Home > interesting, trends > Masters of the universe

Masters of the universe

Interesting article  from the NYTimes on the people who run the world – a.k.a. the ~2500 billionaires. A few points that caught my eye:

  • Six of the top 10 billionaires made their money in technology
  • A new billionaire is created every three days in Asia(!), with 65 percent of the region’s billionaires in China. So much for communism not being the way.
  • 57 percent are self-made, and another 31 percent received an inheritance and grew it into billions.
  • Over half of all billionaires are worth between $1 billion and $2 billion. Go up to $5 billion and there are 2,101.
  • More of today’s billionaires went to Harvard than to any other school. Stanford was second.

Definitely worth the read.

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