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On September 20, 2025, the wealth gap in the United States is highlighted as billionaire Larry Ellison’s fortune now stands at 2 million times that of the median U.S. household. With over 3,000 billionaires worldwide, this disparity showcases a stark contrast between the wealthy elite and average Americans.
Ellison, founder of Oracle Corporation, recently surpassed Elon Musk in net worth due to impressive earnings from AI investments. In 1937, at the time of John D. Rockefeller’s death, his wealth of $1.4 billion constituted 1.5% of the nation’s wealth, dramatically overshadowing average household savings of less than $200.
Today, the financial divide is exacerbated by AI, contributing to greater social and economic imbalances that reflect the growing wealth of the capital class compared to stagnant or modest increases in median household net worth.
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