A viral animated video posted to Twitter Tuesday shows Microsoft CEO Bill Gates’s astronomical wealth compared with middle-class salaries, the wealth of other considerably rich Americans, and a number of major public services which Gates could easily pay for using just a tiny fraction of his assets.
According to the data cited by the user who created the graphic, Gates—who with a fortune of over $110 billion recently reclaimed his title as the world’s richest person—could easily pay to replace all of the damaged water pipes in Flint, Michigan, cover all the medical costs desperate Americans crowd-source in a year using platforms like GoFundMe, and still have nearly $100 billion leftover.
“I struggled to imagine this huge number,” @betty__cam wrote of Gates’s wealth, “so I animated some bar graphs that put it in proportion with other points of reference. The scale is quite stark.”
As the $55 million needed to repair Flint’s water system and the $650 million Americans gather for medical bills on GoFundMe each year appear in the graphic the bar signifying Gates’s $110 billion is still too tall to fully fit in the animation.
The user animated the graph two weeks after Gates expressed concern in an interview over a plan from Sen. Elizabeth Warren (D-Mass.) to impose a 2% annual wealth tax on wealth over $50 million and a 6% tax on assets over $1 billion.
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