The Wealth Hoarders, Chuck Collins
The Wealth Hoarders, Chuck Collins
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The Wealth Hoarders
How Billionaires Pay Millions to Hide Trillions

Author: Chuck Collins

Narrator: Paul Heitsch

Unabridged: 6 hr 55 min

Format: Digital Audiobook Download

Publisher: Tantor Media

Published: 01/25/2022


Synopsis

For decades, a secret army of tax attorneys, accountants and wealth managers has been developing into the shadowy Wealth Defense 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 players and gives a unique insider account of how this industry is doing everything it can to create and entrench hereditary dynasties of wealth and power. He exposes the inner workings of these "agents of inequality", showing how they deploy anonymous shell companies, family offices, offshore accounts, opaque trusts, and sham transactions to ensure the world's richest pay next to no tax. He ends by outlining a robust set of policies that democratic nations can implement to shut down the Wealth Defence Industry for good.

This shocking exposé of the insidious machinery of inequality is essential listening for anyone wanting the inside story of our age of plutocratic plunder and stashed cash.

About Chuck Collins

Chuck Collins is a senior scholar at the Institute for Policy Studies in Washington, DC, where he directs the Program on Inequality and coedits Inequality.org. His previous books include Born on Third Base and Wealth and Our Commonwealth (with Bill Gates Sr.).


Reviews

Goodreads review by Larry on July 30, 2023

This book was published in 2021, but the story begins in 1983 when Chuck Collins realized he was going to inherit a substantial amount of money at the age of 25. He had to choose which road he was going to go down as a wealthy individual. This book is a startling story of the decision that he made,......more

Goodreads review by Guillaume on October 24, 2021

Too skimpy on details. Will try The Finance Curse next.......more

Goodreads review by Brian on May 28, 2021

Attempts to expose the industry around defending and hiding the wealth of the 0.01%, but I was mostly just bored.......more