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☆ Yσɠƚԋσʂ ☆ to news@hexbear.netEnglish · 1 year ago

China lost about 100 billionaires last year, according to UBS, accounting for a 20% net decline in Chinese billionaires' aggregate wealth, while billionaire wealth in the US continues to surge

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  • cross-posted to:
  • economics
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China lost about 100 billionaires last year, according to UBS, accounting for a 20% net decline in Chinese billionaires' aggregate wealth, while billionaire wealth in the US continues to surge

☆ Yσɠƚԋσʂ ☆ to news@hexbear.netEnglish · 1 year ago
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  • cross-posted to:
  • economics

https://inequality.org/facts/global-inequality/

https://www.oxfam.org/en/press-releases/billionaire-wealth-surges-2-trillion-2024-three-times-faster-year-while-number

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  • Finger [he/him]@hexbear.net
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    1 year ago

    no more half measures walter

  • someone [comrade/them, they/them]@hexbear.net
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    1 year ago

    I dunno, sounds to me like the government of China found them pretty easily.

  • Grapho@lemmy.ml
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    1 year ago

    Xi pressed the socialism button

    • TankieTanuki [he/him]@hexbear.net
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      1 year ago

      xi-button

  • heatenconsumerist [he/him]@hexbear.net
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    1 year ago

    UBS is not a great source of information

    But hell yeah eat the rich

  • ProletarianDictator [none/use name]@hexbear.net
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    1 year ago

    Maoist Xiaohongshu users been telling me China is becoming bourgeois, but none provide actual evidence. Weird having people who understand dialectical materialism on some fuck shit. I think they are just trying to rationalize theit grievances about being unemployed.

  • Churbleyimyam@lemm.ee
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    1 year ago

    Looks like a lot of Chinese billionaires emigrated.

    • Hohsia [any]@hexbear.net
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      1 year ago

      angery

      Castro let gusanos do the same

    • REEEEvolutionBanned from community
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      1 year ago

      That would not help them, lul.

  • MeowZedong
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    1 year ago

    Terf island hurt itself it’s confusion!

  • Dirt_Owl [comrade/them, they/them]@hexbear.net
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    9 months ago

    deleted by creator

  • Parsani [love/loves, comrade/them]@hexbear.net
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    9 months ago

    deleted by creator

  • SootySootySoot [any]@hexbear.net
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    1 year ago

    It would be interesting to know why - Have they lost wealth? Is it a tax dodge? Did they die?

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