Today I got an e-mail from “Patriotic Millionaires,” a group of more than 200 Americans with annual incomes over $1 million and/or assets of more than $5 million. (I’m not on the list as a millionaire, but am a gapper.) They are looking at the Forbes list and see too few blacks and Hispanics. Well, there are more Blacks than Bruces! Look, patriots. All you have to do is fire your accountants—just skip over those loopholes that you’ve lobbied for.
* America’s 20 wealthiest people now own more wealth than the bottom half of the American population combined, a total of 152 million people in 57 million households.
* The wealthiest 100 households now own about as much wealth as the entire African American population in the United States. Among the Forbes 400, just 2 individuals are African-American.
* The wealthiest 186 members of the Forbes 400 own as much wealth as the entire Latino population. Just 5 members of the Forbes 400 are Latino.