This is an honest question. I was just wondering if I could find out how much of my spending each year goes toward billionaires. My phone, rent, groceries, banking, etc. — What percentage of it goes to a billionaire? I understand that spending is unique for each person, and many billionaires' wealth is tied to share ownerships or other resources, so I broadened my question to average consumer spending, and to billionaire-owned entities. Does anyone know the answer or where it could be found or calculated? I know exactly how much of my income goes to publicly-owned entities. Is that less than the share that goes toward billionaire-owned entities?

    What percentage of average consumer spending goes to billionaire-owned entities?
    byu/Alternative_Ship_349 inAskEconomics



    Posted by Alternative_Ship_349

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