Bernie “ Three billionaires now own more wealth than the bottom half of the country”
The Daily Caller News Foundation did research that confirmed this to be true but many economists have stated this is a useless statistic. While the 3 richest billionaires in the US (Bill Gates, Jeff Bezos, and Warren Buffett) do have a combined net worth of $345 billion a Federal Reserve report showed a combining the net worth of all households below the 48th percentile results in a negative number. This means that someone with a net worth of $1 has a higher net worth than all those below the 48th percentile.
