• Lauchs@lemmy.world
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    2 months ago

    There are many more non billionaires than billionaires. There are some 750ish billionaires in the US.

    Median American has a net worth of about 200k. So, 5,000 median Americans gets you about a billion.

    Divide the American population (~333 million) and lo and behold, worth about 66,666 billionaires.

    So, in other words, blaming billionaires is easy but really…