The World's Billionaires control Six Trillion


Some observers say we're in a new gilded age; wealth hasn't been this concentrated in the hands of so few since the Carnegies, Rockefellers and Vanderbilts at the turn of the 20th century. But why?

Financial advisor Rich Rosso says the markets have gone wild since the Presidential election.

"Most individuals are not invested in the stock market as much as they were before. The wealth seems to have been accumulated based on central bank actions."

Rosso says the high rollers on Wall Street are playing a game you're not able to play.

"It's sort of like playing a game and two people are passing a ball back and forth and you're in the middle and you can't catch it; they're throwing it above your head."

Rosso says the Billionaires will likely continue to increase their wealth this way.

"People in say the one or two percent of wealth of the population are gonna continue to grow and the rest of us are just trying to catch up; that's just the way it is."

Rosso says your 401k will never generate the wealth the high rollers are getting. A report claims the world's 1,542 billionaires control $6-trillion.


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