The global financial system has created massive wealth, but its centralized nature means the spoils have gone to the people who are best connected to the financial centers of the world. As global inequality continues to rise, how can wealth building tools become more accessible to the rest of the global population? Luckily, technological
Tag: Wealth
How long it takes to become a billionaire?
Some people say that making the first million is the hardest.Others, like oil tycoon T. Boone Pickens have quipped that the first billion is a “helluva lot harder”. Regardless of which is true, it’s interesting to examine how long it took the world’s wealthiest to reach the million and billion dollar benchmarks, as
Top 10 – Richest Countries in the World
According to market research company New World Wealth, the world has accumulated $215 trillion in private wealth, a 12% increase over the last year. Incredibly, the vast majority of this wealth – about 73.5% – is held by just 10 countries: Rank Country Wealth (USD Trillions) Change (2007-2017), % #1 United States $62.6 20% #2 China $24.8 198% #3 Japan $19.5 22% #4 United Kingdom $9.9 -2% #5 Germany $9.7 0% #6 India $8.2 160% #7 France $6.6 -11% #8 Canada $6.4 25% #9 Australia $6.1 83% #10 Italy $4.3 -19% Over the last decade, China