More info on the rich getting richer.
People never get tired of seeing how well a small minority of people (400 to be exact) are doing as everyone else struggles.
If you want to be on the Forbes 400 list you need at least $1,500,000,000.00. So empty out that piggy bank and start counting. Maybe this is the year you will finally make it. Last year you could have snuck on the list with a mere $1,300,000,000.00. But as we all know the rich keep getting richer, and richer, and richer. That is what happens in a tough economy. Next year don’t be surprised when the amount goes up again. So keep counting those pennies.
The 400 wealthiest Americans are worth $2,290,000,000,000.00. Think about that….. 400 people. 2.2 trillion bucks. Up $270 Billion from last years list. That = the GDP of brazil. A country of 200 million people.
The average net worth of the Forbes 400 is $5.7 Billion. $700 Million more than last year which is a RECORD HIGH. 303 people on the list have more money than a year ago (good for them). 36 people have less money (break out the violins). 26 people fell off the list (losers). 6 people died (Big time losers).
Meanwhile as the rich sit around counting their piles of money….. in the real world wages are down 23% since 2008. $93,000,000,000.00 in lost wages for the regular folk. They should have worked harder.
73% of metro area households earn less than $35,000 a year.