@matiu_bidule We call that cherry picking. To be clear the majority of rich people in the USA started from middle class or lower.
Wrong
68% of billionaires are self-made (not born into inheritance)
How does that quote debunk the fact that the same report indicates 68% of billionairs are self made? They also analyzed other categories of wealth, so what?
@freemo
You are aware that someone with 30mil in the bank is a measly 3% of a billionaire, right?
Or to answer your question: Because the report defines the ultra-wealthy as someone with 30mil or more, which isn't the same as a billionaire, as @icedquinn originally said.
@matiu_bidule