(Bloomberg) — Ray Dalio, founder of the $150 billion investment firm Bridgewater Associates, urged countries including the U.S. to narrow their wealth gaps, while praising China’s drive for common prosperity.Most Read from BloombergCypriot Scientist Says Deltacron Covid Variant Isn’t ErrorWorld’s Biggest Crypto Fortune Began With a Friendly Poker GameSingapore Breaks Down Covid Deaths by Vaccine, With Moderna Seeing Lowest RateDip Buyers Drive U.S. Stock Rebound After Selloff: Markets WrapCypru
— Read on ca.finance.yahoo.com/news/ray-dalio-says-u-needs-015055040.html
Tag: Wealth Gap
Charted: The Growing Generational Wealth Gap (1989-2019)
How large is the wealth gap between Millennials, Gen X, and Baby Boomers? We visualize the growing wealth disparity by generation and age.
— Read on www.visualcapitalist.com/charting-the-growing-generational-wealth-gap/
JPMorgan Chase CEO Jamie Dimon: Wealth inequality is a ‘huge problem’
The J.P. Morgan Chase CEO also deflected questions about him making $31 million in 2018, saying: “I have nothing to do with it.”
— Read on www.cnbc.com/2019/11/11/jpmorgan-chase-ceo-jamie-dimon-wealth-inequality-is-a-huge-problem.html