By Anon
In Swaziland, it would cost $85 million per year to reduce the poverty rate from 41% to 0%.
Swaziland’s richest man, Nathan Kirsh, is worth $4,300 million.
Could a Few Billionaires Close the World’s Poverty Gap?
Kirsh is the largest shareholder in, and is a director of, Magal Security Systems.
Magal Security Systems is the main supplier of electronic fences for the illegal security fence project in the West Bank.
Trump Tower
The world’s eight richest individuals have as much wealth as the 3.6bn people who make up the poorest half of the world.
Eight billionaires ‘as rich as world’s poorest half’.
The world’s eight richest billionaires:
1. Bill Gates (US): co-founder of Microsoft (net worth $75bn)
2. Amancio Ortega (Spain): founder of Zara owner Inditex (net worth $67bn)
3. Warren Buffett (US): largest shareholder in Berkshire Hathaway (net worth $60.8bn)
4. Carlos Slim Helu (Mexico): owner of Grupo Carso (net worth $50bn)
5. Jeff Bezos (US): founder and chief executive of Amazon (net worth $45.2bn)
6. Mark Zuckerberg (US): co-founder and chief executive of Facebook (net worth $44.6bn)
7. Larry Ellison (US): co-founder and chief executive of Oracle (net worth $43.6bn)
8. Michael Bloomberg (US): owner of Bloomberg LP (net worth $40bn)
Jews are disproportionately represented on the list of the world’s wealthiest.
Gates compared Trump to John F. Kennedy.