Friday , 25 September 2020


Tag Archives: billionaires

8 Enormous Fortunes and How Their Billions Were Lost

For most people, building a fortune is an elusive task but, once they have a fortune, many people find that they have a hard time hanging onto it. Below we discuss the 8 biggest fortunes ever lost. The reasons are diverse but, usually, it’s the same forces that built those fortunes in the first place. Economics is a fickle beast. Wealth is a fickle thing. It isn’t as tangible as people like to think.

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America’s Most Generous Billionaires

Contrary to the image we may have of billionaires, many are on a mission to give away their money. This infographic looks at the American billionaires who have signed up to the Giving Pledge, as well as other millionaires and billionaires who have been making relatively large contributions in the past few years.

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America: The 42nd Most Unequal Country in the World!

Remember the song by The Barenaked Ladies called "If I Had a Million Dollars"? Well, if you were one of the many ultra-wealthy around the world who were worth billions (see list) and earns billions of dollars each year, year after year, where could you possibly spend such riches? Well, frankly, even being very extravagant, it actually is surprisingly difficult to spend that much money - and there's the rub. While this article, on one hand, outlines where and how a billionaire could make a small dent in his fortune (the uplifting part) it outlines, on the other hand, just how concentrated wealth is in the U.S. these days and the adverse effect such a concentration is having on our society. Words: 2156

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