1 min readNov 28, 2019
The top three people currently owning 50% of the wealth in America,
This statement is wrong and misrepresents the linked story.
Jeff Bezos, $136B, Bill Gates, $97B, Warren Buffet $82B =$315B
The rest of the top ten =>$380B
The top three don’t even own 50% of the wealth of the top ten.
America’s total wealth is $62,584B. That means the top three own only one half of one percent of American wealth.
The top 50% own more than 99.5% of America’s total wealth.
There is inequity but the problem is bigger than the top three or the one percent it is the top 50%.
The oligarchy has a majority of both votes and money.
TEK