87% of the world’s wealth.

    To be in this elite group, you have to have more than £50,000 in assets (homes, savings etc). To be in the top 1%, you have to own £500,000 – so London homeowners may find that they have stumbled into the world’s sinister power elite by accident. There are going to be a lot more millionaires by 2019

    The number of millionaires worldwide is to increase by about 53% in the next five years,reaching 53.2 million in 2019. In terms of average wealth, the Swiss are the richest people in the world – worth an eye-popping £361,000 each.

  • America has HALF of the world's dollar millionaires - but wealth inequality in the U.S. is at it's highest level since the Great Depression
  • How America has the world's greatest number of dollar millionaires: As the rest of the world survives on an average of just $3,641
  • Planet's Riches: 50% of world wealth owned by the 1% VIDEO

  • While America's peasants line the streets the rich are building $100,000,000 penthouses to oversee the impoverished
  • America's rich map revealed

    So why are so many of America's peasants living on the streets?

    Live in Illinois and wondering who's got the most cash in your state? Try billionaire Ken Griffin. In California? Then Larry Ellison's your man. The real estate blog Movoto has collected wealth data from Forbes and Celebrity Net Worth to make a map highlighting the richest person in each U.S. state. The map can be read by looking for darker shades of blue for those at the richest end of the spectrum, and darker shades of red representing the lower end.

    According to that data, the wealthiest tend to fall into three categories: Entrepreneurs, Heirs, and Widows. About half of those on the list are founders of their own companies. Bill Gates tops the list for richest man in Washington, along with the country and the world since the Microsoft founder's company netted him a whopping $76 billion net worth.

    Gate's inclusion highlights that academics may not always be as important as people think, as the computer innovator is a college dropout. Delaware's Robert Gore earned a Ph. D., but is second to last on the list for net worth. Rounding out the top five are Oracle of Omaha Warren Buffet at $65.1 billion, brothers Charles Koch and David Koch at $52 billion each in Kansas and New York, and Larry Ellison in California at $44.9 billion.

    The least richest person on the map is Robert Gillam, who's Alaska-based institutional investment firm barely squeaks him onto the list with a paltry $700 million. The Walton family dominated the list in three states, with Wal-Mart heirs Jim Walton topping Arkansas with $35.7 billion, Alice Walton taking Texas with $35.3 billion, and Christy Walton leading Wyoming at $37.9 billion.

  • The rich get richer: 400 wealthiest Americans now worth £2,300,000,000,000
  • Map identifies the wealthiest women in America and they're worth $200,000,000,000 combined (Massive disparity and vast inequality in the land of the FREE!!!!!!!!)
  • Austerity for the peasants while the 'Rich List' counts more than 100 British billionaires
    Disgusting while the peasants live on food banks and with NO mention of the royal parasite who owns more than ALL of them put together, at the LAST count one sixth of the world's land mass. The tory scum and filth have created vast inequality ensuring the bulk of wealth is in the hands of the very few and come election who will be funding the tory mafia??????

    The number of billionaires living in the UK has risen to more than 100 for the first time, according to the 2014 Sunday Times Rich List.

    There are now 104 billionaires based in the UK with a combined wealth of more than £301bn, the list says.

    That means the UK has more billionaires per head of population than any other country.

    London has more billionaires than any other city in the world with 72 - far ahead of nearest rival Moscow with 48.

    The Indian-born brothers Sri and Gopie Hinduja - who run the conglomerate Hinduja Group - top the list with a fortune of £11.9bn.

    Alisher Usmanov Alisher Usmanov is no longer the richest man in the UK Arsenal shareholder and Russian business magnate Alisher Usmanov fell to second after his estimated fortune dropped to £10.65bn. The Duke of Westminster is the richest Briton with around £8.5bn, leaving him 10th.(A MASSIVE LIE)

    Rising fortunes

    The number of billionaires living in the UK has jumped from 88 in 2013, according to the Sunday Times.

    Their combined wealth has also reportedly shot up from £245bn last year. It is the first time since 2008 that the minimum wealth of the 50 richest people in the UK has exceeded £1.5bn. A fortune of £1.7bn is now required to make the top 50 - up from £700m 10 years ago.

