Wednesday 25 January 2012

Billionaires Occupy Davos as 0.01% Bemoan Income Inequality

Ukrainian billionaire Victor Pinchuk wants to talk about income inequality. So does Irish billionaire Denis O’Brien and Indian billionaire Vikas Oberoi.

The three are among a contingent of at least 70 billionaires who are joining more than 2,500 business and political leaders at the World Economic Forum’s annual meeting in Davos, Switzerland, this week, according to a list of attendees and promotional materials obtained by Bloomberg News. A half-dozen of the richest participants, interviewed in advance of the conference, say economic disparity needs to be addressed.


The best way to address tensions over income inequality, Pinchuk said, is for conference-goers and complainers to chat.
“The Davos men are ready for such a dialog, even more than the occupiers,” he said ...

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