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SIOUX FALLS, S.D. (KELO) — How does the wealth of billionaire T. Denny Sanford stack up against top billionaires in other states? Sanford, 87, has an estimated wealth of $2 billion, according to Forbes. Although Sanford’s name is on many sites in Sioux Falls, the wealth is generated from banking and credit cards. Top billionaires […]
The claim: Bill Gates purchased the messaging app Telegram When it comes to being the target of viral misinformation, Bill Gates is a frequent flyer. Now, social media users have falsely claimed Gates purchased Telegram, a popular messaging app among far-right extremists, to accuse Gates of censorship. “Bill Gates has just purchased the Telegram app in order to retain control of what information people can share, think and research,” reads an image posted to Facebook on April 6. The image appears to be a screenshot of another Facebook post, although the original poster’s name an...
How the Richest Person in Each State Made Their Fortune By Paul Feinstein, Stacker News On 3/11/21 at 6:30 PM EST Phillip Faraone / Getty Images for WIRED25 Whether it's a hedge-fund billionaire, tech giant, industrial titan, or someone simply born into the right family, the wealthiest people in every state each have their own stories. In today's political climate, the super-rich have plenty of influence over our political process, from lobbying members of the government and contributing to presidential bids to running ad campaigns in favor of specific causes. To figure out who's on top of...
Here's What it Takes to Be in the Top 1 Percent of Every State By Madison Troyer, Stacker News On 1/10/21 at 12:00 PM EST Canva The top 1 percent of Americans have a combined net worth of $34.2 trillion, according to Federal Reserve data last updated Oct. 19, 2020. That number represents more than 30 percent of all household wealth in the U.S. Windfall used its 2020 consumer financial database to determine the net worth required to rank in the top 1 percent of each state. The analysis used population estimates from the 2019 U.S. Census Bureau and net worth estimates from Windfall's wealth ...