Anonymous
Post 10/06/2020 19:29     Subject: In 2020 there are more billionaires in Asia (799) than in North & South America (734) combined
There are way more than 734 billionaires in the US alone. Most fly way under the radar.
Anonymous
Post 10/06/2020 17:15     Subject: In 2020 there are more billionaires in Asia (799) than in North & South America (734) combined
Apparently someone didn’t read Crazy Rich Asians.
Anonymous
Post 10/05/2020 08:07     Subject: In 2020 there are more billionaires in Asia (799) than in North & South America (734) combined
Anonymous wrote:that's why I put about 10% of my portfolio into chinese stocks

Emerging market funds and international funds exUS seem to be packed with Chinese stocks. In spite of the lack of transparency it seems like an allocation is inevitable. Mine is probably more than 10%.
Anonymous
Post 10/05/2020 00:38     Subject: In 2020 there are more billionaires in Asia (799) than in North & South America (734) combined
We need more socialism is the message there!
Anonymous
Post 10/04/2020 20:20     Subject: In 2020 there are more billionaires in Asia (799) than in North & South America (734) combined
Who cares? None of us here will ever be billionaires. None. Zip. Zero. Zilch.
Anonymous
Post 10/04/2020 20:09     Subject: In 2020 there are more billionaires in Asia (799) than in North & South America (734) combined
Anonymous wrote:Asia has a ton more people. Wealth per capita is what matters more.

Actually growth rate is what matters most.
Anonymous
Post 10/04/2020 19:32     Subject: In 2020 there are more billionaires in Asia (799) than in North & South America (734) combined
that's why I put about 10% of my portfolio into chinese stocks

Anonymous
Post 10/04/2020 19:21     Subject: In 2020 there are more billionaires in Asia (799) than in North & South America (734) combined
Asia has a ton more people. Wealth per capita is what matters more.
Anonymous
Post 10/04/2020 17:06     Subject: In 2020 there are more billionaires in Asia (799) than in North & South America (734) combined
North America has about 600 million people. Asia has 4.65 billion people. But most global economic growth is happening in Asia. So is wealth, labor and productivity growth.
Anonymous
Post 10/04/2020 17:00     Subject: In 2020 there are more billionaires in Asia (799) than in North & South America (734) combined
And as a result more wealth inequality. But having more people means that Asia is likely to widen the gap in the next few decades as birth rates in the west collapse.
Anonymous
Post 10/04/2020 16:58     Subject: Re:In 2020 there are more billionaires in Asia (799) than in North & South America (734) combined
They have more people too
Anonymous
Post 10/04/2020 16:50     Subject: In 2020 there are more billionaires in Asia (799) than in North & South America (734) combined
Anonymous wrote:As of 2019, North America and Europe both had more wealth than Asia. The gap is closing quickly though.

https://www.visualcapitalist.com/all-of-the-worlds-wealth-in-one-visualization/

Actually the Asia-Pacific region including China has more wealth ($128 trillion) than North America ($115 trillion) according to this source - the Credit Suisse GlobalWealth Report 2019. The US is still on top with $106 trillion.
Anonymous
Post 10/04/2020 16:44     Subject: In 2020 there are more billionaires in Asia (799) than in North & South America (734) combined
As of 2019, North America and Europe both had more wealth than Asia. The gap is closing quickly though.

https://www.visualcapitalist.com/all-of-the-worlds-wealth-in-one-visualization/
Anonymous
Post 10/04/2020 16:33     Subject: In 2020 there are more billionaires in Asia (799) than in North & South America (734) combined
For some of us of a certain age, this is inconceivable.
Anonymous
Post 10/04/2020 16:31     Subject: In 2020 there are more billionaires in Asia (799) than in North & South America (734) combined
The visualization is derived from Forbes data.

Billionaires:
Asia: 799
North and South America combined: 734
Europe including all of Russia: 510
Oceania:33
Africa: 19

https://howmuch.net/articles/world-map-of-billionaires-2020