    New members of the list include West End producer Sir Cameron Mackintosh, who is now worth £1bn, and Jon Hunt, the founder of estate agents Foxtons who is worth £1.07bn. Rich List author Philip Beresford explains why the super rich love London

    The wealthiest new entry is Carrie and Francois Perenco and their family, who own the London-based Perenco oil and gas operation and are worth an estimated £6.14bn. Other notable figures on the list include Chelsea Football Club owner Roman Abramovich (£8.52bn), Sports Direct owner Mike Ashley (£3.75bn) and Virgin Group founder Sir Richard Branson (£3.6bn).

    The full Sunday Times Rich List is published on 18 May.

    Top 25

    Sri and Gopi Hinduja, £11.9bn, up £1.3bn
    Alisher Usmanov, £10.65bn, down £2.65bn
    Lakshmi Mittal and family, £10.25bn, up £250m
    Len Blavatnik, £10bn, down £1bn
    Ernesto and Kirsty Bertarelli, £9.75bn, up £2.35bn
    John Fredriksen and family, £9.25bn, up £450m
    David and Simon Reuben, £9bn, up £719m
    Kirsten and Jorn Rausing, £8.8bn, up £3.69bn
    Roman Abramovich, £8.52bn, down £780m
    The Duke of Westminster, £8.5bn, up £700m
    Galen, Hilary and George Weston and family, £7.3bn, up £650m
    Charlene de Carvalho-Heineken and Michel de Carvalho, £6.36bn, down £635m
    Mohamed Bin Issa Al Jaber and family, £6.16bn, up £1.65bn
    Carrie and Francois Perrodo and family, £6.14bn, new
    German Khan, £6.08bn, new
    Sir David and Sir Frederick Barclay, £6bn, up £3.65bn
    Hans Rausing and family £5.9bn, up £1.18bn
    Nicky Oppenheimer and family, £4.57bn, up £785m
    Earl Cadogan and family, £4.2bn, up £525m
    Joseph Lau and family, £4.03bn, down £570m
    Sir Philip and Lady Green £3.88bn, no change
    Denis O'Brien, £3.85bn, up £486m
    Mike Ashley, £3.75bn, up £1.45bn
    Sir Richard Branson and family, £3.6bn, up £86m
    Idan Ofer, £3.43bn, new

  • Queen Elizabeth II the largest landowner on Earth, The value of her land holding alone is £17,600,000,000,000
  • Pseudo austerity has starved the peasants to feed the billionaires pulling ALL the strings
  • Just five super-wealthy families own more than the poorest 12 MILLION Britons put together
  • £13,000,000,000,000 trillion: The hoard hidden by global elite
  • How The Super Rich Avoid Paying Taxes
  • Feminist leaning Guardian think its great women make up 10% of super-rich billionaires list
  • No austerity for World's super-wealthy who spend their riches on luxury travel adventures
  • So much for austerity propaganda as Billionaires' club welcomes 210 new members
  • No effort on their part just 'BORN RICH'
  • Meet the billionaires behind government agendas VIDEO
    Top Billionaires Meet In NYC To Discuss Population Control
    Bill Gates and Warren Buffett

    So what’s the biggest time-bomb for Obama, America, capitalism, the world? No, not global warming. Not poverty. Not even peak oil. What is the absolute biggest, one like the trigger mechanism on a nuclear bomb, one that’ll throw a wrench in global economic growth, ending capitalism, even destroying modern civilization?

    The one that — if not solved soon — renders all efforts to solve all the other problems in the world, irrelevant, futile and virtually impossible?

    News flash: the “Billionaires Club” knows: Bill Gates called billionaire philanthropists to a super-secret meeting in Manhattan last May. Included: Buffett, Rockefeller, Soros, Bloomberg, Turner, Oprah and others meeting at the “home of Sir Paul Nurse, a British Nobel prize biochemist and president of the private Rockefeller University, in Manhattan,” reports John Harlow in the London TimesOnline. During an afternoon session each was “given 15 minutes to present their favorite cause. Over dinner they discussed how they might settle on an ‘umbrella cause’ that could harness their interests.”

