Sections

Commentary

January 14, 2016

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%