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Christy Walton

Forbes 400: Rich get richer while the poor get to watch and wish

Forbes 400: Rich get richer while the poor get to watch and wish

News flash: America’s rich are getting richer; America’s poor are getting, well, you know. And in other news, the sky is blue and the sun will set tonight in the West. OK, so you probably had guessed that gazillionaires such as Bill Gates, Warren Buffett and Larry Ellison were doing, well, better than most in this “sluggish” economy. But on Monday, Forbes magazine made it (more or less) official; it released its list of the richest 400 Americans. (Side note: Wonder why they stop at 400?) As my colleague Ricardo Lopez wrote: Five years after the financial crisis, the mega-rich have regained all the wealth they lost during the recession, setting a new record value...

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