moral_quandary@lemmy.world to A Boring Dystopia@lemmy.world · edit-212 days agoThe collective wealth of the 4 richest U.S. billionaires surpasses $1 trillion dollars for the first time ever.lemmy.worldimagemessage-square35fedilinkarrow-up1376arrow-down12file-text
arrow-up1374arrow-down1imageThe collective wealth of the 4 richest U.S. billionaires surpasses $1 trillion dollars for the first time ever.lemmy.worldmoral_quandary@lemmy.world to A Boring Dystopia@lemmy.world · edit-212 days agomessage-square35fedilinkfile-text
minus-squareJohnDClay@sh.itjust.workslinkfedilinkarrow-up8·12 days agoIs there an inflation adjusted version of this? I’m wondering if anyone even in the gilded age got this wealthy.
minus-squaretaiyang@lemmy.worldlinkfedilinkarrow-up12·12 days agoThere is, and they came close. I only remember Rockefeller net worth being something over $250 billion based on economic output. Actually, looking it up, it could be as high as $400 billion. Ah, the 1800s were pretty worse than today’s standards… At least it looks like people die and fortunes move on. Apparently his descendants are worth only $10 billion collectively now, somehow.
Is there an inflation adjusted version of this? I’m wondering if anyone even in the gilded age got this wealthy.
There is, and they came close. I only remember Rockefeller net worth being something over $250 billion based on economic output.
Actually, looking it up, it could be as high as $400 billion. Ah, the 1800s were pretty worse than today’s standards…
At least it looks like people die and fortunes move on. Apparently his descendants are worth only $10 billion collectively now, somehow.