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Billionaires and Stealth Politics$
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Benjamin I. Page, Jason Seawright, and Matthew J. Lacombe

Print publication date: 2018

Print ISBN-13: 9780226586090

Published to Chicago Scholarship Online: September 2019

DOI: 10.7208/chicago/9780226586267.001.0001

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PRINTED FROM CHICAGO SCHOLARSHIP ONLINE (www.chicago.universitypressscholarship.com). (c) Copyright University of Chicago Press, 2021. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in CHSO for personal use.date: 26 September 2021

Who the Billionaires Are

Who the Billionaires Are

Chapter:
(p.10) Chapter One Who the Billionaires Are
Source:
Billionaires and Stealth Politics
Author(s):

Benjamin I. Page

Jason Seawright

Matthew J. Lacombe

Publisher:
University of Chicago Press
DOI:10.7208/chicago/9780226586267.003.0002

Chapter 1 introduces the billionaires who are the primary subjects of the book: the one hundred wealthiest US billionaires, those who occupy the upper reaches of the Forbes 400 list of wealthiest Americans. The chapter profiles some of the billionaires near the top of the list, such as Bill Gates, Warren Buffett, Charles and David Koch, the Walton Family, and Michael Bloomberg. It also focuses on what the group as a whole is like. We find that the billionaires in our study are overwhelmingly white and male, and that they tend to be older and of Western European origin. The chapter then inquires where their money came from: inheritance? entrepreneurship? what sorts of businesses? The end of the chapter briefly explores issues of “fair compensation” involving merit and effort, help from others, and just plain luck. It closes by considering some political implications of vast concentrations of wealth.

Keywords:   billionaires, democracy, political power

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