Tim Knowles
1 min readNov 28, 2019

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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

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Tim Knowles
Tim Knowles

Written by Tim Knowles

Worked in our nations space programs for more than 40 years

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