the world now has more billionaires than ever. For the first time, the number of billionaires has crossed the 3,000 threshold, and currently, there are 3,028 billionaires globally — up by 247 compared to last year. Combined, their wealth totals US$$16.1 trillion, an increase of US$2 trillion compared to 2024.
This fucking turns my stomach. 3000 people hoarding wealth at a time when billions are struggling. And the richer they are, the faster they are able to hoard even more wealth.
There's no reason to allow anyone to hoard enough wealth to last 10,000 lifetimes. We need to have caps on personal wealth.