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Forbes has released the latest list of Richest Persons in the World. I had some interesting insights. (In other words, am really 'vetti' now)
1. Most of the richest persons are from Developed countries (I know...I know ... this is a no-brainer)
2. The only developing economy which has the most # of richest persons in the top 100, is Russia (5) followed by India(3).
3 The other developing economies in the list of top 100 are Mexico and Brazil . China is surprisingly absent. Ah..for once we beat them :)
But this raises an interesting question - Does this mean, the economic divide is more in India than China; In other words, is income more equally distributed in China than in India ? I know, we need more data to validate this. But just a thought!
1. Most of the richest persons are from Developed countries (I know...I know ... this is a no-brainer)
2. The only developing economy which has the most # of richest persons in the top 100, is Russia (5) followed by India(3).
3 The other developing economies in the list of top 100 are Mexico and Brazil . China is surprisingly absent. Ah..for once we beat them :)
But this raises an interesting question - Does this mean, the economic divide is more in India than China; In other words, is income more equally distributed in China than in India ? I know, we need more data to validate this. But just a thought!