Owners of Hospital Conglomerate Made Billions as Health Care Workers Lacked PPE
Nurses stage a protest with support from the registered nurses union, SEIU Local 121RN, outside the West Hills Hospital on June 18, 2020, in West Hills, California.
FREDERIC J. BROWN / AFP via Getty Images
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Not everyone is suffering during the pandemic.
The Frist family of Tennessee are the founders and biggest shareholders of Hospital Corporation of America (HCA), the largest for-profit hospital conglomerate in the U.S. Thomas F. Frist Jr. and his family have seen their personal wealth increase from $7.5 billion on March 18, 2020 to $15.6 billion on March 8, 2021, an increase of $8.1 billion or 108 percent, according to an analysis by the Institute for Policy Studies.
Here s What it Takes to Be in the Top 1 Percent of Every State
By Madison Troyer, Stacker News
On 1/10/21 at 12:00 PM EST
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The top 1 percent of Americans have a combined net worth of $34.2 trillion, according to Federal Reserve data last updated Oct. 19, 2020. That number represents more than 30 percent of all household wealth in the U.S.
Windfall used its 2020 consumer financial database to determine the net worth required to rank in the top 1 percent of each state. The analysis used population estimates from the 2019 U.S. Census Bureau and net worth estimates from Windfall s wealth database of more than 80 million households. For each state, the minimum net worth required to qualify in the top 1 percent for that state is included, along with the median net worth of all homeowners with a primary residence in that state, and total homeowners with a net worth of $1 million or more. Net worth represents an individual s assets like homes, cars, and investments, less their