The ten richest Americans alone on the 2020 Forbes 400 list hold a combined $853 billion in net worth. Let’s start that digging by placing the top ten on the 2020 Forbes 400 list in a bit of historical context. The Big Oil rich didn’t need any “genius” to keep those lucrative tax loopholes in place. Big Oil tycoons have, in effect, lost their competitive advantage in the grand-fortune sweepstakes. The ten biggest personal fortunes on the 2020 Forbes list include nary a single one rooted in Big Oil.

Source: Forbes September 12, 2020 00:33 UTC