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FORTUNE.COM // JANUARY 2020
The Great Big
Billionaire
Backlash
Fifteen years ago, the ultrarich were widely admired by
the American public. Now we find their entire existence
is being questioned. What changed? By Geoff Colvin
WEALTH
AMERICANS DON’T HATE WEALTH.
They hate injustice. Those facts
are worth remembering as we enter this
election year and try to understand America’s
schizoid attitude toward billionaires, three of
whom are running for President. It’s an
attitude worth understanding because billion-
aires are certain to symbolize crucial issues for
the next President, whoever he or she may be.
It’s a bizarre political moment. Two of the
top three Democratic candidates in national
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