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Of the world's wealthiest people, the majority sti

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Post# of 65629
Posted On: 05/06/2016 12:23:10 PM
Posted By: Bhawks
Quote:
Of the world's wealthiest people, the majority still hail from the world's top economic superpower — the United States. There are 29 US billionaires who rank among the 50 richest on earth, and they command a whopping $938 billion between them.

This comes from new data provided to Business Insider by Wealth-X, a company that conducts research on the super-wealthy, featured in our recent ranking of the world's richest people. Wealth-X maintains a database of dossiers on more than 110,000 ultra-high-net-worth people, using a proprietary valuation model that takes into account each person's assets, then adjusts estimated net worth to account for currency-exchange rates, local taxes, savings rates, investment performance, and other factors.

The two richest people in America are no surprise: Bill Gates and Warren Buffett maintain their lead at the top despite being the two most generous people on earth.

But US tech moguls have begun to overtake the upper echelon, with heavyweights like Jeff Bezos of Amazon and Mark Zuckerberg of Facebook adding billions to their net worth each year as their powerful companies continue to grow in value and influence.

Not everyone is an entrepreneur though. Inherited wealth has kept a hefty portion of the country's cash in the hands of a few families, as the Koch brothers, the Waltons of Walmart, and the heirs to the Mars candy conglomerate each rank among the wealthiest.

Read on to learn more about the 29 Americans with the deepest pockets.

http://www.businessinsider.com/richest-people...-us-2016-1



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