San Francisco U.S.’ Billionaire Capital

San Francisco has the most billionaires, per capita, than any city in the U.S. according to a new study conducted by data firm Wealth-X. There is roughly one billionaire for every 11,600 people in the major city closest to tech-hub silicon valley. Globally, the population of billionaires decreased by 5% to about 2,600 individuals. Total […]

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82% of Wealth Created in 2017 Went to the World’s Richest 1%, According to New Report

A new report released today says that 82% of the wealth created in 2017 went to the world’s richest 1%.  The report, published by Oxfam International, an advocacy group dedicated to the eradication of world poverty, also estimated that the bottom 50% of the world’s population saw no increase in wealth.  The trend, according to […]

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