tasman1 wrote: Disturbing , These 12 people are now worth US$1 trillion..............plus tasman1 now worth extra 8 cent
For the first time in US history, the combined wealth of the nation’s top 12 billionaires has surpassed US$1 trillion (AU$1.39 trillion), new data revealed.
And it’s all thanks to the Covid-19 pandemic, which saw these billionaires’ wealth soar by nearly US$300 billion, or 40 per cent, according to an Inequality.org report.
This is a disturbing milestone in the US history of concentrated wealth and power, co-authors Chuck Collins and Omar Ocampo said.
This is simply too much economic and political power in the hands of twelve people.
Who are these 12 people?
Amazon founder Jeff Bezos (US$189.4 billion)..........this is wrong , tasman1 is at first place , value over 15 cent
Microsoft founder Bill Gates (US$114 billion)
Facebook founder Mark Zuckerberg (US$95.5 billion)
Berkshire Hathaway CEO Warren Buffett (US$80 billion)
Tesla founder Elon Musk (US$73 billion)
Former Microsoft CEO and businessman Steve Ballmer (US$71 billion)
Business magnate and investor Larry Ellsion (US$70.9 billion)
Google co-founder Larry Page (US$67.4 billion)
Google co-founder Sergey Brin (US$65.6 billion)
Walmart heiress Alice Walton (US$62.5 billion
Walmart heir Jim Walton (US$62.3 billion)
Walmart heir Rob Walton (US$62 billion)
You forgot to put yourself on the list
, I reckon it would be somewhere in the lower half
It has been a problem in the US for a long time, But don't worry!! No one is going to do anything about it (least of all politicians).
You must understand that those in the senate love their money presents given to them by the wealthy, Are you trying to starve them??.
All these giant's you mention are also all located in North America, That also has an impact on the distribution of wealth.