The richest Americans did not beat the S&P 500, on average, over the past year.
In fact, according to the just-released Forbes 400 list of the richest Americans, their collective wealth rose 40.6% since last year’s ranking. The S&P 500’s SPX comparable return was 43.3%.
Moreover, as is clear from the table below, this past year’s experience…
This post was originally published on Market Watch
