Asked by Kaitlyn Conigliaro on Jul 25, 2024
Verified
Which statement is true?
A) The two Americans with the highest wealth are Bill Gates and Warren Buffett.
B) A total of 128 Americans earn at least $10 billion a year.
C) Although there are many millionaires in the U.S. ,there are no true billionaires.
D) The only American billionaire is Bill Gates.
Bill Gates
An American business magnate, software developer, and philanthropist known for co-founding Microsoft Corporation, one of the world's most valuable technology companies.
Warren Buffett
An American investor, business tycoon, philanthropist, and the chairman and CEO of Berkshire Hathaway, known for his successful investment strategies and one of the richest people in the world.
Billionaires
Individuals whose net worth or wealth is equal to or exceeds one billion units of a currency, often reflecting significant economic influence or power.
- Acquire insight into the factors that result in income inequality.
Verified Answer
AL
Aiden LambertJul 26, 2024
Final Answer :
A
Explanation :
This statement is true according to the Forbes 2020 Billionaires List, which lists Bill Gates and Warren Buffett as the two Americans with the highest net worth.
Learning Objectives
- Acquire insight into the factors that result in income inequality.