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cali

(114,904 posts) Mon Sep 16, 2013, 05:45 PM Sep 2013

Wow, what a recovery! 400 richest worth $2 trillion, up from $1.7 trillion last year

The 400 richest Americans are now worth a combined $2 trillion, according to Forbes.

That sets a record, Forbes said, and marks a jump from last year's total of $1.7 trillion.

The average net worth of a Forbes 400 member is now $5 billion—also the highest ever. And the costs of being part of the 400 Club rose to $1.3 billion.

But it's the $2 trillion number that remains the most interesting. The 400 richest are now worth more than the GDPs of many nations—and they are worth more than most governments spend or tax.

<snip>

http://www.cnbc.com/id/101038089

6 replies

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Wow, what a recovery! 400 richest worth $2 trillion, up from $1.7 trillion last year (Original Post) cali Sep 2013 OP

I..I can't express my deep love and joy for this news. It's like the whole world is now.... BlueJazz Sep 2013 #1

I recently bought a greeting card enlightenment Sep 2013 #2

Now they no longer have to suffer with only one Mercedes! CoffeeCat Sep 2013 #3

400 people got what amounts to... awoke_in_2003 Sep 2013 #4

But that's only 3/4 of a billion apiece. postulater Sep 2013 #5

I would say the Republican house has been 100 % effective Johonny Sep 2013 #6

BlueJazz

(25,348 posts)

1. I..I can't express my deep love and joy for this news. It's like the whole world is now....

Reply to cali (Original post)

Mon Sep 16, 2013, 05:50 PM

Sep 2013

...our oyster. The long hard journey is over. The Gods are smiling tonight.
.
.
.

enlightenment

(8,830 posts)

2. I recently bought a greeting card

Reply to BlueJazz (Reply #1)

Mon Sep 16, 2013, 05:53 PM

Sep 2013

with a very similar picture on the front.

Inside it reads: "Right before the ferrets came."

One can only hope for rabid ferrets for the 1%.

CoffeeCat

(24,411 posts)

3. Now they no longer have to suffer with only one Mercedes!

Reply to cali (Original post)

Mon Sep 16, 2013, 05:54 PM

Sep 2013

They can buy a whole fleet now, plus the emerald-encrusted hubcaps.

Seriously. This will really help our economy.

(I heard President Obama on one of the Sunday talk shows, discussing how 95 percent of the recovery growth went to the one percent. Something is very wrong. Something is rotten in Denmark. Something HAS to change. What we're experiencing now are the exact precursors that came before the Great Depression).

awoke_in_2003

(34,582 posts)

4. 400 people got what amounts to...

Reply to cali (Original post)

Mon Sep 16, 2013, 05:56 PM

Sep 2013

a $300 billion pay raise. Ain't that America.

postulater

(5,075 posts)

5. But that's only 3/4 of a billion apiece.

Reply to cali (Original post)

Mon Sep 16, 2013, 08:25 PM

Sep 2013

Poor people.

Johonny

(20,862 posts)

6. I would say the Republican house has been 100 % effective

Reply to cali (Original post)

Mon Sep 16, 2013, 08:47 PM

Sep 2013

the recovery has helped the people that back them to a T. I will never understand why so many people vote for people that so clearly don't care about them or their needs at all.

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