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How the Top 1% Keeps Getting Richer

How the Top 1% Keeps Getting Richer

Bloomberg Opinion - Noah Smith

Why are people like Bill Gates, Jeff Bezos and Mark Zuckerberg so incredibly rich? Sure, they’re great businesspeople, and they had the right ideas at the right time. But most importantly, when their businesses succeeded, they owned a large portion of the equity. Equity, or stock, is the riskiest …

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