From 1995 to 2021, the combined wealth of Billionaires grew 1,549%, while the global economy grew just 314%

HR NEWS
4 min readJan 18, 2024

In the grand cosmic sweep of human history, the rise of the modern billionaire stands as an anomaly, an obscene testament to the twisted logic of a world gone mad. These gilded titans, perched atop their ivory towers of wealth, have amassed fortunes that dwarf the GDP of entire nations, their obscene riches growing at an exponential rate, far outpacing the modest gains of the global economy.

The numbers are staggering, a litany of obscene excess that would make even the most jaded observer gasp in disbelief. Between 1995 and 2021, the combined wealth of the world’s billionaires exploded by a mind-boggling 1,549%. In that same period, the global economy, the engine that powers the lives of billions, chugged along at a mere 314% growth rate.

This staggering disparity is not a mere statistical quirk; it’s a stark reflection of a system rigged against the vast majority of humanity. The wealth of these self-anointed oligarchs has been siphoned off from the collective well-being of society, fueled by an insatiable greed that knows no bounds.

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