Wealthiest Americans
One of the city’s most generous philanthropists, Harold C. Simmons, died Saturday evening at Baylor University medical Center at the age of 82. Simmons was ranked 40th on Forbes’ list of the 400 wealthiest Americans. Born in east Texas to two humble school teachers, he made a fortune by buying a drug store across from SMU…
More proof that the rich are getting richer, and the American middle class is diminishing: according to Mother Jones Magazine, the top 100th of 1% of the wealthiest Americans, now make an average of $27 million per household. The average income for the bottom 90% of the US population is $31,244. The median net worth…
