A 2017 report from the Institute for Policy Studies found that the three wealthiest Americans on the Forbes 400 list had accumulated a collective wealth of $248.5 billion. At the time those figures were Microsoft founder Bill Gates, Amazon founder Jeff Bezos and...
Media mogul Oprah Winfrey is worth nearly $3 billion. Basketball legend-turned-businessman Michael Jordan’s net worth is a reported $1.65 billion. Businessman and philanthropist Robert Smith is worth more than both of them with an estimated net value of $4...
If there’s one thing that gets people more upset than high CEO pay, it’s when companies pay CEOs absurdly more than rank-and-file employees. Many big companies pay their CEOs 100 or even 300 times more than their typical workers. But the Wall Street Journal reports...
White rage got us here. While the economic anxiety of Trump supporters is often touted as the driving force behind the mogul’s electoral college victory, that rationale is just a ruse, a clever red herring. The median income of a Trump supporter is more than $70,000...
Novak tops the list of Fortune 500 CEOs with the largest retirement nest eggs, according to a study from two progressive think tanks – the Center for Effective Government and the Institute for Policy Studies.
The coal industry has had a rough time in recent years. Between late 2010 and the end of 2014, the top ten publicly-traded coal companies saw their combined share price value drop by more than half, as hundreds of plants closed and thousands of employees were laid...
