The United States’ 20 wealthiest people (The 0.000006 Percent) now own more wealth than the bottom half of the U.S. population combined, a total of 152 million people in 57 million households. The Forbes 400 now own about as much wealth as the nation’s entire African-American population — plus more than a third of the Latino population — combined; more wealth combined than the bottom 61 percent of the U.S. population, an estimated 194 million people or 70 million households.
These stats are from the Middle Ages and also from the Institute for Policy Studies which acknowledges that much wealth is hidden offshore and the reality is likely even worse.
What did those 20 wealthiest, most meritorious people do to deserve such disgusting riches? The group includes four Wal-Mart heirs, three Mars candy heirs, and two Koch brother heirs. They earned their wealth by being born to wealthy parents, just like some who want to work for them, such as Donald Trump. One politician is actually one of them: Michael Bloomberg.