World’s Richest Lose $117 Billion in One-Day Market Meltdown – Bloomberg

The wealthiest 500 people on Earth lost 2.1% of their collective net worth on Monday as U.S. stocks plunged in their biggest drop this year.
— Read on www.bloomberg.com/news/articles/2019-08-05/world-s-richest-lose-117-billion-in-one-day-market-meltdown

It’s time for a 100% tax on billionaire estates, Oscar Mayer heir says

If we are concerned about the health of our economy, strengthening – not eliminating – the estate tax is the solution.That is the kind of policy that will ensure our government represents the average person, rather than becoming a hereditary aristocracy of wealth and power, writes Chuck Collins.
— Read on www.cnbc.com/2019/07/24/its-time-for-a-100percent-tax-on-billionaire-estates-oscar-mayer-heir-says.html

This man is now the world’s second richest person: Read his incredible story

Known as the Pope of Fashion, Bernard Arnault is now the world’s second richest man, overtaking Bill Gates, according to Bloomberg. We look back at his life.
— Read on www.msn.com/en-ca/money/topstories/this-man-is-now-the-worlds-second-richest-person-read-his-incredible-story/ss-AAEvrEg

Bernard Arnault, Jeff Bezos, Bill Gates Worth $100 Billion Each – Bloomberg

Bernard Arnault, Europe’s richest person, just joined Jeff Bezos and Bill Gates in the world’s most exclusive wealth club with a fortune of at least $100 billion.
— Read on www.bloomberg.com/news/articles/2019-06-18/arnault-joins-bezos-gates-in-most-exclusive-billionaires-club