2017 Wealth index in USA. Top 1% have 43% of total wealth, the next 4% own 29%, the next 15% own 21%, the remaining 80% own the last 7% of the wealth. www2.ucsc.edu/whorulesamerica/power/wealth.html
Bernie Sanders said, “There is no moral or economic justification for the six wealthiest people in the world having as much wealth as the bottom half of the world’s population, 3.7 billion people.” His numbers were substantially correct: Oxfam calculated that the six richest individuals (starting with Bill Gates) owned a total of $462.6 billion, compared with $409 billion for the poorest 50 percent. A “fact-checker” at the Washington Post tried to dispute that, but only by using some highly creative accounting techniques. The Washington Post, by the way, is owned by Jeff Besos, the second richest man in the world. So we always have to ask: Who checks the checkers?