The richest 1% of the world currently control 48% of the world's wealth.
The top 80 wealthiest people in the world control approximately $1.9 trillion, which just so happens to be the amount controlled by 3.5 billion people on the other end of the spectrum.
Can you believe that? There are 80 people in this world that collectively share the same amount of money as 3.5 billion people!
Many individuals who did not have wealth were disgusted by the richest 1% who "are writing the rules of an unfair global economy that is foreclosing our future."
Global inequality continues to be a hot-button issue with many of us as we realize that we're in the bottom 99%. In fact, the Occupy Movement originated in 2011 for this very reason.
While many of us would like to believe that each one of these 80 wealthiest people inherited their wealth, in actuality only 11 did.
Is this true? Are we victims? Or are we all just too chicken to create wealth on our own, and therefore demand a handout from those that earned it with their blood, sweat, and tears?
Today, he is worth $72.3 billion (with a "b"). Nobody gave him this money. He earned it because he has always taken actions like the rich would and avoided the actions of the poor.
The other 69 have built their immense wealth from very little. Look at Warren Buffett, for example. He grew up as a middle class child, but got addicted to the world of business and investing at a very young age.
Since he has so much wealth, should he be required to give his money to the rest of us just because we haven't become as successful? I don't think so.
Instead, we should all be studying the things the rich do and should be actively doing them ourselves!
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