Intellectual capital is the basis of the wealth of society, not resources".
"I would argue that you are valuing the company solely on the basis of the wealth management business and that you are getting the investment bank for free," said Meredith Whitney, an analyst at CIBC World Markets.
Real estate is the basis of the wealth of at least a dozen of the top 40, and Yang Huiyan's net worth of $16.2 billion would have made her the world's second-richest property developer as of February, when our world's billionaires list appeared, vastly outstripping the comparatively smallish fortune of $3 billion held by U.S. celebrity developer Donald Trump.
In today's world the financier's role has grown enormously, and this is the basis of financial wealth and its centrality to our economy.
The reason for this is straightforward: we should not discriminate on the basis of ethnicity, wealth, or educational attainment.
But there is little question, the general said, that oil will be the basis of new wealth in Iraq.
That's vexing but irrelevant; the story here is under what lights this could ever be acceptable, for British citizens to have their rights circumscribed on the basis of their wealth.
This fixture is rugby's answer to Manchester United versus Real Madrid — even when not the best teams in their respective countries, these clubs count as the biggest on the basis of support, wealth and historic achievement.
This productivity made it possible to store large surpluses against crop failures and also formed the chief basis of Egyptian wealth, which was, until the creation of the large empires of the 1st millennium bc, the greatest of any state in the ancient Middle East.
Whereas such tribes as the Crow had large numbers of horses (in a warring and buffalo-hunting culture that demanded horses) and made their possession the chief basis of individual wealth and social status, the five tribes were relatively poor in horses, and age grades provided the basis of social stratification.
