Saturday, April 12, 2014

Huffington Post — The Super Rich Are Richer Than We Thought, Hiding Huge Sums, New Reports Find

A new pair of reports suggests that the super rich are richer than we thought.
The first report by Professors Emmanuel Saez (UC Berkeley) and Gabriel Zucman (LSE and UC Berkeley) addresses the question of how to measure total wealth, finding that there is an increasing concentration in the top one-thousandth.
So where is all this wealth going? The second report, by Zucman, demonstrates that a lot of the money is held in offshore tax havens -- far more than previously known.
The Huffington Post
The Super Rich Are Richer Than We Thought, Hiding Huge Sums, New Reports Find

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