Is Bernie Sanders Right that 3 Billionaires Have more Wealth than Half of America?

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The wealthiest 3 billionaires in the U.S. –Jeff Bezos, Bill Gates and Warren Buffett — now have as much wealth as the bottom half of the U.S. population combined.

Since 1982, these three families have seen their wealth increase nearly 6,000 percent, factoring in inflation. Meanwhile, the median household wealth went down 3 percent over the same period.

The dynastic wealth of the Walton family grew from $690 million in 1982 (or $1.81 billion in 2018 dollars) to $169.7 billion in 2018, a mind-numbing increase of 9,257 percent.

via Is Bernie Sanders Right that 3 Billionaires Have more Wealth than Half of America?

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