richie rich

richie rich

The Gap Between Rich and Poor is Only Getting Wider

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Richie Rich Gets Richer (2012): As countries like Greece and Spain struggle under massive debts that are impoverishing its people, the financial elite around the world are getting richer and richer. This report explores the ever-widening gap. For similar stories, see: The Panama Papers: Secrets Of The Super Rich https://www.youtube.com/watch?v=BBmLMVHzrX4 Has Wall Street Created Another Housing Crisis? https://www.youtube.com/watch?v=7V1IMBzH2J8 Canada Overwhelmed By 100,000 Chinese Millionaire Immigrants https://www.youtube.com/watch?v=fTPym5VHI4c Subscribe to journeyman for daily uploads: http://www.youtube.com/journeymanpictures For downloads and more information visit: https://www.journeyman.tv/film/5565/richie-rich-gets-richer Like us on Facebook: https://www.facebook.com/journeymanpictures Follow us on Twitter: https://twitter.com/JourneymanVOD https://twitter.com/JourneymanNews Follow us on Instagram: https://instagram.com/journeymanpictures "There are customers that have up to 100 vehicles in their garage", Torsten Muller-Otvos from Rolls Royce tells us. Each one costs around half a million Euros and yet last year Rolls Royce sold more cars than ever before in their 100-year history. Since 2009 the rich have become on average 6% wealthier around the world. So while one in six Americans now has no health insurance, Manhattan's 58 billionaires have made more profit. In Switzerland, tax packages and bank secrecy have made it a haven for the super-rich. Ingvar Kamprad, owner of Ikea, "is worth 50 billion francs, but only pays 200,000 francs of tax a year. Yet he makes 90 million every single day." Despite their massive income the super-rich aren't too happy about the idea of their tax loopholes being closed. In their minds they contribute to the state, even if it's not through taxes."I know a lot of rich friends who have charities.They do give back to the community." But as the Western world struggles through a financial crisis, the parallel world of the globe-trotting elite continues to escalate and according to all forecasts, the gap between the financial top and bottom is only going to get bigger. ORF – Ref. 5565 Journeyman Pictures is your independent source for the world's most powerful films, exploring the burning issues of today. We represent stories from the world's top producers, with brand new content coming in all the time. On our channel you'll find outstanding and controversial journalism covering any global subject you can imagine wanting to know about.