    The world’s biggest time-bomb? Overpopulation, say the billionaires.

    And yet, global governments with their $50 trillion GDP, aren’t even trying to solve the world’s overpopulation problem. G-20 leaders ignore it. So by 2050 the Earth’s population will explode by almost 50%, from 6.6 billion today to 9.3 billion says the United Nations.

    And what about those billionaires and their billions? Can they stop the trend? Sadly no. Only a major crisis, a global catastrophe, a collapse beyond anything prior in world history will do it. Here’s why:
    Civilizations collapse fast, crises trigger, leaders clueless

    “One of the disturbing facts of history is that so many civilizations collapse,” warns Jared Diamond, an environmental biologist, Pulitzer prize winner and author of “Collapse: How Societies Choose to Fail or Succeed.” Many “civilizations share a sharp curve of decline. Indeed, a society’s demise may begin only a decade or two after it reaches its peak population, wealth and power.”

    Other voices are darker, shrill: “We’re past the point of no return.” “It’s already too late.” “The end is near.” As with Rome’s collapse, it happens fast. Clueless leaders are caught off-guard, like Greenspan, Bernanke and Paulson a couple years ago.

    Call it “WWIII: The Population Wars.” A few years ago Fortune analyzed a classified Pentagon report predicting that “climate could change radically and fast. That would be the mother of all national security issues” Population unrest would then create “massive droughts, turning farmland into dust bowls and forests to ashes.” And “by 2020 there is little doubt that something drastic is happening … an old pattern could emerge; warfare defining human life.” War will be the end-game: For capitalism, civilization, earth?

    Diamond’s 12-part equation is very simple, fits perfectly with a global warfare scenario: “More people require more food, space, water, energy, and other resources … There is a long built-in momentum to human population growth called the ‘demographic bulge’ with a disproportionate number of children and young reproductive-age people.” And if the “bulge” stops for any reason, game over. Economic “growth” ends, killing capitalism.

    So look closely: Diamond’s equation has 12 time-bombs. But note, the first two are the biggest triggers in the formula. The other 10 are derivative variables.

    1. Overpopulation Multiplier

    According to TimesOnline: A few months before the billionaires meeting Gates noted: “Official [U.N.] projections say the world’s population will peak at 9.3 billion [up from 6.6 billion today] but with charitable initiatives, such as better reproductive health care, we think we can cap that at 8.3 billion.” Still, that’s 23% more than today’s 6.6 billion.

    Can it be stopped? In a recent special issue of Scientific American, population was called “the most overlooked and essential strategy for achieving long-term balance with the environment.” Why? Population’s the new “third-rail” for politicians. So they ignore it.

    Yet, if all nations consumed resources at the same rate as America, we’d need six Earths to survive. Unfortunately that scenario is unstoppable. Because by 2050, while America’s population grows from 300 million to a mere 400 million, the rest of the world will explode from 6.3 billion to 8.9 billion, with over 1.4 billion each in China and India.

    2. Population Impact Multiplier

    Diamond warns: “There are ‘optimists’ who argue that the world could support double its human population.” But he adds, they “consider only the increase in human numbers and not average increase in per-capita impact. But I have not heard anyone who seriously argues that the world could support 12 times it’s current impact.” And yet, that’s exactly what happens with “all third-world inhabitants adopting first-world standards.”

    Folks, we oversold the American dream. Now everyone wants it. Not just 300 million Americans, but 6.3 billion people worldwide are demanding more, more, more!

    “What really counts,” says Diamond, “is not the number of people alone, but their impact on the environment,” the “per-capita impact.” First-world citizens “consume 32 times more resources such as fossil fuels, and put out 32 times more waste, than do the inhabitants of the Third World.” So the race is on: “Low impact people are becoming high-impact people” aspiring “to first-world living standards.” The American dream is now the global dream.

    Warning: The “Impact Multiplier” will drive the global “WWIII-Population Wars” equation even if there is zero population growth to 2050!

