Yet again, Forbes has released their “Richest List” for 2011.
The combined wealth of the top 10 listed above amounts to 406.1 billion Dollars. And according to Forbes, the total net worth of the 1,210 billionaires listed is roughly 4.5 trillion Dollars.
Just to put things in perspective (because I have no idea, sincerely, of what 4.5 trillion dollars represent), I checked this Wikipedia entry of Heavily Indebted Poor Countries and found this tidbit: “The IMF estimates that the total cost of providing debt relief to the 40 countries currently eligible for the HIPC program to be around $71 billion (in 2007 dollars)”.
I guess this is what heavy concentration of wealth looks like.
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