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RSS FeedMatters of Scale - Richer and Poorer
Number of billionaires (people with the net worth of a thousand millionaires) in the world in 1989 | 157 |
Number of billionaires just five years later, in 1994 | 358 |
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Number of the world's richest people whose collective wealth adds up to $762 billion | 358 |
Number of the world's poorest people whose combined income adds up to $762 billion | 24000000000 |
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Portion of global income going to the richest fifth of the population | 83 percent |
Portion of global income going to the poorest fifth | 1 percent |
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Number of billionaires in Mexico in 1988 | 2 |
Number now | 24 |
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Combined income of the poorest 17 million Mexicans last year | 6600000000 |
Wealth of the richest single Mexican | 6600000000 |
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Ratio of income of the richest fifth to the poorest fifth of the U.S. population in 1970 | 4 to 1 |
The same ratio in 1993 | 13 to 1 |
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Combined total R&D expenditures of General Motors, Ford, Hitachi, Siemens, Matsushita, IBM, and Daimler-Benz Corporations in 1993 | $31.8 billion |
Military R&D expenditures of the United States in the same year | $43.5 billion |
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GDP of Israel in 1992 | $69.8 billion |
Sales of Exxon in 1992 | $103.5 billion |
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GDP of Egypt in 1992 | $33.6 billion |
Sales of Philip Morris in 1992 | $50.2 billion |
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Sources: United Nations Research Institute for Social Development, States of Disarray: The Social Effects of Globalization (London: UNRISD, 1995).