    In Diamond’s masterpiece, “Collapse,” the two key variables are what we call the “Over-Population Multiplier” and “Population Impact Multiplier.” Now let’s closely examine Diamond’s other 10 variables that are driving our “WWIII-Population Wars” equation:

    3. Food

    Two billion people, mostly poor, depend on fish and other wild foods for protein. They “have collapsed or are in steep decline” forcing use of more costly animal proteins. The U.N. calls the global food crisis a “silent tsunami.” Food prices rise making it worse for the 2.7 billion living below poverty levels on two dollars a day.

    In “The End of Plenty,” National Geographic warns that even a new “green revolution” of “synthetic fertilizers, pesticides, and irrigation, supercharged by genetically engineered seeds” may fail. Why? A joint World Bank/U.N. study “concluded that the immense production increases brought about by science and technology the past 30 years have failed to improve food access for many of the world’s poor.”

    Meanwhile, a Time cover story warns that America’s “addiction to meat” has led to farming that’s “destructive of the soil, the environment and us.”

    4. Water

    Diamond warns: “Most of the world’s fresh water in rivers and lakes is already being used for irrigation, domestic and industrial water,” transportation, fisheries and recreation. Water problems destroyed many earlier civilizations: “Today over a million people lack access to reliable safe drinking water.” British International Development Minister recently warned that two-thirds of the world will live in water-stressed countries by 2015.

    Water will trade like oil futures as wars are fought over water and other basic essentials noted earlier in Fortune’s analysis of the Pentagon report predicting that warfare will define human life in this scenario of the near future.

    5. Farmland

    Crop soils are “being carried away by water and wind erosion at rates between 10 to 40 times the rates of soil formation,” much higher in forests where the soil-erosion rate is “between 500 and 10,000 times” replacement rate. And this is increasing in today’s new age of the 100,000-acre megafires.

    6. Forests

    We are destroying natural habitats and rain forests at an accelerating rate. Half the world’s original forests have been converted to urban developments. A quarter of what remains will be converted in the next 50 years.

    7. Toxic chemicals

    Often our solutions create more problems than they solve. For example, industries “manufacture or release into the air, soil, oceans, lakes, and rivers many toxic chemicals” that break down slowly or not at all. Consider the deadly impact of insecticides, pesticides, herbicides, detergents, plastics … the list is endless.

    8. Energy resources: oil, natural gas and coal

    Pimco manages $747 billion: equity, bonds and commodity funds. Manager Bill Gross recently described a “significant break” in the world’s “growth pattern.” He’s betting we’re past the “peak oil” tipping point. Consumer shopping will continue declining as economies grow very slowly in the future and “corporate profits will be static.”

    A recent issue of Foreign Policy Journal warns of the “7 Myths About Alternative Energy.” Are biofuels, solar and nuclear the “major ticket?” No, they’re not, never will be.

    9. Solar energy

    Sunlight is not unlimited. Diamond: We’re already using “half of the Earth’s photosynthetic capacity” and we will reach the max by mid-century. In “Plundering the Amazon,” Bloomberg Markets magazine warned that Alcoa, Cargill and other companies “have bypassed laws designed to prevent destruction of the world’s largest rain forest … robbing the earth of its best shield against global warming.”

    Free market capitalism may be the enemy of survival.

    10. Ozone layer

    “Human activities produce gases that escape into the atmosphere” where they can destroy the protective ozone or absorb and reduce solar energy.

    11. Diversity

    “A significant fraction of wild species, populations and genetic diversity has been lost, and at present rates, a large percent of the rest will disappear in half century.”

    12. Alien species

    Transferring species to lands where they’re not native can have unintended and catastrophic effects, “preying on, parasitizing, infecting or outcompeting” native animals and plants that lack evolutionary resistance.

    In spite of the clear message in Diamond’s 12 time-bombs, he still says he’s a “cautious optimist.” What fuels his hope? Our leaders need “the courage to practice long-term thinking, and to make bold, courageous, anticipatory decisions at a time when problems have become perceptible but before they reach crisis proportions.”

