Country |
Cost per year to close the poverty gap |
Wealthiest billionaire |
Net worth |
2015 poverty rate |
Post-transfer poverty rate |
Nigeria |
$12,070 m |
A. Dangote |
$14,700 m |
45% |
43% |
Swaziland |
$85 m |
N. Kirsh |
$3,900 m |
41% |
0% |
Tanzania |
$1,645 m |
M. Dewji |
$1,250 m |
40% |
39% |
Uganda |
$1,035 m |
S. Ruparelia |
$1,100 m |
33% |
32% |
Angola |
$1,277 m |
I. dos Santos |
$3,300 m |
28% |
25% |
S. Africa |
$1,068 m |
J. Rupert |
$7,400 m |
18% |
14% |
Philippines |
$648 m |
H. Sy |
$14,200 m |
12% |
3% |
Nepal |
$144 m |
B. Chaudhary |
$1,300 m |
12% |
8% |
India |
$5,839 m |
M. Ambani |
$21,000 m |
12% |
10% |
Guatemala |
$215 m |
M. Lopez Estrada |
$1,000 m |
12% |
10% |
Venezuela |
$870 m |
G. Cisneros |
$3,600 m |
11% |
9% |
Georgia |
$40 m |
B. Ivanishvili |
$5,200 m |
10% |
0% |
Indonesia |
$845 m |
R. Budi Hartono |
$9,000 m |
9% |
6% |
Colombia |
$444 m |
L. C. Sarmiento |
$13,400 m |
7% |
0% |
Brazil |
$1,223 m |
J. P. Lemann |
$25,000 m |
4% |
1% |
Peru |
$95 m |
C. Rodriguez-Pastor |
$2,100 m |
3% |
1% |
China |
$3,072 m |
W. Jianlin |
$24,200 m |
3% |
2% |
Table 2
Country |
Cost to close the poverty gap |
No. of Billionnaires |
Net Worth |
Poverty rate at $1.90/day |
Post-transfer poverty rate/n |
Nigeria |
$12,070 m |
5 |
$22,900 m |
45% |
42% |
Swaziland |
$85 m |
1 |
$3,900 m |
41% |
0% |
Tanzania |
$1,645 m |
2 |
$2,250 m |
40% |
38% |
Uganda |
$1,035 m |
1 |
$1,100 m |
33% |
32% |
Angola |
$1,277 m |
1 |
$3,300 m |
28% |
25% |
S. Africa |
$1,068 m |
7 |
$28,550 m |
18% |
2% |
Philippines |
$648 m |
11 |
$51,300 m |
12% |
0% |
Nepal |
$144 m |
1 |
$1,300 m |
12% |
8% |
India |
$5,839 m |
90 |
$294,250 m |
12% |
0% |
Guatemala |
$215 m |
1 |
$1,000 m |
12% |
10% |
Venezuela |
$870 m |
3 |
$9,600 m |
11% |
7% |
Georgia |
$40 m |
1 |
$5,200 m |
10% |
0% |
Indonesia |
$845 m |
23 |
$56,150 m |
9% |
0% |
Colombia |
$444 m |
3 |
$18,500 m |
7% |
0% |
Brazil |
$1,223 m |
54 |
$181,050 m |
4% |
0% |
Peru |
$95 m |
6 |
$8,750 m |
3% |
0% |
China |
$3,072 m |
213 |
$564,700 m |
3% |
0% |
Commentary
January 14, 2016