America’s 400 Ridiculously Richest People: 2014 Edition

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http://www.alternet.org/americas-400-ridiculously-richest-people-2014-edition



Imagine yourself part of the typical American family. Your household would have, the Federal Reserve reported last month, a net worth of $81,200.

Not much. But 50 percent of America’s households would actually have less wealth than you do. The other half would have more.

Now imagine that your net worth suddenly quadrupled to about $325,000. That sum would place you within the ranks of America’s most affluent 20 percent of income earners. You would be “typical” no more. On the other hand, you still wouldn’t be rich, or even close to grand fortune.

So suppose we quadrupled your wealth still again, enough to get your net worth — your assets minus your debts — all the way up to $1.3 million.

Congratulations. You now hold 16 times more wealth than the typical American. You probably have paid off your mortgage. You have a healthy balance in your 401(k). You have investment income. You have it made.