I am not the first, nor the last, to say that the "rich are getting richer", and the "middle-class and the poor are getting poorer". However, I now have the absolute proof of this statement. The following chart very clearly proves that this well-known statement is indeed true.
Forbes
magazine in their July 18, 1994, pages 152-219, and July 15, 1996, pages
142-243 issues listed an index of the Billionaires around the world. These
articles implied that they are all-inclusive lists. However, it becomes clear
that they are not complete lists when they excludes such prominent wealthy
persons such as: Her Royal Majesty Elizabeth - Queen of England, Her Royal
Majesty Beatrix - Queen of the Netherlands (known as the wealthiest woman
in the world), Her Royal Majesty Margaret the II - Queen of Denmark, Her
Royal Majesty Sofia - Queen of Spain, Sir Muda Hassanal Bolkiah Muizzadin
Waddaulah - The Sultan of Brunei, Darussalam, King Fahd - Monarch of Saudi
Arabia, Emir Shaikh Jabir al-Ahmad al-Jabir as-Sabah - King of Kuwait, Sultan
Qabus bin Said - King of Oman, Emir & Prime Minister Khalifah ibn Hamad
ath-Thani - King of Qatar, President Zaid ibn Sultan an-Nahayan - Ruler of
the United Arab Emirates, Haydar Abu Bakr-al Attas - Prime Minister of Yemen,
Amir isa bin Sulman al-Khalifa - King of Bahrain, the House of Rothschild,
the Wallenberg interests, the Warburg interests, the Schiff interests, or
many others. The ultra-rich are very likely members of the Inner Circle of
the Elite and do not want their massive wealth to be known by the public,
therefore, they are not likely to be listed by Forbes magazine or any other
news media.
Country |
1994
No.
|
1996
No.
|
|||||
United States |
41
|
172
|
|||||
Hong Kong |
8
|
20
|
|||||
France |
4
|
16
|
|||||
Switzerland |
3
|
12
|
|||||
Indonesia |
3
|
10
|
|||||
Taiwan |
4
|
8
|
|||||
Mexico |
7
|
27
|
|||||
Malaysia |
3
|
11
|
|||||
Philippines |
--
|
9
|
|||||
Korea |
3
|
7
|
|||||
Thailand |
3
|
11
|
|||||
Brazil |
2
|
12
|
|||||
Saudi Arabia |
2
|
8
|
|||||
Scandinavia |
2
|
5
|
|||||
Italy |
2
|
6
|
|||||
Canada |
3
|
6
|
|||||
United Kingdom |
2
|
6
|
|||||
Greece |
2
|
5
|
|||||
Singapore |
1
|
4
|
|||||
The Netherlands |
1
|
4
|
|||||
Argentina |
1
|
4
|
|||||
Turkey |
1
|
3
|
|||||
Chile |
--
|
4
|
|||||
China |
--
|
1
|
|||||
India |
1
|
3
|
|||||
Lebanon |
1
|
2
|
|||||
Colombia |
--
|
3
|
|||||
Spain |
--
|
3
|
|||||
Israel |
--
|
3
|
|||||
South Africa |
--
|
2
|
|||||
Venezuela |
--
|
2
|
|||||
Kuwait |
--
|
1
|
|||||
Australia |
1
|
1
|
|||||
Liechtenstein |
--
|
1
|
|||||
Bahrain |
--
|
1
|
|||||
Ecuador |
--
|
1
|
|||||
Totals |
147
|
490
|
Note: The above chart reflects
the wealthy people with $1 billion or more. The 1993 edition of Forbes did
not list all those who had $1 to $2 bil.. It would be very revealing if we
had the ability to compare '93, '94 and '96 for those with $1 billion or
more. It is very clear from the above that the rich are getting richer and
the middle-class and poor must be getting poorer.
* There is no mathematical percentage value when going from 0 to a positive
or negative value. Any number divided by zero is undefined, and this is
illogical. Sometimes it is useful to define it as "infinity" but even this
produces inconsistencies and paradoxes.