The wealthiest Americans added $365 billion to their fortune’s in the last year

Elon Musk, Mark Zuckerberg, and Warren Buffett made a lot of money in the last 12 months.

Transcript

00:00The 10 wealthiest Americans got a lot richer over the past 12 months, according to a new

00:04report by Oxfam — $365 billion richer to be exact, meaning the top 10 made a collective

00:10$1 billion a day for the last year.

00:13With the average American worker making $50,000 a year, the report revealed it would take

00:1710 workers 726,000 years to match the billionaires.

00:22Oxfam noted billionaire wealth has increased astronomically while so many ordinary people

00:26struggle to make ends meet.

00:28At the top of the list is Tesla CEO Elon Musk.

00:30He raked in nearly half of the gains made by the top 10, adding $186 billion to his personal

00:36wealth.

00:37Meta CEO Mark Zuckerberg and Walmart heir Rob Walton each added $38.7 billion to their fortunes.

00:43And Berkshire Hathaway's Warren Buffett gained $34.8 billion.

00:47Oxfam's report comes as Republicans aim to extend Donald Trump's 2017 Tax Cuts and Jobs

00:52Act, which the analysis says would make the rich even richer.

00:55That'll do it for your Daily Briefing.

00:57From New York City, I'm Kelsey Barbario with The Street.