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The racial wealth gap in the United States is enormous — and growing. On September 25 at 4pm EST, a group of thinkers joined Business Insider reporter Taylor Nicole Rogers for a live Zoom discussion on how to close the racial wealth gap. The conversation is a part of our "Inside the racial wealth gap" series. On September 25 at 4pm EST, a group of thinkers joined Business Insider reporter Taylor Nicole Rogers for a live conversation via Zoom on closing the racial wealth gap. This conversation is part of Business Insider's "Inside the racial wealth gap" series, examining how we got here and why the wealth gap persists.
The allure of the presidency has drawn candidates with vast fortunes. Early presidents were rich landowners, and recent candidates got rich from tech, oil, and inheritanceDonald Trump was the richest president ever, and is running in 2024, but there have been richer candidates. As the 2024 presidential race gets underway, Trump, the richest president in history, is again on the ballot. But his estimated $9 million fortune is dwarfed by the riches of past presidents and candidates. Below, Insider looks at some of the richest people ever to run for — and in some cases, win — the White House.
Before he launched his grocery chain, 74-year-old Catsimatidis first worked in a supermarket the summer after graduating. screenshot/Business Insider videoThe billionaire told Daily Mail that the summer he graduated from Brooklyn Tech High School he got a job at a local supermarket after his mother "threw" him off the couch. The grocery store was partially owned by his uncle. At the grocery store, Catsimatidis said he worked about 70 hours a week and would often tidy the story for the next day. Source: Daily Mail, NY Report
Françoise Bettencourt Meyers inherited one-third of L'Oreal from her mother, making her the richest woman in the world since 2017 with a net worth of $82.1 billion, according to Bloomberg. Bettencourt Meyers had a fraught relationship with her mother. Unlike a typical billionaire heiress, Bettencourt Meyers has focused her attention on her career as an author and a member of L'Oreal's board of directors. Unlike a typical billionaire heiress, Bettencourt Meyers has focused her attention on her career as an author and a member of L'Oreal's board of directors. Representatives of L'Oreal and Bettencourt Meyers did not respond to Business Insider's request for comment on her career, personal relationships, or net worth.
Pinault was born in 1936 in Brittany, France. As a 7-year-old during the Nazi occupation, Pinault used to bring food to Allied soldiers hidden near his family's home. Legend has it that German forces once beat Pinault and his father to try to get them to talk, but even as a child, he wouldn't give up their location. US soldiers traveling through Brittany, France, in August 1944. Photo12/Universal Images Group via Getty ImagesSource: The Gaurdian
George Soros ranks in the world's 400 richest people with a $7.2 billion net worth, per Bloomberg. He has purchased a sprawling network of homes in the New York area and spends big on politics. AdvertisementConspiracy theorists accuse former hedge-fund manager George Soros of aiding Nazis, conspiring to fill Budapest with refugees, and trying to start a civil war in the United States. Soros built his fortune running what was once the world's largest hedge fund — Quantum Fund. This story is available exclusively to Business Insider subscribers.
Persons: George Soros, , Soros Organizations: Bloomberg, Service, Quantum, Business Locations: New York, Budapest, United States
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