Jeff Bezos And Bill Gates Are The Wealthiest Men In The World
Start writing a post
Politics and Activism

Jeff Bezos And Bill Gates Are The Wealthiest Men In The World

The income gap between the top 1% and the lower class is wider now than any other time period.

528
Jeff Bezos And Bill Gates Are The Wealthiest Men In The World
@jeffbezos / Instagram

Last week, I came across Bill Gates’s net worth which was about 90.5 BILLION USD. My jaw dropped. I knew he was rich. I just never realized how rich. Let me tell you. According to his net worth, he earns about $23,000 per minute. Yeah, you read that right. PER MINUTE.

Then I came across a headline that said something along the lines of “Bill Gates is no longer the wealthiest man in the world.” My jaw dropped again. If 90.5 billion USD wasn’t the highest net worth, what was?

Jeff Bezos.

If you have no idea who that is, I didn’t know either. Until I realized he is the CEO of Amazon. His net worth is 128.7 BILLION USD, which is approximately $36,000 per minute. Yes, once again, you read that right. It’s okay if you have to take a few moments to take that all in.

I was pretty shook, too.

The weird thing is, I was reading about Bill Gates’s net worth from a chapter in a sociology textbook about social stratification, the subfield of sociology that examines inequalities among individuals and groups. And his net worth in 2016 was 75 billion USD. In only 2 years, his net worth increased by more than $15 billion.

And yeah, so who cares if they have all the money if I’m doing just fine? (Pretty funny story actually, I make about $0.25 a minute LOL). The issue is they keep getting richer, which, to be quite honest, they don’t need to get any richer while everyone else is scattered somewhere in the middle class just trying to pay off their student loans. And I don’t understand how that makes any sense. How is it possible that a couple people acquire the wealth of about 60% of America? I don’t get it.

I don’t have anything against Bill Gates or Jeff Bezos, but I do have an issue with the unbalanced economy that we will live in. Those at the top benefit at the expense of those at the bottom, but like how does that make any sense?

The income gap between the top 1% and the lower class is wider now than any other time period and every other developed country in the world. Reports have warned that the widening of the income gap is inevitable. So if you didn’t know how bad it was in 2018, here you are. Catch me in a couple years. It’ll probably be worse.

Report this Content
This article has not been reviewed by Odyssey HQ and solely reflects the ideas and opinions of the creator.
Featured

7 Fun Facts About The Eiffel Tower

The iconic landmark is reinventing itself with a splashy new color.

349
Eiffel Tower

Soon, the 2024 Summer Olympics are coming to Paris, and the Eiffel Tower will be in the spotlight.

Embedded so much into Paris's identity, the iconic landmark is no stranger to historic events and world-class gatherings over the years. It is sure to shine again.

Keep Reading... Show less
Featured

Blue Skies Weren't Always Blue

You don't just start as the person you are meant to be; there is a journey full of ups and downs that mold a person, so this is my journey.

988
Blue Skies Weren't Always Blue

Overall I'd love to say I grew up a happy overly enthusiastic child that was taught to love herself and be loved by everyone else, but I can't say that and I never will. My smile wasn't always as bright as it is today, but this is the story behind my smile, the story about how I got here to the happiest place I'll ever be. I'll begin at freshman year of high school.

Keep Reading... Show less
Featured

The Heart Wants what the Heart Wants

Just remember sometimes it is gonna hurt, whether we want it to or not!

3929
The Heart Wants what the Heart Wants
Where to start...... Let me start with the cliche that life throws us curveballs and what we do with it is what counts.

One day he walked into my life. UNEXPECTED! And one day he walked out!

Keep Reading... Show less
Content Inspiration

Top 3 Response Articles of This Week

See which conversations rose to the top on Odyssey this week!

4312
Pixabay

New response writers means exciting new conversations on Odyssey! We're proud to spotlight our talented creators and the topics that matter most to them. Here are the top three response articles of last week:

Keep Reading... Show less
Featured

Heart on a Wet Sleeve

No one prepares you for the honeymoon phase wearing off

5931
Heart on a Wet Sleeve

Let's start off with the simple fact that God made everyone differently. That statement could not be more evident. We try to embrace our differences and set ourselves apart from the rest of the world. What that doesn't prepare us for is when we yearn for a characteristic of someone else. For example, have you ever met someone who can experience this great heart ache and hardly shed a tear? This person just had their heart ripped out and they find a way to carry themselves through it with great composure. Well, not all of us have that desirable trait. Some of us wear our hearts on our wet sleeves. When a person has their heart on their sleeve, it can be viewed as a good thing, that the individual isn't shallow. However,

Keep Reading... Show less

Subscribe to Our Newsletter

Facebook Comments