"Elon Musk admits X 'may fail, as so many have predicted'"
https://www.businessinsider.com/elon-musk-admits-x-twitter-may-fail-predictions-2023-8
@ChelseaGirl429 @th3j35t3r
Oh it is certainly possible to hoard^H^Hhave too much money. @MMH posted an insightful graph:
@b4cks4w @th3j35t3r @MMH
Yep--astonishing when you dig into it.
"In the first quarter of 2023, 69 percent of the total wealth in the United States was owned by the top 10 percent of earners. In comparison, the lowest 50 percent of earners only owned 2.4 percent of the total wealth."
The top 0.1% owns 12.8% of total U.S. wealth.
https://www.statista.com/statistics/203961/wealth-distribution-for-the-us/#:~:text=U.S.%20wealth%20distribution%20Q1%202023&text=In%20the%20first%20quarter%20of,percent%20of%20the%20total%20wealth.