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futurebeachbum

Beach Fanatic
Jul 11, 2005
1,100
375
70
Snellsburg, GA
www.myfloridacottage.com
So says Forbes in this article.

he richest people in the world have gotten poorer, just like the rest of us. This year the world's billionaires have an average net worth of $3 billion, down 23% in 12 months. The world now has 793 billionaires, down from 1,125 a year ago.

I'm not sure I am going to take this at face value. The amount of money in the world has increased in the past couple of years and it has gone somewhere. I'm pretty sure that I have less than I did 2 years ago, so it didn't come to me.
 

30ashopper

SoWal Insider
Apr 30, 2008
6,845
3,471
59
Right here!
I suppose it depends on how much he intends to spend and what he intends to spend it on.
 

Miss Critter

Beach Fanatic
Mar 8, 2008
3,397
2,125
My perfect beach
Then there's this viewpoint, from today's Parade magazine:

Why We Gave Away Our Home

Sometimes the things we believe are holding our families together really aren't. Need proof? Let me share our story. My family is a fairly typical American foursome: My wife, Joan, and I live in Atlanta with our two teenagers, Hannah, 17, Joseph, 15, and two dogs. The kids play baseball and volleyball, and we like to ride bikes and take vacations together. Financially, we have more than most -- as a result of hard work, good education, and career luck.

Ten years ago, we moved into our dream house -- a spacious, three-story historic home -- thinking it would bring us the joy we desired. It was a beautiful place, but as our children grew up, our sense of togetherness began to fade away. In the big dream house, we scattered in different directions. When we sat down at dinner, our conversations centered more often on to-do lists than on anything meaningful. On weekends, as we drove from activity to activity, the TV in the back seat kept the kids entertained and our family from connecting. Was money the problem? Probably not. But it certainly wasn't making our lives any richer. So we did something audacious. Nuts, really.

One day when Hannah was 14, she became upset about the disparities between the world's haves and the have-nots. She challenged us to be "a family that makes a difference in the world, even if it's a small difference." Joan asked her, "What are you willing to sacrifice? Your house? Your room?" Hannah said yes to both. After talking it over as a family, we decided to sell our house and move to one that was half its size and price --and donate the difference to charity.
Why We Gave Away Our Home | Parade.com
 

Beauty hunter

Beach Fanatic
May 3, 2009
1,206
158
Nice post Ms. Critter :wave:
It's nice to see that people take care of what is best for them first and then to help others. A common misconception is to do the opposite which causes you to run out of resources sooner than later. If you don't have canned goods in your cabinet, you can't give any canned goods away. We have to take care of ourselves in order to be able to take care of others. Always posting interesting articles. :D There I go , looking for the truth in the situation, don't you just hate it? If you disagree with me just talk behind my back, don't feel like explaining anything today.:wave:
 

scooterbug44

SoWal Expert
May 8, 2007
16,706
3,339
Sowal
I thought they got poorer because so much of their "wealth" was in stocks and real estate etc. that lost a great deal of their value.
 

Miss Critter

Beach Fanatic
Mar 8, 2008
3,397
2,125
My perfect beach
Nice post Ms. Critter :wave:
It's nice to see that people take care of what is best for them first and then to help others. A common misconception is to do the opposite which causes you to run out of resources sooner than later. If you don't have canned goods in your cabinet, you can't give any canned goods away. We have to take care of ourselves in order to be able to take care of others. Always posting interesting articles. :D There I go , looking for the truth in the situation, don't you just hate it? If you disagree with me just talk behind my back, don't feel like explaining anything today.:wave:

No "back-talking" necessary, BH. You explained it very well, and I agree 100%. :D
 

Matt J

SWGB
May 9, 2007
24,862
9,670
Am I the only one who feels little sympathy for someone who loses 23% of $3,000,000,000.00 versus someone who loses the same percentage of $30,000.00

The end result:

$2,310,000,000.00
$23,100.00
 

Beauty hunter

Beach Fanatic
May 3, 2009
1,206
158
:bow:All due respect to you Ms. C(see),

Sometimes I make "if the shoe fits" statements that have nothing to do with the poster, but with the topic at hand. Speak on! :love:
 
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