Wealthy

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Wealthy

Describing a person or entity with strong financial resources. There is no strict definition of how much one needs to have in order to be "wealthy," but, in general, it refers to one with more money or assets relative to others in a society. The wealthy drive economic growth. Some believe this ought to be encouraged, as it eventually makes the remainder of society wealthier; others, however, believe growth is strongest when the needs of multiple classes are balanced. A few others believe wealthy persons ought to have most of their resources confiscated and redistributed, but this is a minority opinion.
References in periodicals archive ?
The report further stated that the United States is the wealthiest country in the world with a total wealth of USD 62,584 billion.
t l Ora, set to release a second album later this year, is 11th in the list of wealthiest young musicians.
Furthermore, on the "The World's Billionaires" list, Amazon founder and CEO Jeff Bezos came in the first place as the world wealthiest person, with a net worth of $127.3bn, increasing by $1.1bn from the 2017 list.
The analysis indicated the wealthiest Americans will see a $31 billion tax cut if the Obamacare replacement measure is approved, with the wealthiest 1 percent reaping as much as 96 percent of the benefit.
North America, with $51 trillion in private wealth, remained the world's wealthiest region in 2014.
Discord breaks out when the landlord of the pub reduces the weekly bill by PS20 because the greatest savings are made by the wealthiest members of the group.
Four more United players are among the 24 Premier League stars featured on a list of the 100 wealthiest sportsmen in Great Britain and Ireland.
The government says it has messaged each of the wealthiest 10 percent of Iranian households asking them to drop out of the country's welfare program to save money.
| WASHINGTON, March 31 (KUNA) -- US President Barack Obama urged Congress on Saturday to pass the Buffet Rule, which increase taxes on the wealthiest Americans, a point of contention with Republicans on Capitol Hill.