A billion dollars, says Luisa Kroll, who edits Forbes magazine’s list of the world super-rich, is “just not what it used to be”. Too right! There’s now something horribly common about being a billionaire. Forbes names an incredible 793 of them round the world — 102 more than last year. In London alone there are 23, including the steel magnate Lakshmi Mittal, now the world’s fifth richest person.
At the top of the Billionaires Club, admittedly, there’s still some serious money around. Between them the three richest dudes on the planet — Bill Gates, Warren Buffett (the man always quaintly described as Gates’s “bridge partner") and the Mexican telecom mogul and serial Rodin hoarder Carlos Helú — possess more wealth than the world’s 600 million poorest people put together.
The Times
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