The American Billionaires Too Poor To Make The 2024 Forbes 400 List
In a world where being a billionaire is often seen as the ultimate symbol of success and wealth, it may come as a surprise that there are some individuals who are simply not rich enough to make it onto The Forbes 400 list of the richest Americans. This year, the threshold for making the list has reached a staggering $3.3 billion, leaving some with ‘only’ a billion dollars or two out in the cold.
The Forbes 400 is a prestigious annual ranking that showcases the wealthiest people in the United States, with estimates of their wealth as of September 1, 2024. This year, the bar has been set higher than ever before, with all 400 individuals boasting a net worth of at least $3.3 billion. This is a new record, surpassing last year’s requirement by $400 million.
Among those who did not make the cut this year are high-profile names such as Taylor Swift, Magic Johnson, and Sam Altman. Despite their immense wealth, which would be the envy of most people, these billionaires still fell short of the mark set by The Forbes 400.
While it may be easy to dismiss the exclusion of these individuals from the list as a mere technicality, it speaks to the staggering levels of wealth concentration among America’s elite. The fact that even $1 billion is not enough to guarantee a spot on the list is a stark reminder of the extreme inequality that exists in society.
Forbes covers the intersection of entrepreneurship, wealth, technology, business, and lifestyle with a focus on people and success. The American billionaires who were too ‘poor’ to make the 2024 Forbes 400 list serve as a stark reminder of the ever-growing wealth chasm in America, where even billionaires can find themselves on the outside looking in.
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Video “The American Billionaires Too Poor To Make The 2024 Forbes 400 List” was uploaded on 10/04/2024 to Dailymotion Channel Forbes