Author

Andrew D. Hwang

Andrew D. Hwang

Is an Associate Professor of Mathematics, College of the Holy Cross.

COMMENTARY

The world on a billionaire’s budget

By: - July 30, 2020

The world’s wealthiest are prospering. As of February 2017, there were about 2,000 billionaires in the world. This micro-elite controls over US$7.6 trillion, an increase of 18% from 2016. A billionaire’s spending power is difficult to grasp, both because most people do not correctly intuit large numbers, and because a billion dollars far outstrips most […]