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Study Shows Majority of Billionaires Identify as Middle Class

By

The Onion Staff

10mo ago· 3 min readenNews

Summary

A study reveals that the majority of billionaires perceive themselves as middle class, based on a survey of 865 wealthy Americans including Jeff Bezos, Mark Zuckerberg, Elon Musk, Alice Walton, and Michael Bloomberg.

Key quotes

· 2 pulled
70% of individuals with $1 billion or more in assets said they belong to moderate-income households.
Around a third acknowledged that their hard work contributed to their financial status.
Snippet from the RSS feed
ST. PAUL, MN—In a comprehensive new survey of how the wealthy view their socioeconomic status, a study published this week in the Journal Of Economic Perspectives found that the majority of billionaires consider themselves to be middle class. The study—wh

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