How rich do you need to be? As rich as the Forbes 400?
“Forbes” magazine has just produced its annual review of the 400 richest people in America. The magazine reveals that:
“Five years after the financial crisis sent the fortunes of many in the U.S. and around the world tumbling, the wealthiest as a group have finally gained back all that they lost. The 400 wealthiest Americans are worth just over $2 trillion, roughly equivalent to the GDP of Russia. That is a gain of $300 billion from a year ago, and more than double a decade ago. The average net worth of list members is a staggering $5 billion, $800 million more than a year ago and also a record. The minimum net worth needed to make the 400 list was $1.3 billion. The last time it was that high was in 2007 and 2008, before property and stock market values began sliding. Because the bar is so high, 61 American billionaires didn’t make the cut.”
You will find the full “Forbes” list – with names and amounts – here.
Remember: the United States is one of the countries with the most unequal distribution of wealth in the world and the nation with the highest rate of imprisonment on the globe.