The long-time bull on U.S. companies and the economy issued his latest letter to Berkshire Hathaway Inc shareholders on Saturday... READ MORE›
Crypto technology is coming to a crossroads. Plenty want to use it to radically redistribute wealth but plenty dont, says writer Josh Hall... READ MORE›
Lower income families are placed at one end, wealthier families are at the other... READ MORE›
SAN FRANCISCO -- The creators of the famous Forbes rich list have made their first attempt to identify the wealthiest people in the virtual- currency industry... READ MORE›
The richest man in the country also earns enough interest on his wealth in one year to lift two million people out of extreme poverty... READ MORE›
Income inequality is so now lopsided that eight men now own the same amount of wealth as the poorest half of the world... READ MORE›
Jeremy Corbyn Empty homes owned by rich should be 'requisitioned' for Grenfell Tower residents... READ MORE›
Life expectancy trends also affect the long-term finances of entitlement programs such as Social Security... READ MORE›
Amazon share rally adds billions to Bezos' fortunes... READ MORE›
Buffett says if retailers like the Berkshire Hathaway-owned Nebraska Furniture Mart has to pay more taxes on imports, that will increase the price consumers pay... READ MORE›
Oxfam estimates that between March 2013 and March 2014, those same 85 billionaires saw their wealth grow by 668 million every day... READ MORE›
Warren Buffett is once again the second-richest person on the planet, and he has President-Elect Donald Trump to thank... READ MORE›
A plethora of studies conclude that America's political system has already been transformed from a democracy into an oligarchy the rule of a wealthy elite ... READ MORE›
Hui Ka Yan, founder of China Evergrande Group, a property developer, saw his personal bank accounts swell by 25.9 billion, a 350 percent jump from last year... READ MORE›
Wealthiest 1 percent of the world's population now owns more than half of the world's wealth, according a Credit Suisse report... READ MORE›
Their combined net worth on the Bloomberg Billionaires Index rose 0.8 percent from Friday to 4.4 trillion at the close of trading in New York... READ MORE›
In fact the wealth of the top 400 richest Americans totaled an astounding 2.29 trillion last year which is 270 billion higher than the year before... READ MORE›
He said the government is watching the issue of wealth inequality closely... READ MORE›
He joins a growing number of the world's super-rich who are giving away their wealth, including Facebook founder Mark Zuckerberg... READ MORE›
Each year we are misled by Oxfam's wealth statistics... READ MORE›
At a food bank in one of Germanys wealthiest areas, growing poverty sparks anger ahead of upcoming elections... READ MORE›
Lefty billionaires who opposed Donald Trump's presidential bid have lately scored some sweet consolation prizes... READ MORE›
According to Forbes, Jeff Bezos, the founder of Amazon with an estimated fortune of 98bn, has recently overtaken Bill Gates to become the world's richest man... READ MORE›
Trump has said he would not release his returns until the Internal Revenue Service has completed an audit... READ MORE›
Rio de Janeiro in Brazil, one of several South American countries where falling income inequality is lifting millions out of poverty... READ MORE›
That means he's topped billionaires Amancio Ortega and Warren Buffett, trailing only the 80 billion fortune of Microsoft co-founder Bill Gates, according to Bloomberg... READ MORE›
Overall, heirs who gain power through family philanthropy seldom seem inclined to use it to reinforce upper-class dominance... READ MORE›
Warren Buffett purchases 700 million shares of Bank of America stock... READ MORE›
Both Venezuela and Cuba have suffered under leaders who enriched themselves and their families... READ MORE›
Warren Buffett watchers know that the reinsurance business has been an important ingredient in his winning formula... READ MORE›
Credit Suisse report says that wealth inequality has increased since 2008 Helena Williams Helena Williams is a freelance writer and producer... READ MORE›
A bidder pledged 2.68 million to a San Francisco charity in exchange for a lunch date with billionaire investor Warren Buffett... READ MORE›
When the bubble burst The roots of Japan's record on wealth distribution lie in national humiliation... READ MORE›
In the extreme, these misperceptions could even lead to people thinking that inequality has decreased because their social circle has become more homogenous than before... READ MORE›
This attempt by wealthy individuals to sow mass confusion about what tax avoidance is must not go unchecked... READ MORE›
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