The September 16, 2013 update of Forbes magazine’s super rich reported that the 400 wealthiest Americans are worth just over $2 trillion. This is equal to the gross domestic product (GDP) of Russia and represents a doubling of their combined net worth since 2003. Thus, five years after the financial crisis bankrupted many in the US and the globe, the rich are getting richer: a lot richer. The average net worth of the billionaires on the Forbes 400 list is an astonishing $5 billion: an increase of 800 million in one year. In fact, the rich have become so wealthy that 61 billionaires failed to make the cut; they were omitted from Forbes’ list because, to enter the exclusive club of the super rich in 2013, one’s net worth must at least be $1.3 billion. - How much more disgusting can you get????
Posted on: Wed, 25 Sep 2013 06:33:16 +0000
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