American billionaires added $1.62 trillion to their wealth over the last 13 months

These gains could signal that inequality keeps increasing during the pandemic.¬†Over the last 13 months, American billionaires added $1.62 trillion to their wealth – a 55% increase. This was a finding in the latest report from the left-leaning Institute for Policy Studies (IPS) and Americans for Tax Fairness (ATF). Both groups have tracked billionaire gains … Read more

These are the 29 most generous billionaires in America

“If the public sector will not take ‘personal responsibility’ for providing an adequate safety net for those in distress, private philanthropy must do so.” That’s the charitable mandate George Kaiser – one of America’s most generous (and most obscure) billionaires – shared with Insider. He’s a staunch advocate of the ultrawealthy giving back, not just … Read more