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Money and Wealth

Richest Top 1% Holds 43% of all Financial Assets – A Rough 33% of the Top 50 Corporations are Valued at $13.3 Trillion

A recent report by Oxfam reveals that the richest 1% of the global population holds more wealth than the bottom 95% combined. The study underscores the significant power billionaires exert over the world economy, with more than a third of the top 50 global corporations either being led by or...
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CEO Insights

The U.S. as a Middle-Class Society

In a middle-class society, presidential candidates often actively engage with this demographic during elections, as wealth, whether from new fortunes or high-paying professions, does not automatically garner respect without merit. Individuals in such societies generally enjoy better opportunities for success, and income distribution tends to be more equitable. Key characteristics...
CEO PerspectivesMoney and Wealth

Ellison Becomes World’s 2nd Richest Man Overtaking Bezos as Oracle Stock Surges by 20% this Month

Oracle’s recent stock rally propelled its Chairman, Larry Ellison, to briefly claim the title of the world’s second-richest person, surpassing Amazon’s Jeff Bezos. The surge in Oracle shares, which jumped 5.1% on Monday, increased Ellison’s fortune by $8.1 billion since Friday, bringing his net worth to approximately $206 billion. In...
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