divide - Blog - Global Risk Community2024-03-28T15:07:59Zhttps://globalriskcommunity.com/profiles/blogs/feed/tag/divideThe Davos Blind Eye: How the Rich Eat the Poor and the Worldhttps://globalriskcommunity.com/profiles/blogs/the-davos-blind-eye-how-the-rich-eat-the-poor-and-the-world2016-02-01T00:39:37.000Z2016-02-01T00:39:37.000ZEnrique Raul Suarezhttps://globalriskcommunity.com/members/EnriqueRaulSuarez<div><p></p><p></p><p><a href="{{#staticFileLink}}8028244281,original{{/staticFileLink}}"><img width="400" class="align-center" src="{{#staticFileLink}}8028244281,original{{/staticFileLink}}" alt="8028244281?profile=original" /></a></p><p></p><h2 class="center" style="text-align:center;"><strong>The Davos Blind Eye: How the Rich Eat the Poor and the World</strong></h2><h2 class="center" style="text-align:center;"> </h2><h2 class="center" style="text-align:center;"><strong>The Big Lies</strong></h2><p class="center" style="text-align:center;"> </p><p class="center" style="text-align:center;">Source:</p><p class="center" style="text-align:center;"></p><p class="center" style="text-align:center;"><strong>Prof. John McMurtry</strong></p><p class="center" style="text-align:center;"></p><p class="center" style="text-align:center;">Global Research, January 24, 2016</p><p class="center" style="text-align:center;"></p><p>The just-released Oxfam Davos Report which the mass media have ignored arrestingly shows that 62 individuals – 388 in 2010 – now own more wealth than 50% of the world’s population. More shockingly, it reports from its uncontested public sources that this share of wealth by half of the world’s people has collapsed by over 40% in just the last five years.</p><p>Yet the big lies persist even here that “the progress has been made in tackling world poverty” and “extreme poverty has been halved since 1990”.</p><p></p><p style="text-align:center;"><a href="https://www.linkedin.com/pulse/davos-blind-eye-how-rich-eat-poor-enrique-suarez?published=u" target="_blank">Link to full article</a></p><p style="text-align:center;"></p><p style="text-align:center;"></p></div>Global Inequality: The World’s 400 Richest Billionaires Get Richer, Adding $92bn in 2014https://globalriskcommunity.com/profiles/blogs/global-inequality-the-world-s-400-richest-billionaires-get-richer2015-03-21T14:21:53.000Z2015-03-21T14:21:53.000ZEnrique Raul Suarezhttps://globalriskcommunity.com/members/EnriqueRaulSuarez<div><p style="text-align:center;"><a href="{{#staticFileLink}}8028231263,original{{/staticFileLink}}"><img width="316" class="align-center" src="{{#staticFileLink}}8028231263,original{{/staticFileLink}}" alt="8028231263?profile=original" /></a></p><p style="text-align:center;"><strong><span class="font-size-3">Global Inequality: The World’s 400 Richest Billionaires Get Richer, Adding $92bn in 2014</span></strong></p><p style="text-align:center;"></p><p class="center" style="text-align:center;"><span class="font-size-2">Presented</span></p><p class="center" style="text-align:center;"><span class="font-size-2">by:</span></p><p class="center" style="text-align:center;"><span class="font-size-2"><strong>Enrique Suarez</strong></span></p><p class="center" style="text-align:center;"><a href="http://www.wix.com/suarezenrique/delta" target="_blank">http://www.wix.com/suarezenrique/delta</a></p><p class="center" style="text-align:center;"></p><p class="left"><em>The 400 richest billionaires in the world added another $92 billion to their names in 2014 and now sit on assets worth $4.1 trillion, but Russia’s super-wealthy have been hit by economic problems resulting from the Ukraine crisis.</em></p><p class="left"></p><p>The biggest winner in 2014 was China’s Jack Ma, who co-founded the Alibaba Group Holding ltd, (BABA), China’s largest e-commerce company, Bloomberg reports.</p><p></p><p>Ma, who has a personal fortune of $28.7 billion, has added $25.1 billion to his wealth since the September initial public offering saw shares surge by 56 percent.</p><p></p><p>Other big winners in 2014 were Warren Buffett and Mark Zuckerberg. Buffet increased his net worth by $13.7 billion as dozens of businesses he had brought over the past five decades produced record profits.</p><p></p><p>Zuckerberg, who founded Facebook, the world’s largest social networking company, added $10.6 billion to his cash pile. Facebook has flourished this year as advertising increased and marketing initiatives expanded, and the 2012 acquisition of Instagram has also paid off; with the photo sharing app now worth $35 billion.</p><p></p><p>Bill Gates, the founder of Microsoft, remains the world’s richest man with an $87.6 billion personal fortune, up $9.1 billion this year.</p><p></p><p><img width="588" height="379" class="center" alt="" src="https://media.licdn.com/mpr/mpr/shrinknp_750_750/AAEAAQAAAAAAAAH8AAAAJDM5YmZkMmQxLThlNjYtNDhlOS04MDc5LWQzZjBmOGJkNDYxNQ.jpg" /></p><p></p><p><strong>Russian blues</strong></p><p>The Majority of Russia’s billionaires have seen their fortunes shrink this year, as the EU and the US imposed sanctions and limited Russian companies’ access to financing from Western banks, as a result of the crisis in Ukraine.</p><p></p><p>Vladimir Yevtushenkov, the main shareholder in the Russian conglomerate AFK Sistema, was hardest hit. Once Russia’s 14th richest man, he lost 80 percent of his wealth after a money laundering investigation into the $2.5 billion purchase of oil producer Bashneft, which saw him sentenced to house arrest.</p><p></p><p>Leonid Mikhelson, the CEO of Novatek, Russia’s second largest natural gas producer, was the biggest loser in terms of dollars. He has lost $7.8 billion since the beginning of the year and is now worth $10.1 billion.</p><p></p><p>Alisher Usmanov dropped from first place and is now Russia’s second richest person after his MegaFon mobile phone company lost almost half of its value since June. Viktor Vekselberg is currently Russia’s richest person and is worth $14.1 billion.</p><p></p><p>Oleg Deripaska, an aluminum billionaire who owns Rusal was one of a handful of Russians who saw their fortune grow in 2014, adding $1.6 billion to Rusal and increasing his worth to $8.2 billion.</p><p></p><p>Stanislav Belkovsky, a former Kremlin adviser who is a now a consultant for Moscow’s Institute for National Strategy, said that this will make it harder for Russians doing business in the West.</p><p></p><p><em>“The reputation of Russian business in the West has become worse, and will continue to get worse. That means that the capabilities for Russia’s billionaires to run businesses abroad are going to decrease,”</em> he told Bloomberg.</p><p></p><p><strong>Source:</strong> Global Research, January 20, 2015</p><p></p></div>