    Unfortunately, history tells us that cautious leaders are myopic, driven more by self-interest and nationalism than courage and long-term thinking. Eventually they’re caught off guard and their worlds collapse, fast. They only respond to crises.

    And, yes, out of crisis may come opportunity. As Nobel economist Milton Friedman put it in his classic, “Capitalism and Freedom:” “Only a crisis — actual or perceived — produces real change” because in the aftermath of crisis “the politically impossible becomes politically inevitable.” Too many, however, delay and respond to crises with too little, too late.

    Bottom line: The betting odds are 100% that global leaders will wait for a Pentagon-style “black swan” crisis before acting. Unfortunately, that delay positions the “WWIII: The Population Wars” dead ahead.

  • Just five super-wealthy families own more than the poorest 12 MILLION Britons put together
    uk rich bastards
    Mike Ashley, Earl Cadogan, Duke of Westminster,David Reuben and Simon Reuben

    Even the ultra right wing Daily Rat is forced to admit the obvious

    Five super-rich families in Britain own more money than the poorest 12 million people in the country combined, according to new research.

    The research confirms the gap between rich and poor has gotten so wide that even when combined together the bottom fifth of the population cannot match the wealth of the richest in the country. The new figures published by Oxfam reveal that you can count on one hand the households with more wealth than the most deprived 12.6 million Britons, which is nearly the same number as those living below the poverty line. The top five richest are the Duke of Westminster who is worth £7.83 billion, businessmen brothers David and Simon Reuben worth £6.93bn, the Hinduja brothers worth £6.03bn, Earl Cadogan is worth £4.16bn and Newcastle United owner Mike Ashley worth £3.31bn.

    These families have a combined wealth of £28.2 billion and the poorest fifth of the UK population only account for £28.1 billion. Over the past 20 years the wealthiest 0.1 percent have seen their income expand almost four times faster than 90 per cent of the least well off. A wealthy elite has seen their income grow by at least £24,000 a year, enough to buy a small yacht or a sports car, while the poorest nine in ten's income has only gone up by just a few pounds a week, with the average UK salary holding at £26,500 a year.

    Oxfam's director of campaigns and policy Ben Phillips said: 'Britain is becoming a deeply divided nation, with a wealthy elite who are seeing their incomes spiral up, whilst millions of families are struggling to make ends meet. 'It is deeply worrying these extreme levels of wealth inequality exist in Britain today, where just a handful of people have more money than millions struggling to survive on the breadline.' Growing numbers are turning to charity run foodbanks at a time when the highest earners have had the biggest tax cuts of any country in the world.

    To tackle this the charity urged Chancellor George Osborne to target those who can pay, by clamping down on companies and individuals who avoid paying their share of tax. They also implored that he set out a long term strategy to raise the minimum wage to a living wage, so that many on the poverty line struggling to live can survive. However, a further £12 billion in welfare cuts has still to be implemented, while political pressure constantly mounts to offer increased tax cuts for the more well off at the next election. Mr Phillips said: 'Increasing inequality is a sign of economic failure rather than success.

    'It is far from inevitable - a result of political choices that can be reversed. It is time for our leaders to stand up and be counted on this issue..' The pattern of a rapidly increasing wealth gap between rich and poor is not limited to the UK, and can be seen in most countries across the globe. An Oxfam report published ahead of this year's World Economic Forum in Davos, Working For the Few, revealed the richest 85 people on the planet own the same amount between them as half the world's population - 3.5 billion people.

    It warned extreme inequality is creating a vicious circle where wealth concentrated in the hands of a few is used to buy political influence which is used to rig the rules in favour of a small elite and perpetuate inequality. It said extreme inequality like this is to the detriment of social mobility and is also increasingly understood to undermine both the pace and sustainability of economic growth. Mr Phillips said: 'While many rich people use a portion of their wealth to support individual good causes, this should not be used as an excuse for governments failing to tackle the problem of growing inequality.'

