As the poor are getting poorer, the rich are getting richer, shrinking the middle class.
Forbes has recently released an updated worlds billionaire list while pointing to "a record year for ten-figure wealth".
According to the report, the world has 2,781 total billionaires, 141 more than last year and 26 more than the overall record set in 2021.
Together, the world’s billionaires have a combined wealth of $14.2 trillion.
The Unites States has the most number of billionaires at record 813, followed by China who has 473 billionaires. India landed in the third position with total of 200 billionaires.
US state California, known as the land of the rich, has 186 billionaires according to March 2022 statistics followed by New York and Florida.
National security adviser says US taking a step back and reviewing all aspects of this relationship
Court in a 5-4 decision upholds Washington-based US District Judge Amir Ali's order
Supreme court says derogatory terms used to describe Muslims may be in poor taste but not offensive
State Dept says "current budget climate requires us to make difficult cuts, we cannot continue to publish this data"
Pope marks longest absence from view since starting his papacy started in March 2013
Prime minister thanks British Muslims for their contributions to "every community in Britain"
