wealth

What Rakesh Jhunjhunwala said on how to generate long-term wealth

Ace stock market investor Rakesh Jhunjhunwala, often referred to as India’s Warren Buffett, died on 14 August. A self-made trader, investor and businessman, he was also known as ‘Big Bull’ of Dalal Street. As a qualified CA and son to an Income Tax officer, Jhunjhunwala had entered the stock market in 1985 when Sensex was … Read more

American billionaires added $1.62 trillion to their wealth over the last 13 months

These gains could signal that inequality keeps increasing during the pandemic. Over the last 13 months, American billionaires added $1.62 trillion to their wealth – a 55% increase. This was a finding in the latest report from the left-leaning Institute for Policy Studies (IPS) and Americans for Tax Fairness (ATF). Both groups have tracked billionaire gains … Read more