  • Pseudo austerity has starved the peasants to feed the billionaires pulling ALL the strings
    Only Harmsworth's Daily Rat could see this as something positive that the peasants have been starved under austerity to enrich the billionaire buddies he sells the austerity lie for and on behalf of.

    Billionaire Britain: There have never been more of them in booming UK - but who are the nation's richest 50... and how DID they make so much cash?

    They have expectations and a lifestyle beyond imagination - and they are changing the face of Britain. According to an authoritative new survey by the Hurun Global Rich List, Britain now has an astonishing 56 sterling billionaires. London already boasts more than 30. And last night it emerged that French luxury goods tycoon Francois-Henri Pinault and his wife, Hollywood star Salma Hayek, are moving to Kensington. Around half of Britain’s super-rich have come from abroad, attracted to the lifestyle, private schools and the rule of law. There is also less scrutiny of tax and general business affairs than in some jurisdictions. New millionaires include Farhad Moshiri, an Iranian-British businessman who owns 15 per cent of Arsenal Football Club, and Indonesian entrepreneur Prakash Lohia, who made his fortunes from petrochemicals and textiles. Known as The Maharajah of Mayfair, he spent an estimated £50 million restoring his London house.

    They appear alongside established names such as retail tycoon Philip Green and property magnates Earl Cadogan and the Duke of Westminster. And rich list regular Richard Branson has increased his personal wealth by 32 per cent in a year. Here, then, are Britain’s top 50 billionaires in order - along with their taste in planes, yachts, art and property, with the odd charitable donation along the way.

  • The Fabulous Life Of Filthy Rich Billionaires VIDEO
    Many of the world's largest economies may be weathering the toughest recessionary storms in living memory, but for those at the top there has rarely been an easier time to join the billionaires' club.

    Some 210 multi-millionaires were propelled into the premier league of extreme wealth in the last 12 months as they achieved 10-figure fortunes and the world now plays host to a record 1,426 dollar billionaires, according to Forbes magazine's study. This super-rich set together sit on wealth estimated at $5.4tn (£3.6tn) – equal to more than a third of the annual output of the US, the world's largest economy. Last year the billionaires' club held a combined wealth of $4.6tn. At the top of the billionaire tree, once again, is the Mexican telecoms magnate Carlos Slim, with an estimated worth of $73bn, followed by the Microsoft founder Bill Gates, who has a fortune of $67bn. The success of the company behind Zara, the world's biggest rag-trade operation, saw the retired Spanish entrepreneur Amancio Ortega – who still owns 60% of the business – climb into third place in the rankings. His fortune is put at $57bn.

    Despite Spain being locked in one of Europe's most crippling recessions, with 55% youth unemployment, Ortega was estimated to have seen the biggest rise in wealth of any billionaire, adding $19.5bn to his pot. As a result, he has leapfrogged Warren Buffett, the investment tycoon known as the Sage of Omaha, who last month swallowed up the Heinz food empire for $28bn. Buffett's wealth is put at $55.5bn. It is the first time in 13 years that he has not featured in Forbes' top three. Despite this slip, the rankings at the very top echelons of the billionaires' club remained remarkably static, dominated by wise heads that have weathered many recessions in the past. Of Forbes' top 10, eight are aged 70 or older. Trade union leaders, economists and anti-poverty campaigners said the swelling fortunes of the fast-expanding billlionaire set signalled that levels of wealth inequality were fast approaching crisis levels.

    The TUC general secretary, Frances O'Grady, said: "These latest findings from Forbes make for very disturbing reading. Trickle-down economists may love having a growing super-elite, but seem to forget the fact that rising pay inequality was a major cause of the financial crash. "Faced with flat wages, many people borrowed to maintain their living standards whilst the very wealthy put their cash into ever more risky investments to squeeze out returns. Unless wealth is spread more broadly, we will be unable to build a sustainable recovery, as consumer spending will continue to flat-line." Other senior figures to raise concerns over spiralling inequality include Angel Gurría, OECD secretary general, who said "widening disparities weaken the structures that hold our society together", while Christine Lagarde, head of the International Monetary Fund, recently warned business leaders in Davos that "the economics profession and the policy community have downplayed inequality for too long."

