Bob Lord: Who is worth more, one man or an entire city? (Spoiler, we're talking about the USA)
A population of 100,000 is substantial. Five states dont even have one metropolis that large. Some cities that size, like Fargo, North Dakota, are their states biggest. Others, like Lansing, Michigan, are state capitals.
About 100,000 people live in Rochester, Minnesota, home of the Mayo Clinic. The same goes for Burbank, California and Springfield, Ohio.
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Meet David Tepper. He raked in $3.5 billion last year for his work. Of course, he likely pocketed additional income from investments in the form of interest and dividends. But for his work alone he collected $3.5 billion in compensation.
Thats right, Lansing. The 100 million hours you put into all of the classes you teach, the fires you fight, the cavities you fill, the restaurant meals you prepare and serve, the cars you repair, the drains you unclog, the illnesses you treat, the crimes you stop, and the lives you save are assigned a total monetary value equal to the work of just one man.
MORE HERE: http://wonkynewsnerd.com/bob-lord-worth-one-man-entire-city/