Wisconsin’s Wealth Gap Grows Worse

Take Wisconsin’s richest three people: billionaires John Menard, Jr., Diane Hendricks and Herbert Kohler, Jr. All three saw their net worth explode in value during the first three months of the pandemic, by 65 percent for Menard, 39 percent for Hendricks and 29 percent for Kohler. 

That’s right, Menard’s net worth ballooned from $11.5 billion to $19 billion, Hendrick’s net worth rose from $6.9 billion to $9.6 billion and Kohler from $5.9 billion to $7.6 billion during just the three months of the pandemic, from March 18 to June 18, as a recent report by the Americans for Tax Fairness (ATF) and two other groups found. The analysis is based on the Forbes magazine’s annual roundup of the wealthiest people in America ..


Ken Notes:Is it just me or does bad news always seem to widen the wealth gap.

- - Volume: 8 - WEEK: 29 Date: 7/16/2020 9:26:52 AM -