With a net worth of $21.1 billion according to the Bloomberg Billionaires ranking (as of Nov. 12), legendary investor Carl Icahn isn’t “the 1%.” Try moving the decimal over another five places. That’s right: Icahn is in the top 0.00001% of the U.S. population in terms of net worth.

It’s not all that surprising if you think there are only 33 people that are higher up on the net worth ladder in the entire world. Statistically speaking, everyone is below him.

Please help us out :
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at office@jewishbusinessnews.com.
Thank you.

With those credentials, perhaps we ought to listen to him when he warns that income inequality is a problem.

Over a year ago, in an October 2014 Tumblr post, Icahn mentioned income inequality in a (non-exhaustive) enumeration of ills affecting the country:

There are numerous challenges we are facing today whether it be monetary policy, unemployment, income inequality, the list can go on and on…

Read the full story at Motley Fool, by Alex Dumortier