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The Conversation USA

The world on a billionaire's budget

  • Written by Andrew D. Hwang, Associate Professor of Mathematics, College of the Holy Cross
Jeff Bezos is now the richest person in the world.Reed Saxon/AP Photo

The world’s wealthiest are prospering. As of February 2017, there were about 2,000 billionaires in the world. This micro-elite controls over US$7.6 trillion, an increase of 18 percent from 2016.

A billionaire’s spending power is difficult to grasp, both because most...

Read more: The world on a billionaire's budget

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