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limpyhobbler

(8,244 posts)
3. The number for net worth is also striking.
Fri May 25, 2012, 05:40 AM
May 2012

Michael Moore said 400 people had greater net worth than the lower 60% of households.

So the bottom 60% of households possessed just $1.22 trillion of that $53.15 trillion, less than the Forbes 400.

(From his website March 7, 2011. He explains his math on there.)
http://www.michaelmoore.com/words/must-read/forbes-400-vs-everybody-else

I'm not sure how financial wealth is measured, or net worth for that matter. Either way it is very striking.
Latest Discussions»Issue Forums»Occupy Underground»A little math lesson for ...»Reply #3