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i'd be curious to know around what portion the 400 people are responsible for


"With a combined worth of $2.34 trillion, the Forbes 400 own more wealth than the bottom 61 percent of the country combined, a staggering 194 million people. The median American family has a net worth of $81,000. The Forbes 400 own more wealth than 36 million of these typical American families."

http://www.ips-dc.org/billionaire-bonanza/


According to that article, the 1% are worth around $26 trillion. So to answer the Muffin's question, looks like the 400 have just over 10% of the 1%er wealth.


That is the favorite to parrot around. It's not that impressive considering the large percentage of the world's population has a negative net worth.

http://blogs.reuters.com/felix-salmon/2014/04/04/stop-adding...


That quote also included the comparison to the median family net worth.


The quote says, "... the bottom 61 percent of the country combined, a staggering 194 million people." It's not comparing the number to the world's population.


Looks like about 1.9%

Estimates put the total net worth of the world's richest 1% at 140 trillion.

The Forbes 400 has about 2.7t net worth.




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