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Feeling that economic science had virtually nothing useful to say about real-world issues of global wealth and poverty, he embarked on research that led to the foundation of the philosophical school known as critical realism.
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Even Krawcheck, head of global wealth and investment management at Bank of America, had issues with BofA's "cross-selling"corporate initiative.
Read more - Richest 1% of people own nearly half of global wealth, says report.
But there is a new arrival to this hottest of global wealth hotspots.
He embraced the capital's role as a hub of global wealth.
The top 1% own 48% of global wealth, but even they aren't happy.
Indeed, Russia illustrates the ebb and flow of global wealth.
You can see the shifting tides of global wealth in the enrollment register.
The remaining population accounts for just 5.5% of global wealth, and their average wealth was $3,851 (£2,544) per adult in 2014, Oxfam found.
The Boston Consulting Group (BCG), which conducts an annual survey of global wealth, found in their 2009 survey of wealth managers and clients that wealth advisors have seen a steady flow of clients' assets leave over the last few quarters.
Meanwhile, millionaires control nearly 40percentt of global wealth, according to an October report from Credit Suisse.
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