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The grumpy older man

musings about life and everything it throws at us

Tag: wealth

September 18, 2024September 17, 2024

Can money buy happiness?

by Grumpy Old Man 4 Comments on Can money buy happiness?

In my previous post I looked at the distribution of wealth, which then obviously leads to the question of whether money can buy happiness. And according to recent research more seems indeed to be better. This is according to new research by Matthew Killingsworth, a senior fellow at the Wharton School of the University of […]

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September 15, 2024September 15, 2024

Global Wealth: The great divide!

by Grumpy Old Man 9 Comments on Global Wealth: The great divide!

According to the ‘Global Wealth Report‘ by UBS, a Swiss bank, 1.5% of the world’s population own 47.5% of assets, while 39.5% of the global adult population only own 0.5%. The wealth pyramid in the report clearly shows what I suppose we all already knew: That a large proportion of global wealth is concentrated in […]

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