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Bloomberg published the Billionar index related to the past year. (translated from the Dutch newspaper)
The results are shocking:
The 300 richest people in the world became together 524 billion richer!!
In total these rich people owned at year end closing: 3.7 trillion.
Only about 70 of the 300 did not make any gains.
Eike Batista a Brazilian oil billionair lost 12 billion because his company OGX went bankrupt.
Bill Gates; got back on top by beating Carlos Slim because of Microsoft stock gains, so he could add 15.8 billiion to his assets.
Per December 31th he was worth 78.5 billion.
Heineken: (the only Dutch person on the list) the (inhereter) Charlene Carvalho-Heineken increased her wealth from 92.8 million to 10.3 billion.
So considering the above, be aware that also these facts will have enormous effect on our future elections; we will become even more in the grip of elections done by
"money" because the rich have plenty to spent to get it their way.
As another note: The French have approved the 75% tax on the rich; which I think will backfire because they (the rich) always find ways to evade such or just move out of the country and stack it in the Caymans together with Romney and may be Obama!!!
Mr. Biden ( who seemed not too poor either) visits right now his brother on a multi million dollar estate here in Naples; all the roads were full of police and the motorcade was at least bigger than for the British Queen!!