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Showing posts with label Wealth. Show all posts
Showing posts with label Wealth. Show all posts

September 15, 2017

The Netherlands - Economy - Individual Wealth: More millionaires in the Netherlands - by Mina Solanki

According to a report by Statistics Netherlands (CBS) based on asset figures from 2007 to 2015, the number of millionaire households in the Netherlands rose by 500 to 106.000 in 2015. The report did not look at the value of the millionaire’s residence or mortgage debt.

Of the 106.000 millionaire households, two-thirds reported employment as their main source of income. The majority of millionaires work in the agricultural industry, financial services, trade, specialised business services, or in the care industry.

About 80 percent of millionaires are entrepreneurs in one way or another, with half taking the title of managing director or major shareholder and a third being self-employed.

Coming in first with the highest percentage, 19 percent of millionaire breadwinners work in the agricultural industry, half of which are active in dairy farming businesses. Many people in this industry are self-employed, and often their money is tied up in their business, for example, in land and equipment.

Financial services came second as the industry in which the most millionaires work.

In 2015, there were 94 Dutch municipalities with 2,5 percent or more residents who had millionaire status. However, in 5 municipalities, 6 percent or more of the residents were millionaires.

The greatest number of millionaires lived in Laren, followed by Bloemendaal, Blaricum, Wassenaar and Rozendaal.

Dutch Millionaires are often married, with 71 percent having tied the knot compared to 45 percent of non-millionaires. Few, 7 percent, had also gone through a divorce, as opposed to 14 percent of non-millionaires.

Read more: More millionaires in the Netherlands

January 18, 2016

Wealth: Richest 1% will own more than all the rest by 2016 - "time to fire our political representatives"

The combined wealth of the richest 1 percent will overtake that of the other 99 percent of people next year unless the current trend of rising inequality is checked, Oxfam warned today ahead of the annual World Economic Forum meeting in Davos.

The international agency, whose executive director Winnie Byanyima will co-chair the Davos event, warned that the explosion in inequality is holding back the fight against global poverty at a time when 1 in 9 people do not have enough to eat and more than a billion people still live on less than $1.25-a-day.

Byanyima will use her position at Davos to call for urgent action to stem this rising tide of inequality, starting with a crackdown on tax dodging by corporations, and to push for progress towards a global deal on climate change.

Wealth: Having It All and Wanting More, a research paper published today by Oxfam, shows that the richest 1 percent have seen their share of global wealth increase from 44 percent in 2009 to 48 percent in 2014 and at this rate will be more than 50 percent in 2016. Members of this global elite had an average wealth of $2.7 million per adult in 2014.

Of the remaining 52 percent of global wealth, almost all (46 percent) is owned by the rest of the richest fifth of the world’s population. The other 80 percent share just 5.5 percent and had an average wealth of $3,851 per adult – that’s 1/700th of the average wealth of the 1 percent.

Note Almere-Digest: Hope our politicians are reading this because they have completely failed on a local and global scale to remedy this ever increasing global problem. Finger pointing to others for this disaster is not acceptable.

Read more: Richest 1% will own more than all the rest by 2016 | Oxfam International

January 2, 2015

Corporate Global Control: The Illusion Of Choice: These 10 Companies Are Responsible For Virtually Everything Around You

A chart via Reddit shows how ten huge corporations control the production of almost everything the average person buys, from food to clothes to hygienic products.

$84 billion-company Proctor & Gamble is the largest advertiser in the U.S. and owns enough brands to serve 4.8 million people around the world, according to LinkedIn.

Nestle is famous for its chocolate, but the $200 billion-corporation is also the biggest food company in the world. It also owns L’Oreal, Gerber, Diesel and even pet food makers Purina and Friskies.
Serving two billion people around the world is renowned soap-maker Unilever, which can attribute the majority of its success to its ownership of Q-tips and Skippy peanut butter.

For the complete report click here: The Illusion Of Choice: These 10 Companies Are Responsible For Virtually Everything Around You