Nathan Vardi: Contribute Economic Activity

Posted by admin on Sunday, February 19, 2017

Nathan Vardi Money Quote saying 30 wealthy hedge fund managers make up 8 percent of the Forbes 400 wealthiest Americans – those riches don’t contribute to the economy. Nathan Vardi said:

They do a lot of wonderful things and give a lot of money to charity. But 8 percent of the 400 wealthiest people in America is a big number for a group that arguably doesn’t contribute any economic activity
— Nathan Vardi