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Steve Ruis writes in his blog that “class warfare” is over, finished, kaput. The top .001% won. They made out like bandits during the pandemic while most people struggled to pay the mortgage or the rent. No wonder they prefer to claim that charter schools and vouchers will raise up the poor. Of course, they won’t.
From an article in The Guardian on Forbes magazine’s latest list of billionaires:
“Forbes annual billionaire poll includes a record-breaking 2,755 billionaires, with Amazon founder Jeff Bezos once again topping the list. Elon Musk, zoomed into second place with a $151bn fortune, up $126.4bn from a year ago, when he ranked No 31 and was worth “just” $24.6bn.”
“Elon Musk, zoomed into second place with a $151bn fortune, up $126.4bn from a year ago.”
“Together the plutocrats added $5tn to their wealth for a combined fortune of $13.1tn, up from $8tn on the 2020 list. A record 493 people joined the list this year – one new billionaire every 17 hours. The majority, 205, were in China. But the gains were widespread with gains across the world.”
“But it was the incredibly wealthy who made the biggest gains. The 0.001% did even better than their lesser peers. The top 10 richest people on the list are worth $1.15tn, up from $686bn last year.”