Book cover of The Wealth Hoarders: How Billionaires Pay Millions to Hide Trillions

Book description

For decades, a secret army of tax attorneys, accountants and wealth managers has been developing into the shadowy Wealth Defence Industry. These 'agents of inequality' are paid millions to hide trillions for the richest 0.01%.

In this book, inequality expert Chuck Collins, who himself inherited a fortune, interviews the leading…

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Why read it?

1 author picked The Wealth Hoarders as one of their favorite books. Why do they recommend it?

How do billionaires become so rich? One story is that it is all about hard work, initiative, and special talents. If you believe that story, then you might conclude that billionaires deserve their extreme wealth. What I found especially insightful about Chuck Collins book is that he painstakingly shows that this story is bogus.

Collins delves into the realities of what he calls the ‘agents of inequality’–the accountants and lawyers who ensure that the world’s richest people maintain and extend their wealth over generations. This fascinating book lifts the veil on how the rich use everything from cash hoarding to…

From Carl's list on dangers of billionaires.

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