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Investments > Investing Science > Re: Forbes rank...
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Re: Forbes ranks Asia's booming billionaires

by Greg Goss <gossg@[EMAIL PROTECTED] > Mar 6, 2008 at 06:29 PM

royls@[EMAIL PROTECTED]
 wrote:

>On Wed, 5 Mar 2008 19:40:17 -0800 (PST), visualseeplus@[EMAIL PROTECTED]
>wrote:
>
>>Forbes ranks Asia's booming billionaires
>>by James Hossack
>>
>>NEW YORK (AFP) - The number of billionaires in Asia jumped more than
>>30 percent last year, with tycoons from India and China leading the
>>charge, according to Forbes magazine's annual billionaires list.
>>
>>In total, this year saw 1,125 people around the world making the list,
>>up from 946 last year, representing a total net worth of 4.4 trillion
>>dollars and a dramatic increase from 3.5 trillion dollars in 2007.
>
>This self-evidently represents a rapid concentration of wealth.  The
>rich are getting richer largely at the expense of those lower down.

This self-evidently represents the collapse of America.  The cut-off
is denominated in US bushbucks.  It takes a lot less of almost
anything else in the world to buy a billion US bucks than it took a
few years ago.

When you're talking about the tail of a bell curve, a minor horizontal
movement of the cutoff will yield a lot of additional members beyond
that cutoff.

-- 
Tomorrow is today already.
Greg Goss, 1989-01-27
 




 2 Posts in Topic:
Re: Forbes ranks Asia's booming billionaires
royls@[EMAIL PROTECTED]   2008-03-06 19:12:08 
Re: Forbes ranks Asia's booming billionaires
Greg Goss <gossg@[EMAI  2008-03-06 18:29:43 

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