What to Think about Billionaires

Why we picked it

***NOTE LOCATION: FOREST PARK SCHOOL 130 FOREST PARK DRIVE*** Future dates: **June 23, July & Aug TBA.** **What to Think about Billionaires** **Consider the following for our conversation.** **A few words about China:** In 2025 alone, mainland China minted 70 new billionaires, bringing the total to 470, according to a report by UBS, a bank. (America has 924.) These billionaires alone have amassed some $1.8trn. In the decade beginning in 2025, Chinese with a net worth of more than $5m will pass on $2.1trn, according to estimates from Altrata, a wealth-intelligence firm. Wealth is becoming more concentrated. In 2024 the top 1% in China held 30% of the wealth and the top 10% held 68%, according to estimates from the World Inequality Database overseen by Thomas Piketty, a French economist. That’s up from 16% and 41%, respectively, three decades before. **The US and the rest of the world:** From Britain and Denmark to blue state America, calls for new levies on the top 0.01 per cent of so