djamal-soft
الاثنين، 27 يوليو 2015
The income gap between the wealthy elite and the shrinking class is bigger than it was a year ago. According to Forbes, most of the 400 richest people in the nation saw their net worth boost since this time in 2011.
Wealthier prosperous
About 12.5 percent of the economy is made up by the 400 wealthiest citizens in our country, according to NBC News. These 400 individuals, according to Forbes, saw a $1.7 trillion boost in total net worth, or a 13 percent boost, in the last year.
There has also been an increase in the typical net worth of each of the 400. It has grown to $4.2 billion per person.
There was an increase in income for 261 of the 400, mostly due to the rebounding real estate market and stock growth.
The usual suspects
The names of the rich are just as expected. Gates, Buffett, Larry Ellison, Charles and David Koch (tied for fourth) and Christie Walton are the top five people just like they were in 2011, though there was an increase in net worth.
Bill Gates, chairman of Microsoft, has headed the list for the last 19 years. He saw his worth grow by $7 billion to $66 billion. Buffett of Berkshire Hathaway, saw his worth rise by $7 billion. Larry Ellison, head of Oracle Corp, got the largest raise, however, with a rise of $8 billion.
Minority report
There was a big exception to the increasing with Mark Zuckerberg who had his net worth really cut in half when Facebook went public. He is only worth $9.4 billion now.
More of gap than people want
In a separate study last week, the Economic Policy Institute found that the gap between the richest Americans and the average family has more than doubled in the last half-century. According to the report, the nation's top one percent of earners made about 125 times that of a middle-income household in 1961. In 2010, it had escalated to a ratio of 288 to one.
The income of most Americans has declined in recent decades, according to the study. However, as we have seen, the worth of the rich elite continues to climb.
The Economic Policy Institute report learned that the gap was increased a ton since the Good Recession started, despite the fact that it has been occurring for a long time.
Wealthier prosperous
About 12.5 percent of the economy is made up by the 400 wealthiest citizens in our country, according to NBC News. These 400 individuals, according to Forbes, saw a $1.7 trillion boost in total net worth, or a 13 percent boost, in the last year.
There has also been an increase in the typical net worth of each of the 400. It has grown to $4.2 billion per person.
There was an increase in income for 261 of the 400, mostly due to the rebounding real estate market and stock growth.
The usual suspects
The names of the rich are just as expected. Gates, Buffett, Larry Ellison, Charles and David Koch (tied for fourth) and Christie Walton are the top five people just like they were in 2011, though there was an increase in net worth.
Bill Gates, chairman of Microsoft, has headed the list for the last 19 years. He saw his worth grow by $7 billion to $66 billion. Buffett of Berkshire Hathaway, saw his worth rise by $7 billion. Larry Ellison, head of Oracle Corp, got the largest raise, however, with a rise of $8 billion.
Minority report
There was a big exception to the increasing with Mark Zuckerberg who had his net worth really cut in half when Facebook went public. He is only worth $9.4 billion now.
More of gap than people want
In a separate study last week, the Economic Policy Institute found that the gap between the richest Americans and the average family has more than doubled in the last half-century. According to the report, the nation's top one percent of earners made about 125 times that of a middle-income household in 1961. In 2010, it had escalated to a ratio of 288 to one.
The income of most Americans has declined in recent decades, according to the study. However, as we have seen, the worth of the rich elite continues to climb.
The Economic Policy Institute report learned that the gap was increased a ton since the Good Recession started, despite the fact that it has been occurring for a long time.
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