Hedge Funds and the New Ruling Class

Chrystia Freeland shadows the C-Suites in “Plutocrats” - and concludes that the “new global super-rich,” including hedge fund managers, are building extraordinary wealth at the expense of everyone else.

By Ben Baris

The global super-rich continue to get richer. According to socioeconomic intelligence firm Wealth-X, there are now 2,160 billionaires in the world, up 9.4 percent since 2011, and the wealth attributed to them is a stunning $6.2 trillion, up 14 percent from just a year ago.

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