- This month, Elon Musk briefly became the first trillionaire (currently his wealth is valued in the $900 billions)
- The top 1% now hold as much wealth as the entire bottom 90% of Americans combined
- There are 989 billionaires in the US, worth $9 trillion
- In 1970, the pay ratio between the top 100 CEOs and the average worker was 45 to 1. Today it is 829 to 1
- These are policy choices: minimum wage stagnation, tax codes that benefit the rich, deregulation, weakened worker protections
Sources: The Labor Institute, Economic Policy Institute, Steve Rattner
