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Global stock market rout leaves world with 57 fewer billionaires

  • 📰 The Guardian
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Sverige Senaste nytt,Sverige Rubriker

Big fall in wealth in China as combined fortunes of super-super rich dips for first time since financial crisis, says UBS

There were 57 fewer billionaires on the planet at the end of last year than there were a year earlier, as the global stock market rout stripped the world’s wealthiest people of a collective $388bn . It is the first time that billionaires’ wealth has fallen since the 2008 global financial crisis.

 

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Excellent news! But 2,101 filthy rich worldwide are still billionaires, and it is 2,101 too many! capitalism is the main vector of the ClimateCrisis. capitalismKill climatestrike socialjustice

Oh dear have to scrap by and make ends meet being a millionaire then for the 57 new millionaires it’s a hard life out there....!

This means that someone with less money than them now has more money. But I do feel for the poor souls left to struggle on a mere $999,999,999.99 or even less.

Wealth does not disappear. It gets recycled relaundered reused. Further down the foodchain. To poorer more tragic class. Where every extra note is greatly valued utilised n carefully used.. Thank God for reversal of fortunes to feed the hungry n destitute. Super rich still rich!

oh no. better get the hoover and suck that cash back to the den

Poor things....NOT.

Now where did I put that tiny violin of mine...

Don't vote labour . Be no billionaires if they get there eay

My heart bleeds for them but look on the bright side, they are still richer than 99 percent of the world's population.

🎶Womp womp🎶

How Sad 😬😂

Are they only multi-millionaires now then? 😢

3wombats 'Anyhow ... stiff shit'.

Oh no! However will the world manage...

Blame Corbyn and Sanders?! Or credit them :)

Global stock market rout leaves world with 57 fewer billionaires Global stock market rout leaves world with 57 fewer billionaires

Extra deliveries of thoughts and prayers being arranged as we speak.

How tragic🗿

Are they queuing up for food stamps now or what?

Finally, some good news

Elizabeth Warren hardest hit.

Will they need foodbanks?

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 /  🏆 84. in SE

Sverige Senaste nytt, Sverige Rubriker

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