U.S. Billionaires Net Worth Jumps Nearly One Third As Working Families Suffer
Despite the U.S. economy reeling from an unprecedented unemployment crisis, the collective wealth of the nation’s billionaires jumped by $931 billion, almost a third, since March, according to a new report. The total net worth of America’s 644 billionaires climbed from $2.95 trillion on March 18 to $3.88 trillion on October 13, Americans for Tax Fairness (ATF) and the Institute for Policy Studies (IPS) found. This represented a 31.6 percent rise based on Forbes billionaires data....