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Tag: wealth inequality

Paying Musk, irrational exuberance and inequality

Posted on January 1, 2026 By admin
Paying Musk, irrational exuberance and inequality

Despite the headlines, Elon Musk might never make a trillion dollars. The Tesla CEO would only receive this astronomical amount if he were to meet a set of incredibly ambitious goals, which includes increasing the stock value of the company to $8.5 trillion, selling 20 million vehicles and one million robots. It seems the stuff…

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G20 Report: India’s top 1% grew its wealth by 62% since 2000

Posted on November 4, 2025 By admin
G20 Report: India’s top 1% grew its wealth by 62% since 2000

Image for representation only | Photo Credit: Getty Images/iStockphoto India’s richest 1% expanded its wealth by 62% between 2000 to 2023, according to a report commissioned by the South African Presidency of the G20. The study, led by Nobel laureate Joseph Stiglitz, warns that global inequality has reached “emergency” levels, threatening democracy, economic stability, and…

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