Look Who it Was Random video

The REAL Division Between Rich and Poor

961 views · Published 26 April 2015 · 4:22 · Indexed 14 November 2026

Channel: Orange County Real Estate: Patrick Schwerdtfeger · 2015 · People & Blogs

Watch on YouTube

http://www.patrickschwerdtfeger.com/sbi/

There's a huge misconception about the division between rich and poor, and it's being fueled by our media and our politicians.  They suggest that the rich are people who earn $250K or more but that does not constitute 'rich' in today's world.  They imply that the division between rich and poor is the division between those who earn $100K or less and those who earn $250K or more, but that division is actually shrinking, not growing.  In fact, the division between rich and poor is the division between those earning $500K or less and those earning $10M or more. That's where the division is widening. That's what income inequality and the top end of our economy actually looks like. And if you want to be part of the mega wealthy, you need to be on the right side of the leverage equation.

Patrick Schwerdtfeger is a motivational keynote speaker who can cover the wealth distribution and the division between rich and poor at your upcoming conference or business event.

More from this channel