I. There are 540 billionaires in the United States, with a combined net worth of $2.399 trillion, according to our 2016 list of the world's richest people.
II. According to the report, the US has 18.6 million millionaires, highest in the world.
III. As of 2019, the USA had a population of 328 million
III. As of 2019, the USA had a population of 328 million
If we were to add I and II, the result would be about 19 million... as a percentage of 328 million, the result would be .06 or 6%
What does this mean?
Billionaires and Millionaires represent 6% of the total population of the USA... while, 94% of the population of the USA are not Millionaires or Billionaires.
Think about this!
Those who are in the 6% are telling those of us who are in the 94% not to worry about the financial implications of COVID-19 and the fact that they are out-of-work and pretty much staying-at-home.
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