ok. I have triple checked. That is a lot of zeroes to keep track of.
Not a typo. Not a misunderstanding.
FORTY SIX POINT SEVEN TRILLION DOLLARS, WITH A 'T', IS WHAT WE ARE TALKING ABOUT HERE.
The NYC budget for this year is (a very impressive) 109 billion.
The amount of wealth of the 1% in the US could fund the NYC budget 428.5 times. The entire thing.
Instead, they fly their own jets, take trips to space, build bunkers, and buy and seek rents on housing, arable land, and the US tech sector.