Total billionaire wealth in the EU reached €2.4 trillion by late November, exceeding Italy's entire GDP of €2.2 trillion and approaching France's €2.9 trillion economy, a new Oxfam report found.
  • dubyakay@lemmy.caEnglish
    42·
    2 days ago

    I was just playing along with their use of language. Irregardless, it doesn’t strike me as Xi would be among billionaires.

    • thethunderwolf@lemmy.dbzer0.comEnglish
      2·
      15 hours ago

      Actually Xi is probably the richest person on earth.

      Why? Because China is the world’s 2.5th biggest economy (2nd only to the US when counting countries, but the EU is richer than China and is often counted), and it’s the biggest dictatorship (for now, since the US is at risk of dictatorship). Being a dictator, he COULD just sell parts of the country and I’m pretty sure he wouldn’t be stopped if he tried. And when something can be sold and thus converted to money, it counts as wealth.

      • dubyakay@lemmy.caEnglish
        11·
        10 hours ago

        It’s a good thing then that he uses his power to redistribute wealth, alleviating poverty and building infrastructure.