Published On:
Wed, Sep 23rd, 2015
What If the Richest Person in Every Country Gave All Their Money to the Poor?
It'd mean more in Sweden and not much in India. Would the world be a better place if the wealthiest gave their fortunes away to the bottom billion? We tried to answer the question by creating the Robin Hood Index.
We took a spattering of 42 countries with radically different demographics and economies, then compared the wealthiest individuals to the percentage of the populations living in poverty. By the way, only in Chile, the Netherlands, France and Australia is the richest person a woman.
Read the full story at Bloomberg by Wei Lu
Read more about: Distribution of wealth, Income distribution, Socioeconomics