Musk's Fortune Equals 3% of US GDP – Economists Warn It Threatens Democracy
Elon Musk's fortune amounts to roughly 3% of US GDP and is nearly five million times larger than the median American family's net worth, according to Prof. David Lay Williams writing in The New York Times. Nobel Prize-winning economist Paul Krugman warns that such extreme wealth concentration poses a real threat to democracy. Musk's wealth is comparable in scale to Switzerland's entire GDP.
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