Wealth

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Rep. Alexandria Ocasio-Cortez argued that individuals cannot legitimately earn a billion dollars through their own efforts. She made the comments during a podcast interview and followed up with a post on X.

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China has overtaken the United States to reclaim its position as the world's billionaire capital, according to the annual report released by Hurun Group on Thursday, with 1,110 billionaires out of 4,020 globally. The country added 287 billionaires since the previous edition, more than recouping its losses over the last three years.

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