Forget big banks and the corporate life. There’s no money in those things anymore. The private sector is so 1992. But the public sector, especially the United Nations is booming.
The United Nations Development Programme is supposed to give the developing world a leg up. Instead it’s rather clear that working for the UNDP is a fast ticket to a fat bank account. Internal statistics at the UNDP show 637 millionaires work for the organization. Another 1041 UNDP staffers have home loans between 850,000 to 1.5 million dollars.
These statistics come from UNFCU, another of the UN’s endless alphabet members, but the UNFCU is the UN employee credit union. It holds 3.5 billion dollars in assets making it the 28th largest Federal credit union in the United States. That’s a small sample of what a booming business the United Nations really is.