You Might Be Hobnobbing With The Top 1%

They may be your friends and neighbors

Floyd Mori
3 min readNov 7, 2024
Photo by Jingming Pan on Unsplash

What does it take to be among the wealthiest Americans?

If you have a net worth in the United States of around $14 million, you are likely in the top 1% of the wealthiest people in America. If you are not in the top 1%, you might know someone who is. If not, you have surely read about people in that top group.

There is a huge gap between the minimum amount of $13.7 million for the low end of the top 1% and the high end of more than $200 billion.

The richest person currently is Elon Musk, who is reported to have a net worth of around $244 billion. Others of the wealthiest Americans are Jeff Bezos with $197 billion, Mark Zuckerberg with $181 billion, Larry Ellison with $175 billion, Warren Buffett with $150 billion, Larry Page with $136 billion, Sergey Brin with $130 billion, Steve Ballmer with $123 billion, and Bill Gates with $107 billion. [according to Forbes]

The net worth of these billionaires changes and may be different on various lists. The billionaires mostly had an increase in the recent past.

Most of us have never met these billionaires, but we may have met millionaires who are in the top…

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Floyd Mori
Floyd Mori

Written by Floyd Mori

Floyd Mori, born in Utah, is a former College Teacher, Mayor, CA State Assemblyman, Consultant, and CEO for Nonprofits. www.thejapaneseamericanstory.com.