Tuesday, October 25, 2011

Gaddafi was the richest man in the world?? By far?

There is buzz that as Libya stakes stock of the recent happenings they are adding up Gaddafi's wealth and the number being thrown around the Internet is $200 Billion. Yes. This would make him the richest person on Earth.

We know he was rich but I guess people are only now able to appreciate the scope of his investments and holdings.

I still don't know how I feel about it. I always assert that there is lots of wealth in many African countries, but the distribution of wealth is wack.  The L.A. Times writes:
 Revelation of the stunning size of the portfolio may stir anger among Libya's 6.5 million people — about one-third of whom live in poverty. 

They go on to say:
Kadafi was sending vast sums abroad "at a time when Libyans were struggling for the money they needed for schools, hospitals and all sorts of infrastructure," said one person close to the council, who spoke on condition of anonymity because the investigations are ongoing.
Not to be a complete jerk about this but...at a time when America is struggling for money for schools, hospitals and rebuilding and maintaining infrastructure, the people at the top as a collective continue to horde money and adopt policies to ensure that the hoard continues to grow. Oh and poverty in the States is around 20% (ranging from 15-22% across the nation). I think the more I examine an oppressive dictator, the more I am able to acknowledge the current oppression in the U.S.

I'm sure there are a number of really rich people pissed to the nines at that $200B figure, but plotting on how they can "get their Gaddafi on". I'm just saying.
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