Economy

It’s Good to Be The King

DukeBrothers

According to Bloomberg, the world’s wealthiest people increased their holdings by $92 billion in 2014.

Two of the year’s other biggest gainers were Warren Buffett and Mark Zuckerberg of the U.S. Buffett, the chairman of Berkshire Hathaway Inc., added $13.7 billion to his net worth after the Omaha, Nebraska-based company soared 28 percent as the dozens of operating businesses the 84-year-old chairman bought over the past five decades churned out record profit. […]

Buffett passed Mexican telecommunications billionaire Carlos Slim on Dec. 5 to become the world’s second-richest person. Bill Gates, the co-founder of Microsoft Corp., was up $9.1 billion during the year. The 59-year-old remains the world’s richest person with a $87.6 billion fortune.

The number one and number two richest people on the planet are Americans because tax hikes on the rich, affordable healthcare and regulations ruined the economy. Or something.

Socialism reigns.

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