The grapes of wealth
Are the rich different from you and me as F. Scott Fitzgerald posited in 1926? Or do they just have more money, as Ernest Hemingway allegedly retorted? Whatever the answer, they’ve certainly become wealthier. While many of us normies have been sweating fallout from inflation and skyrocketing interest rates — buying a dozen eggs, never mind a new home, requires major budget adjustments — we can take comfort that at least the 0.001 percent are doing fine. According to the latest Oxfam International Inequality Report, the five richest men in the world have doubled their fortunes since 2020 — from a measly $405 billion to $869 billion. What do they sip as they stroke their fat white purebred cats atop piles of gold? It’s wine you won’t find at a store.