Why are billionaires booming while the rest struggle? | Counting the Cost | TheBriefWire
Why are billionaires booming while the rest struggle? | Counting the Cost
Published 24 July 2026 · world
Billionaires have nearly as much wealth than the bottom 50%. AI is boosting the global economy - but there's growing concern that not everyone will
Billionaires have nearly as much wealth than the bottom 50%. AI is boosting the global economy - but there's growing concern that not everyone will reap the rewards. At the same time, efforts to battle global poverty are stalling and even in developed countries the middle class are being squeezed by the cost of living crisis. As the rich get richer is everyone else being left behind?
Published: July 24, 2026 • 4:49 PM IST · Updated: July 24, 2026 • 5:12 PM ISTBy TheBriefWire Editorial Team
Key points· Video
Billionaires have nearly as much wealth than the bottom 50%.
AI is boosting the global economy - but there's growing concern that not everyone will reap the rewards.
At the same time, efforts to battle global poverty are stalling and even in developed countries the middle class are being squeezed by the cost of living crisis.
As the rich get richer is everyone else being left behind?
The BriefWire