Inside The Most Elite Club In America: How The Forbes 400 Has Gotten $4 Trillion Richer Since The 1980s
It’s been a great run for the ultra-rich. Forbes technically published its first list of the wealthiest Americans all the way back in 1918, when B.C. Forbes surveyed Wall Street bankers to estimate the nation’s 30 largest fortunes. But we’ve been tracking the subject full-time since 1982, when we debuted The Forbes 400 list of the richest people in the country. Back then, the 400 most affluent Americans held a combined $92 billion. After four decades of the rich getting richer, today the top 400 are worth a staggering $4.5 trillion—making them nearly...