    Among the young turks to join the billionaires club in recent years are the Facebook founder Mark Zuckerberg, 28, and his former collaborators Eduardo Saverin, 30, and Dustin Moskovitz, 28. Despite a fortune estimated at $3.8bn, Moskovitz is said to bike to work, shun business class flights and, according to Forbes, "pitches his own tent at [Nevada desert counter-culture festival] Burning Man". The Twitter co-founder and punk music fan Jack Dorsey also scrapes on to the list, with a fortune put at $1.1bn. Women were well represented among newcomers to the Forbes list, though they still only account for 138 of the world's billionaires, albeit up from 104 last year. The world's richest woman is the 90-year-old French cosmetics heiress Liliane Bettencourt, who is the ninth-richest person internationally. Her L'Oréal empire is best known for its "because I'm worth it" television advertising slogan. The US is home to 442 billionaires, according to Forbes, with 366 in Europe, 129 elsewhere in the Americas and 103 in the Middle East and Africa.

    Despite turbulent times for many of the largest economies in the world, 210 new billionaires were minted in the last 12 months – three times the number of individuals who fell off the list. This concentration of wealth took place despite a strengthening in the dollar against many major currencies. Credit Suisse, a Swiss bank that specialises in catering to super-rich clients, estimated last autumn that the world's richest 1% – that is, those with wealth of $710,000 and greater – control 46% of global assets. In its annual Global Wealth report, the bank estimated that the number of individuals with fortunes in excess of $50m around the world had reached 84,500. "Notwithstanding the credit crisis and the more recent setbacks, the past decade has been especially conducive to the establishment of large fortunes," Credit Suisse concludes. The tax campaigner James Henry, a former economist with the global consultancy firm McKinsey, has estimated that between $21tn and $32tn of the world's wealth had been stashed, tax-free, in offshore investments – with about half of this sum controlled by the world's richest 91,000 people. "Almost all of it has managed to avoid all income and estate taxes, either by the countries where it has been invested and or where it comes from," his study found.

    The highest-ranking British billionaire on Forbes' list is the Duke of Westminster, Gerald Grosvenor. His Grosvenor Group owns large tracts of land in Mayfair and Belgravia and can trace its roots back to 1677, is worth $11.4bn. Fourth on the UK rankings was his fellow land-owning aristocrat Lord Cadogan, whose Cadogan Estates includes a lot of real estate in Chelsea. Foreign billionaires who have made London their home and who feature in many UK rich lists were not classed as British by Forbes. Those not qualifying as British billionaires included the steel magnate Lakshmi Mittal, the Russian mining and investment tycoon Alisher Usmanov and the Chelsea football club owner Roman Abramovich.

  • Austerity so why are one million more people joining the ranks of the global super-rich?
  • Billionaire Bunkers: Beyond the Panic Room, Home Security Goes Sci-Fi

    carlos slim helu

    bill gates

    bernard arnault

    warren buffett

    amancio ortega

    larry ellison

    eike batista

    stefan persson

    Li Ka-shing

    Karl Albrecht

    Christy Walton

    charles koch

    david koch

    sheldon adelson

    liliane bettencourt

    jim walton

    alice walton

    s robert walton

    mukesh ambani

    michael bloomberg

    lakshmi mittal

    george soros

    michele ferrero

    sergey brin

    larry page

    jeff bezos

    Thomas & Raymond Kwok

    alisher usmanov

    prince alwaleed bin talal alsaud

    lee shau kee

    david thomson

    carl icahn

    carl icahn

    theo albrecht


    jorge paulo lemann

    iris fontbona

    forrest mars jr

    jacqueline mars

    georgina rinehart

    german larrea mota velasco

    mikhail fridman

    aliko dangote

    len blavatnik

    cheng yu-tung

    joseph safra

    rinat akhmetov

    leonid mikhelson


    rupert murdoch

  • There are more dollar billionaires than ever before
  • Austerity? not for the multi-millionaires in America who own $11,400,000,000,000 ($11.4 trillion)