Is there any evidence that the majority of wealthy people (eg. Billionaires) will be significantly impacted (in a negative way) by climat…

My answer to Is there any evidence that the majority of wealthy people (eg. Billionaires) will be significantly imp…

Answer by Desmond Last:

The Graph illustrates the increasing cost of Climate Disasters in the U.S from 1980 to 2016.

Billion-Dollar Weather and Climate Disasters: Time Series

In a Climate Disaster a single citizen will lose his car and his home.

A billionaire will lose his factories, his stock, his transport system and his 20 bedroom house, his yacht, his classic car collection and his aircraft.

The Billionaire will have to close his factories whilst they are being rebuilt and repaired and lay-off his workers.

He may not be able to get insurance cover again and will have to sell his business at rock-bottom prices.

Man-made or not the Billionaire still has to deal with Climate Change and that includes President Trump.

Is there any evidence that the majority of wealthy people (eg. Billionaires) will be significantly impacted (in a negative way) by climat…

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