You’ll Never Guess Which Billionaire Is Fighting for Income Equality

Legendary activist investor Carl Icahn is concerned that CEO compensation and short-termism are increasing inequality and harming the economy’s long-term prospects.

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{b163ed859cc9a16ba73837184ee02d2cdeccd9aa6dd670f1698634a383290a0c}.” Try moving the decimal over another five places. That’s right: Icahn is in the top 0.00001{b163ed859cc9a16ba73837184ee02d2cdeccd9aa6dd670f1698634a383290a0c} 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.

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