Source: Inequality.org
by Sam Pizzigati
“America’s richest have never been richer. Our over 800 billionaires ended 2024 worth a combined $6.72 trillion. Today, almost two months later, Americans make up 14 of the 15 richest people in the world. Just these 14 alone hold a combined net wealth of over $2.5 trillion. One predictable consequence of numbers like these: Our world’s ‘super yacht’ sector is doing spectacularly well, as the annual Miami International Boat Show this month convincingly confirmed. The star of this year’s show turned out to be a super yacht nearly the length of a football field. Drivers on America’s highways and byways, meanwhile, are now needing to make room for the newly released latest luxury super car from Rolls-Royce. The new Black Badge Spectre can ‘sprint from zero to 60 mph in just 4.1 seconds.’ The base price: a mere $490,000.” (02/26/25)