Tech Rich Get Richer

theodp writes "The economy is improving, at least for the super rich. After two years of declines, the aggregate net worth of the U.S.'s wealthiest 400 citizens leapt 10% in the past year to $995 billion, according to Forbes' annual ranking. The gains are part of a continuing shift in wealth from the East coast to the tech-centric West. Bill Gates capped off a decade in the top spot after his fortune increased by $3B to $46B. Microsoft co-founder Paul Allen held onto 3rd place, his net worth rising $1B to $22B. Amazon's Jeff Bezos, who saw his fortune expand by more than $3B to $5.1B, was the top gainer on the list. And with a measly $1.4B, Jerry Yang of Yahoo! found himself in a 16-way tie for 162nd place."

Comments

Re:Yes, the way to help the economy is cut taxes.

[murphj]

Yeah, I'm real outraged about the injustice of the people who control 40% of the wealth, and 50% of the of the financial wealth paying nearly 25% of the taxes.

I'm not at all outraged that 38.9 million Americans, including 7.2 million children, have no healthcare. I'm too busy worrying about the rich.