Obama's America: Rich Democrats Getting Richer

The deep recession sure hasn't hurt Obama pals Warren Buffett and Bill Gates.

The richest Americans are getting richer, according to the latest release of the Forbes ranking of the 400 richest Americans.

At a combined wealth of $1.37 trillion, the 400 Richest Americans saw their wealth increase by 8% over last year. The wealth level needed to make the Forbes 400 also pushed back above $1 billion; it had fallen below $1 billion in 2009 for first time since 2006.

No surprise at the top of the list, Bill Gates of Microsoft in the No. 1 spot with a net worth of $54 billion, and Warren Buffett of Berkshire Hathaway at No. 2 among America's richest, with wealth estimated at $45 billion.
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Among the Top 10 Richest Americans in the Forbes 400, only Larry Ellison of Oracle and Michael Bloomberg have made the Buffett/Gates charitable pledge. Ellison is No. 3 on the Forbes 400, with an estimated wealth of $27 billion. Bloomberg rounded out the Forbes 400 Top 10 with an estimated wealth of $18 billion.

We all know Bloomberg gives Obama a tongue-bath at every opportunity, and Ellison is a supporter.

Just remember this the next time Obama rails against "the rich" his pals become more wealthy while he's busy wrecking our economy.