If I were an investor, I would invest in sour grapes, cause there's gonna be a whole lot of them coming down the pike here soon. In my opinion, the world is going downhill, so the good part of this is that these guys are getting rich just as everything is really starting to suck. So there.
The rich keep getting richer, both here in the United States and especially in the world's emerging markets.
Public and private investments controlled by the richest families are expected to more than double in value to $202 trillion by 2020, from $92 trillion this year, according to survey of millionaires in 25 countries by Deloitte LLP.
Meanwhile the ranks of families with more than a million dollars will also increase, by two-thirds to 55.5 million in the developed world. They will more than double to 10 million in emerging markets such as China, India and Brazil.
[msnbc.com]
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