FORA Economy

Season 2008 Episode 0626

Billionaires and Their Impact: The Envy Economy

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Billionaires and Their Impact: The Envy Economy
AIRED:
This year Forbes magazine listed 1,125 billionaires in the world, compared to 946 in 2007 and a measly 140 billionaires in 1986, the first year of the publication's ranking. Clearly, the ranks of the billionaire class have swelled.In June, The Century Foundation hosted a three-day conference for business journalists on "Billionaires and Their Impact" as a session of the 2008 New York Times Journalism Institute, which seeks to inform and enlighten prominent journalists on important and under-reported issues.Envy Economy asks "What's it like being super-rich today? How do the merely millionaires feel in a billionaire society? What sort of personal costs and personal motivations accompany making it big in the new Gilded Age?" - The Century Foundationmoreless
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