Amazon.com Inc. founder Jeff Bezos has the resources to launch himself into space. Elon Musk does, too.
In many ways, though, the world¡¯s richest people left the rest of us behind long ago.
The world¡¯s wealthiest 500 individuals are now worth $8.4 trillion, up more than 40% in the year and a half since the global pandemic began its devastation. Meanwhile, the economy¡¯s biggest winners, the tech corporations that created many of these vast fortunes, pay lower tax rates than grocery clerks, and their mega-wealthy founders can exploit legal loopholes to pass huge windfalls onto heirs largely tax-free.
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