This article is an orphan, as no other articles link to it. Please introduce links to this page from related articles; try the Find link tool for suggestions. (October 2021)
The Wealth Defense Industry (also known as Corporate Wealth Defence) is described as "an army of lawyers, consultants, accountants, and more who get paid millions to help their clients hide trillions" - and is generally thought of as a vanguard of economic and legal actors involved in sustaining and hiding activities which hoard wealth from a wider (poorer) community, be it a nation, area or government.[1][2] This can be done legally. Chuck Collins, heir to the Oscar Mayer fortune has somewhat confirmed the existence of The Wealth Defense industry and advocates against them on moral and emotional grounds.[1] The language describing the phenomena originates within the political and behavioral sciences.[3][2]
A ProPublica report on wealth inequality in regards to the richest people of the world is often cited as having shown the mechanisms of the modern wealth defense industry.[4][1] Philanthropist Chuck Collins is a key advocate regarding being a client of The Wealth Defense industry, having written a book on the topic, titled "The Wealth Hoarders: How Billionaires Pay Millions to Hide Trillions".[5]
^ abcKroll, Andy (2021-06-22). "Inside the Shadowy Industry Where the Uber-Rich Pay Millions to Hide Trillions". Rolling Stone. Retrieved 27 June 2021.
^ abAjdacic, Lena; Heemskerk, Eelke M.; Garcia-Bernardo, Javier (2020-09-21). "The Wealth Defence Industry: A Large-scale Study on Accountancy Firms as Profit Shifting Facilitators". New Political Economy. 26 (4): 690–706. doi:10.1080/13563467.2020.1816947. ISSN 1356-3467. S2CID 225345355.
^Cite error: The named reference WINTERS was invoked but never defined (see the help page).
^Kiel, Jesse Eisinger,Jeff Ernsthausen,Paul (8 June 2021). "The Secret IRS Files: Trove of Never-Before-Seen Records Reveal How the Wealthiest Avoid Income Tax". ProPublica. ProPublica. Retrieved 27 June 2021.{{cite news}}: CS1 maint: multiple names: authors list (link)
^Collins, Chuck (2021-04-12). The Wealth Hoarders: How Billionaires Pay Millions to Hide Trillions. Wiley. ISBN 978-1-5095-4348-9. Retrieved 27 June 2021.
and 26 Related for: Wealth defense industry information
The WealthDefenseIndustry (also known as Corporate Wealth Defence) is described as "an army of lawyers, consultants, accountants, and more who get paid...
that higher rates of mental disorders were the consequence of excessive wealth-seeking in consumerist nations. In a graph created from multiple data sources...
2010, the French had an estimated wealth of US$14.0 trillion for a population of 63 million. In terms of aggregate wealth, the French are the wealthiest...
The defence industry sector of India is a strategically important sector in India. India has one of the world's largest military forces with a strength...
handed over to TWF. In addition to the companies, 3 billion liras worth DefenseIndustry Support Fund (Turkish: Savunma Sanayii Destekleme Fonu) were transferred...
Credit Suisse, Indonesia has national net wealth of approximately $3.199 trillion, or about 0.765% of world net wealth, placing Indonesia at 17th, above Russia...
97 billion) annually. The government owns and operates several sovereign wealth funds that invest in local companies and also foreign companies. One such...
the Israel Defense Forces and its development of talent which then fuels the high-tech industry upon discharge. In recent years, the industry has faced...
issue. As of late 2000s, the defenseindustry of Azerbaijan has emerged as an autonomous entity with a growing defense production capability. The ministry...
The list of richest Indians by net worth based on an annual assessment of wealth and assets compiled and published by Forbes magazine. As of April 2023,...
exported in 2019. The service sector contributes around 70% of the total GDP, industry 29.1%, and agriculture 0.9%. Exports accounted for 50.3% of national output...
December 2017. Carey, Glen; Shahine, Alaa (17 May 2017). "Saudi wealth fund starts defense company to meet military needs". Bloomberg. Retrieved 19 December...
The Defense Intelligence Agency (DIA) is an intelligence agency and combat support agency of the United States Department of Defense, specializing in defense...
Istanbul has both the largest GDP and GDP per capita in Turkey. The country's wealth is mainly concentrated in the northwest and west, while the east and southeast...
Foundation Tobacco Institute National Defense Industrial Association National Rifle Association of America Aerospace Industries Association Airports Council International...
Aitoro, Jill (December 17, 2019). "DARPA head resigns, moving on to industry". Defense News. Kennedy, Merrit (March 8, 2019). "U.S. Air Force Secretary Heather...
there are over 2,200 U.S. dollar billionaires worldwide, with a combined wealth of over US$9.1 trillion, up from US$7.67 trillion in 2017. According to...
wealth funds, pension funds, corporations, foundations and endowments, and individual investors around the world. According to the Sovereign Wealth Fund...
business administration from the Hebrew University. He served in the Israel Defense Forces' elite unit Sayeret Matkal where he was a member of Ehud Barak's...
large-scale industry, finance, and advertising, now reduce its effectiveness. In The Theory of Moral Sentiments (1759) and in The Wealth of Nations (1776)...
several years has had an increase of 35% since 2016, from 34% to 46%. The wealth inequality in Silicon Valley is more pronounced than in any other region...
country in Asia by nominal per capita income. Israel has the highest average wealth per adult in the Middle East.The Economist ranked Israel as the 4th most...
Greater Crypto Wealth". Forbes. Retrieved February 12, 2023. Szalay, Eva (September 1, 2021). "Seasoned investors pile into the industry behind new currencies"...
In the United States, the automotive industry began in the 1890s and, as a result of the size of the domestic market and the use of mass production, rapidly...
innovations in manufacturing, such as the establishment of a machine tool industry, the development of methods for manufacturing interchangeable parts, as...
Global Information