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2024-06-20 11:27:51

Yogthos on Nostr: From 2021 to 2024, the total wealth controlled by billionaires in China’s mainland ...

From 2021 to 2024, the total wealth controlled by billionaires in China’s mainland declined by 47%, from $2.5 trillion to $1.3 trillion.

Despite this large drop in wealth at the very top, the Chinese economy has continued to grow significantly, and income has continued to rise at the very bottom, during this time. All these things cannot be said of “developed” Western countries.
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