We do not know much about that 1% (Globalists); we know less about them than about the inhabitants of the Amazon region or about the surface of the Moon.
Not true.
The richest Americans are much less likely to have inherited their wealth than their counterparts in many supposedly more egalitarian countries. They’re not remarkably rich in degrees from elite universities. Rich Democrats have more social connections than rich Republicans.
These are some surprising insights from a new study of the very wealthy by Jonathan Wai of Duke University and David Lincoln of Wealth-X, based on data on 18,245 individuals with a net worth of $30 million or more.
The study portrays high-net-worth individuals as a more idiosyncratic and diverse group than reductionist cliches about “the 1 percent” might suggest.
http://news.nationalpost.com/full-comme ... ably-wrongThe extent to which people in the right tail of wealth are highly educated and cognitively able was examined in a
sample of 18,245 ultra high net worth (UHNW) individuals with net worth's of USD $30 million plus. How
education and ability related to religion, ethnicity, political affiliation, relationship status, country, industry, lead-
ership, gender, net worth, giving, and network power was assessed. And whether gender, religion, ethnicity, or
network power differences existed in the right tail of wealth was examined. Overall, these people were highly
educated and cognitively able, and smarter (more educated) people were wealthier, gave more, and had more
powerful social networks (but when controlling for multiple confounds the association between education/
ability and wealth was found to be quite small). Females were underrepresented, and female CEOs needed to
be more select to reach the top of a company. Males and billionaires gave the most, but females and UHNW
individuals gave more of what they had. U.S. Blacks and self-made females had the highest network power.
U.S. Blacks and Caucasians were similarly educated and cognitively able. Democrats had a higher education
and cognitive ability level than Republicans. Married people dominated and were the most educated and cogni-
tively able, but least likely to have inherited their money and give. The finance, banking, investment, and internet
sectors dominated. Jewish individuals were overrepresented by a factor of about 234. Today, the typical UHNW
individual profile includes U.S. married (Christian and Jewish) men who are largely Chairman and CEO, Republican, and earned their money in finance, banking and investments. This study provides evidence for the clustering
of brains, wealth and power, and suggests that elite education may matter in the trajectory of developing
expertise in wealth and power generation
https://www.psychologytoday.com/sites/d ... Wealth.pdf