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India second most unequal country globally after Russia while Japan most equal: Report

Sep 06, 2016

India second most unequal country globally after Russia while Japan most equal: Report

India is the second most "unequal" country in the world after Russia, with millionaires controlling more than half of its total wealth, a report by Johannesburg-based wealth research firm New World Wealth said earlier this week. #India #Japan #NewsTracker #Russia #Wealth #New World Wealth #unequal
Disparity hits new levels of disbelief: 62 people own the same amount of wealth as 3.5 billion

Jan 18, 2016

Disparity hits new levels of disbelief: 62 people own the same amount of wealth as 3.5 billion

Just 62 individuals had the same wealth as 3.5 billion people—the bottom half of humanity—in 2015, according to a new report, An Economy For The 1%, by Oxfam, a global advocacy. #Economy #ConnectTheDots #World Economic Forum #Tax #Wealth
Create wealth and jobs: Here's what should be CM Nitish Kumar's game plan for Bihar

Nov 20, 2015

Create wealth and jobs: Here's what should be CM Nitish Kumar's game plan for Bihar

As Nitish Kumar returns as Bihar CM, his game plan should be clear: Press on with policies that offer educational opportunities, further economic progress. #Politics #India #CriticalPoint #Education #jobs #Employment #Nitish Kumar #Wealth #Patna #Bihar CM #Bihar Assembly Election 2015 #Mahagathbandhan #Grand Alliance
Rakesh Jhunjhunwala's next target: Shed 20 kilos, give away Rs 5000 cr to philanthropy

Oct 30, 2014

Rakesh Jhunjhunwala's next target: Shed 20 kilos, give away Rs 5000 cr to philanthropy

The way forward: Focus on philanthropy, particularly education and nutrition. Plans to put in Rs 1,000 crore in an educational institution. Considering setting up an institution to ensure more effective government spending
#Stock market #Warren Buffett #Rakesh Jhunjhunwala #Wealth #Money #horses
Vedanta's Anil Agarwal will give 75% of his wealth to charity

Sep 27, 2014

Vedanta's Anil Agarwal will give 75% of his wealth to charity

Forbes estimated that the 61-year-old Indian entrepreneur has a net worth of $3.5 billion.
#Charity #Vedanta #Wealth #Anil Agarwal
Top 3 percent in US hold nation's wealth, income, says survey

Sep 05, 2014

Top 3 percent in US hold nation's wealth, income, says survey

The gap between the richest Americans and the rest of the nation widened after the Great Recession, a survey by the Federal Reserve showed on Thursday, suggesting deepening US income inequality. #US #Debt #Federal Reserve #Wealth #Income #GAP #top 3 percent
1% Chinese households control 33% of nation's wealth, says study

Jul 27, 2014

1% Chinese households control 33% of nation's wealth, says study

The report showed about 74.7 per cent of Chinese household wealth came from owning real estate.
#China #Wealth #People #Real estate
China condemns report on elite's 'hidden' wealth, censors discussion

Jan 23, 2014

China condemns report on elite's 'hidden' wealth, censors discussion

The Chinese government condemned on Wednesday a report on the wealth of the country's elite being hidden in overseas tax havens as illogical and having ulterior motives, as the government blocked websites and censored mention of the story online. #facebook #Politics #India #China #Wen Jiabao #Communist Party of China #Wealth #chinese #Xi Jiping