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Trillionaires & Billionaires

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U.S. Senator Mark Kelly (D–AZ) claims that “we don’t need trillionaires” and most of the money of multi-billionaires like Elon Musk should be redistributed by government.

IN FACT, the combined net worth of all 902 billionaires in the U.S. is $6.8 trillion, which is only enough to fund the federal government for one year or pay 18% of the national debt. Moreover, U.S. billionaires often invest in enterprises that increase productivity, a major reason why poor and middle-income Americans are richer than in any other nation of the world.

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