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All billionaires under 30 have inherited their wealth, research finds
(www.theguardian.com)
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this post was submitted on 04 Apr 2024
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Work Reform
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A place to discuss positive changes that can make work more equitable, and to vent about current practices. We are NOT against work; we just want the fruits of our labor to be recognized better.
Our Philosophies:
- All workers must be paid a living wage for their labor.
- Income inequality is the main cause of lower living standards.
- Workers must join together and fight back for what is rightfully theirs.
- We must not be divided and conquered. Workers gain the most when they focus on unifying issues.
Our Goals
- Higher wages for underpaid workers.
- Better worker representation, including but not limited to unions.
- Better and fewer working hours.
- Stimulating a massive wave of worker organizing in the United States and beyond.
- Organizing and supporting political causes and campaigns that put workers first.
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Billionaire -> max 9 billions Multiply by 50 that's a maximum of 450 billion dollars.
Trillion not reached.
YSK, the top five have over 150 billion to their name... each. The top guy has over 230 billion.
The top 50 combined have multiple trillions, and growing.
.... 10 billion dollars is still a billionaire. Or is this a comment that nobody has 10 billion dollars?
Or is maybe this a misread of the OP? By "pool 99 percent of their wealth" they mean the other direction. As in the billionaires keep at most 10 billion and the rest goes to better the world.
So the word tenbillionaire and hundredbillionaire was just a meme?
Yeah. Not a word. https://www.merriam-webster.com/dictionary/tenbillionaire