Inside Labour | Gambling vultures prey on the poor

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As increasing numbers of the poor continue to be cast on to the unemployment scrapheap of capitalism globally, the gap between working people and the megarich grows ever wider. Picture: Supplied
As increasing numbers of the poor continue to be cast on to the unemployment scrapheap of capitalism globally, the gap between working people and the megarich grows ever wider. Picture: Supplied

BUSINESS

There continues to be much talk about how unequal our society is, and how our wage and welfare gap is the biggest in the world. But how many people are aware that there are perhaps 30 South African billionaires? Or that, for the most part, those billionaires seem to have retained their billionaire status throughout the lockdown and economic stress?

It does help, of course, if one inherits great wealth, along with a functioning business empire. So it is hardly surprising that Nicky Oppenheimer, son of industrialist and philanthropist Harry and grandson of Anglo American founder Ernest, tops the list.

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