The Money Podcast

Billionaire Wealth up 13.4% in Pandemic


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Breaking news, according to business insider the pandemic has created 13% more billionaires! Rob wants to give you a balanced view on this in this whilst most of the internet is outraged by it.

KEY TAKEAWAYS 

  • Billionaires are up 13.4%. There are now 3000 billionaires in the world and the individual billionaires wealth is up too. On the flipside, poverty is up and median household income is down.
  • A lot of people are calling for a wealth tax. Billionaires wealth generates wealth. If you put a cap on this then it will affect their output and production.
  • A better idea would be for tax to be managed and used better. Instead of alienating the most successful people on this planet, get their advice on how to run the economy and manage money.
  • Producers make, create and retain wealth and consumers tend to lose and use wealth. If you become a creator and producer then you will create more wealth, even in a pandemic.

BEST MOMENTS 

 “There’s a new wave of younger billionaires now”

“If you put a cap on wealth you put a cap on production”

“Energy can’t be created or destroyed it merely changes form, so billionaires have figured out to change the form of energy and money”

VALUABLE RESOURCES

https://robmoore.com/

bit.ly/Robsupporter

How to Sell Anything to Anybody by Joe Girard 

 

ABOUT THE HOST

Rob Moore is an author of 9 business books, 5 UK bestsellers, holds 3 world records for public speaking, entrepreneur, property investor, and property educator. Author of the global bestseller “Life Leverage” Host of UK’s No.1 business podcast “The Disruptive Entrepreneur”

 

“If you don't risk anything, you risk everything”

 

CONTACT METHOD

Rob’s official website: https://robmoore.com/

Facebook: https://www.facebook.com/robmooreprogressive/?ref=br_rs

LinkedIn: https://uk.linkedin.com/in/robmoore1979

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