wealth

8 posts
Billionaire’s spending scaled to your net worth

We hear about billionaires spending millions of dollars on ads, acquisitions, etc. It seems like a ridiculous amount of money, but that’s partially because us common folk think of the millions of dollars in the context of our own net worth. When Jeff Bezos spends a few multiples of what we will never make in a lifetime, it seems like a lot. For The Washington Post, Michelle Ye Hee Lee...

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Wealth inequality explained in charts

Wealth inequality is a real thing that is complex and a result of various factors. It's difficult to capture everything in one chart, so Urban Institute explained wealth inequality in nine charts instead. They start with an animated chart that shows growing inequality over the years (basically a rising spike on the right) and then move into demographic breakdowns for age and race. Then they go into more detail for...

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