Lets face it, God hates poor people. They smell, and have no " social graces ". That's why he gave the Rich another 29 Billion.
Lets face it, God hates poor people. They smell, and have no " social graces ". That's why he gave the Rich another 29 Billion. The 100 wealthiest people on the planet added $28.7 billion to their collective net worth this week after the Dow Jones Industrial Average surged to a record, according to the Bloomberg Billionaires Index.
“Even today, despite the snowstorm, the market is trending higher,” John Carey, a fund manager with Boston-based Pioneer Investment Management Inc., said in a telephone interview. His firm oversees $200 billion. “Keep in mind, the market isn’t all that strong relative to where it was at the beginning of the century in terms of multiples, earnings momentum and popularity of stocks.”
The week’s biggest gainer was Japanese retail tycoon Tadashi Yanai. The billionaire added $2.8 billion to his fortune as shares of his Fast Retailing Co., the largest clothing retailer in Asia, jumped 24 percent and hit an all-time high yesterday as domestic sales rose 9.6 percent last month. The 64- year-old ranks 48th in the world with a net worth of $16.3 billion. [link to www.bloomberg.com]