Posted by: bluesyemre | August 31, 2018

What problems could billionaires use their wealth to solve? (#infographic)


Citizens around the globe are facing a myriad of complex challenges that feel almost impossible to solve. Problems like rising real estate costs, the extraordinarily high cost of healthcare, and rapidly increasing credit card debt feel inescapable due to both the critical thinking and the collective capital needed to solve these challenges.

At the same time, the very richest in our society continue to accumulate wealth at record pace — for reference, Warren Buffett makes roughly $37 million a day. It’s not always possible to throw money at the world’s problems, but in cases like rising debt and a low minimum wage raising capital is actually the necessary solution. While the average citizen simply doesn’t have the capital to tackle large-scale issues like student loan debt and poverty, we wanted to test whether the world’s richest have the funds at their disposal to minimize or even completely solve these problems.

Using key metrics like the average billionaire’s net worth ($4.1 billion) and the total number of billionaires globally (2,208 people) we crunched the numbers to see whether billionaires could use their funds to solve some of our biggest problems.

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