Economics Explained cover image

The Ranks of Global Billionaires: Not All Billionaires Are Made Equal

Economics Explained

00:00

The Varied Wealth Levels Among Billionaires

Dive into the varying levels of wealth among billionaires, from the diversified portfolios of individuals like Bill Gates to the entrenched 'old money elite'. This chapter examines how the wealth of upper-class billionaires is interconnected with national treasuries and state enterprises, posing challenges in quantifying their riches and highlighting their significant power and stability in contrast to lower-class billionaires.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app