Thursday, October 22, 2026
Science

Private business fortunes reveal overlooked source of wealth and inequality in America

A majority of Americans blame billionaires for the nation's ever-growing income and wealth divide. But economists Eric Zwick and Owen Zidar say there's a much larger but little-known cadre of very rich folks who may be even more important in closing the gap.

Private business fortunes reveal overlooked source of wealth and inequality in America
Image: Phys.org
A majority of Americans blame billionaires for the nation's ever-growing income and wealth divide. But economists Eric Zwick and Owen Zidar say there's a much larger but little-known cadre of very rich folks who may be even more important in closing the gap.

Originally published at Phys.org

The Morning Briefing

Subscribe to our Newsletter

Be the first to receive the latest news, market analysis and updates — delivered straight to your inbox.