Showing posts with label rich. Show all posts
Showing posts with label rich. Show all posts

Sunday, May 08, 2011

Fortunes and Football Clubs - UK-based Russians Cashing In

GB : les riches toujours plus riches

leJDD.fr: Malgré la crise, les grandes fortunes britanniques ont vu leur richesse gonfler en moyenne de 18% sur les 12 derniers mois, sans toutefois détrôner de la première place le magnat de l'acier Lakshmi Mittal, selon le classement publié dimanche par le Sunday Times.

Dans un pays qui compte désormais 73 milliardaires contre 53 l'année dernière, soit presque le record de 75 atteint avant la crise, la reine n'arrive, elle, "qu'à" la 257e place avec une fortune évaluée à 300 millions de livres, en hausse de 3%. [Source: leJDD.fr] | Dimanche 08 Mai 2011

THE SUNDAY TIMES: Wealth goes through the roof » | Philip Beresford | Sunday, May 08, 2011 [£]

Tuesday, October 26, 2010

California Governor Contender Meg Whitman Hit by Voter Backlash Over Money

THE DAILY TELEGRAPH: Meg Whitman, the Republican candidate for Governor of California, is facing a voter backlash over the record amount of money she has invested in her campaign.

Photobucket
Former EBay Inc Chief Executive and California Republican candidate for Governor Meg Whitman. Photo: The Daily Telegraph

Rich bitch displeases US voters >>>

Saturday, April 24, 2010

Sunday Times Rich List 2010: Britain's Richest See Wealth Rise by One Third

THE TELEGRAPH: The collective wealth of Britain’s 1,000 richest people has increased by almost a third in the past year despite the uncertain economy, according to the Sunday Times Rich List 2010.

The multimillionaires are worth £335.5 billion, up £77.265 billion (29.9 per cent) on last year, according to the latest edition of The Sunday Times’ Rich List 2010.

The rise is easily the largest annual increase in the 22 years that the survey has been carried out.

In 1997, when Labour came to power, the collective wealth of the then richest 1,000, was just £98.99 billion. In total, the number of billionaires in this year’s list has risen from 43 to 53.

The findings are likely to prove controversial, coming just ahead of the general election and with spending cuts and tax rises expected from whichever party wins.

Top of the Sunday Times Rich List 2010 again is Lakshmi Mittal, the steel tycoon, whose fortune has more than doubled from £10.8 billion last year to £22.45 billion.

He is followed by: Roman Abramovich, the oil and industry magnate and owner of Chelsea FC, worth £7.4bn - up six per cent on last year; the Duke of Westminster, the property owner, now worth £6.75bn, an increase of four per cent; and Ernesto and Kirsty Bertarelli, whose £5,950 million wealth, based on pharmaceuticals, has increased by 20 per cent. Kirsty Bertarelli is also considered the richest woman in the list. >>> Jasper Copping | Saturday, April 24, 2010

Tuesday, July 17, 2007

A Nation Divided by Riches: The Result of Thirty Years of Screwing the Poor – A Policy with Dire Long-Term Consequences

THE TELEGRAPH: The wealth gap is at its widest for more than 40 years, creating ghettoes of the richest and the poorest that have virtually nothing to do with each other, a report finds today.

The Joseph Rowntree Foundation also found that in parts of the South-East the "average" family is an endangered species. The result has been an increase in "urban clustering" of poor people in cities with wealthy households concentrated on the outskirts. Income divide at widest for 40 years (more) By Christopher Hope

SUNDAY TELEGRAPH (19/02/2007):
Blair's wealth gap: voters want City bonus curb By Patrick Hennessy and Melissa Kite

The Jodeph Rowntree Foundation

TELEGRAPH SPEAKERS’ CORNER:
What can be done to heal Britain's economic divide?

I am all for people being able to become rich, but it seems to me that this country has encouraged unadulterated greed. There is no concern for the people who simply cannot get bonuses on the level of the City's so-called "high fliers". For most people, they just have to struggle along whilst a relatively small number at the top of the pile, simply because they have had the chance to enter the City or kick a football, get all the benefits. They cream it all off. This is not fair. And a country which encourages such unfairness will, in the long-run, live to regret it. Civil unrest will surely ensue.

They used to say that (absolute) poverty was the breeding ground for communism. I would go as far as to say that (relative) poverty could well become the breeding ground of communism, too. That beast - communism - is just lurking in the shadows. We need to be vigilant.

By creating a dependency culture, and at the same time allowing obscene pay rises, mega-golden handshakes (for jobs usually not well done), and even more obscene City bonuses, this government, and several governments before it, is setting the scene for an ugly future for us all.

Nobody is worth some of the ridiculous pay awards that some of these people are 'earning.' It is a total disincentive to work and effort for the vast majority, since they might as well give up, knowing darned well that they will never achieve such dizzy heights.

The world has been here before, albeit in smaller magnitude. We need to take heed. No society can be healthy when this group feels insulated and superior to that group. This is a recipe for division, bitterness, and strife, and takes the concept of capitalism to the Nth degree.
– ©MA


Mark Alexander