World’s richest lost $127billion; less to trickle down
Conservative who believe in trickle down economics ought to be upset that the rich have less money to trickle down now.
Click here for reuse options!The world’s 400 richest people lost $127.4 billion Friday as global equity markets reeled from the news that British voters elected to leave the European Union. The billionaires lost 3.2 percent of their total net worth, bringing the combined sum to $3.9 trillion, according to the Bloomberg Billionaires Index.
Copyright 2016 Liberaland
8 responses to World’s richest lost $127billion; less to trickle down
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Budda June 25th, 2016 at 09:30
Looking at the chart I see that they are still ahead of where they were a month and a half ago. No pity from me.
Mike June 25th, 2016 at 11:29
Exactly, WTF is this article about…???
granpa.usthai June 25th, 2016 at 09:57
.032 loss from the top is not that big of a deal, howbeit I don’t doubt they are in a panic mode at present. Give it a quarter of a year to see if it’s going to be a long term drain – or if Britain restructures their economic global contacts.
William June 25th, 2016 at 10:16
In a strange way, it’s a bit of irony eh wot?
Mike June 25th, 2016 at 11:28
The graph says they’re doing way better than Jan or Feb ….the Brexit vote looks like nothing more than a statistical bump…
The article is not just meaningless but misleading…The headline says they lost money but the graph shows them doing great…!!!
oldfart June 25th, 2016 at 11:53
And I should care, WHY ???
Did someone repo their private jet or sieze their Hong Kong property ?
bpollen June 25th, 2016 at 17:22
{{{sniff!}}}
fahvel June 26th, 2016 at 03:03
first it said billions like it was something to recoil about and then slowly, what de you know, it’s a fkn measly 3.2%. Disgusting.