Why 2022 was a bad year for billionaires
The Briefing · LiSTNR
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Show Notes
We all watched in amazement as the world’s super-rich went gangbusters during the pandemic. Some of the increases in wealth were next level. If 2020 and 2021 were dream years, 2022 has been a nightmare for billionaires.
James Thomson writes the Chanticleer column in the Australian Financial Review. James explains why the pandemic was so profitable for the uber-wealthy, and why 2022 has seen some experience up to 40 percent falls in their net worth.
In today’s Briefing, why 2022 was a bad year for billionaires.
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- Medibank customer information leaked to dark web
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- Russia withdraw from Kherson
- Meta lays off 11,000 staff
- Eggs thrown at King Charles
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