“A Disturbing Milestone”: America’s Top 12 Plutocrats Now Own $1 Trillion in Wealth
For the first time in history, the 12 richest individuals in the United States collectively hold over $1 trillion in wealth.
For the first time in history, the 12 richest individuals in the United States collectively hold over $1 trillion in wealth.
Welcome to MintCast, the official MintPress News podcast hosted by Mnar Muhawesh. MintCast is an interview podcast featuring dissenting voices, independent researchers, and journalists the establishment would rather silence.
Many of the world’s super wealthy are trying to wait out the COVID-19 pandemic on their luxury yachts. But how to get to them without interacting with the public and catching the virus themselves? Such are the difficult quandaries only billionaires have to deal with. Fortunately, financial news outlet Bloomberg has solved the big question of the current era.
A new report from the Institute for Policy Studies found that, while tens of millions of Americans have lost their jobs during the coronavirus pandemic, America’s ultra-wealthy elite have seen their net worth surge by $282 billion in just 23 days.