Elon Musk, Mark Zuckerberg, and Warren Buffett made a lot of money in the last 12 months.
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The 10 wealthiest Americans got a lot richer over the past 12 months, according to a new report by Oxfam. $365 billion richer, to be exact — meaning the top 10 made a collective $1 billion a day for the last year.
With the average American worker making $50,000 a year, the report revealed it would take 10 workers 726,000 years to match the billionaires.
Oxfam noted, “Billionaire wealth has increased astronomically while so many ordinary people struggle to make ends meet.”
At the top of the list is Tesla CEO Elon Musk. He raked in nearly half of the gains made by the top 10, adding $186 billion to his personal wealth. Meta CEO Mark Zuckerberg and Walmart heir Rob Walton each added $38.7 billion to their fortunes. And Berkshire Hathaway’s Warren Buffett gained $34.8 billion.
Oxfam’s report comes as Republicans aim to extend Donald Trump’s 2017 Tax Cuts and Jobs Act, which the analysis says would make the rich even richer.
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