Forbes 500 List Reveals A Disturbing Truth About Our Economy

The Forbes 500 is still, as The New York Times described it in 1987, "a gossipy ranking of the country's richest people." Increasingly, those people are from the financial industry....

The Forbes 500 is still, as

Finance — banking, investing, hedge funds and private equity — accounted for 14 percent of the world’s 500 richest people in 2015, as listed by Forbes on Monday.

Andrew Burton via Getty Images

It’s gossipy, sure, but Forbes’ catalogue of the giga-wealthy is useful gossip. It’s what financialization looks like, in list form.

Source: The Huffington Post (8282 Articles)
Written by Ben Walsh