The geopolitics of Billionaires

Forbes released its annual Billionaires who’s who, and it’s as usual a fascinating look into the long term economic trends of this planet.

Russia moved in third place ahead of Germany, India surpassed Japan (time to update a few preconceived notions) and Spain added 10 new billionaires in what Forbes calls “the richest year ever in human history” (in monetary terms maybe, for the rest I am not sure).

Forbes: Billionaires are richer; Russia, India on rise

The world’s richest are getting younger and richer with more Russians and Indians cropping up among the 946 people on Forbes magazine’s 2007 billionaires list unveiled Thursday.

The number of billionaires is 19 percent higher than last year when there were 793, and their total net worth grew 35 percent to $3.5 trillion, the magazine said.

The average billionaire’s age fell by two years to 62, and 60 percent started with very little. Two-thirds of those on the list were richer, with net worth up for nearly everyone in the top 50.

2 Responses to “The geopolitics of Billionaires”

  1. victoria visser Says:

    I can’t help but wonder when a critical mass of people will seriously start thinking about how to peacefully eradicate the extremes of wealth and poverty on earth.

  2. victoria visser Says:

    I can’t help but wonder when a critical mass of people will seriously start thinking about how to peacefully eradicate the extremes of wealth and poverty on earth.

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