Robert Peston

Yeah, well, there we go.

I think at the moment where we recognize ourselves as two grumpy old men putting the world to rights.

We do, we do.

Nick, thank you so much for joining us.

That was an absolutely fascinating conversation.

And that's it for this episode of The Rest Is Money.

Goodbye.

You came up with a proposal to impose a 2% annual levy.

Frankie, it's the beginning of the solution.

If...

And with me, Robert Purston.

He is.

And actually, the G20, which are the 20 most powerful nations in the world, actually commissioned him to come up with a report about how a wealth tax on the billionaires would work.

And I think the important thing to say about him is he's one of a sort of trio of these immensely distinguished.

They're all French, actually, economists.

It's Thomas Piketty, Emmanuel Sayers and him who know more about who owns the world's wealth and have the most interesting ideas about how we can end what many would see as a scandal that they pay so little tax.

So here's our conversation with Gabriel Zuckman.

So just to summarize, 3,000 households control or, you know, have wealth equivalent to 17% of global income.

Correct.

Exactly.