America’s 3 wealthiest families have more money than 4 million average families combined

Three families of dynastic wealth — that’s the Walton, Koch and Mars families — have seen their wealth increase close to 6,000% since 1982, according to the Billionaire Bonanza report by the progressive think tank Institute for Policy Studies.

Their combined wealth – a staggering $348.7 billion as of October 2018 – is more than the combined wealth of 4 million American families of median wealth. As the Waltons, Kochs, and Mars families have seen their wealth increase, the median household wealth for Americans has fallen by 3% since 1982.

Billionaire Bonanza report