Where can you find a lot of these greedy people?
Well, a new report set out to determine just that.
Best Life has just come out with their list of the "Greediest States in the U.S., and they based their list on a variety of facts, including:
- "Forbes'" 2020 billionaires list.
- Data from the U.S. Census Bureau to determine where the richest of the rich live
- WalletHub's list of the Most Sinful States
- The Gini coefficient, which is a mathematical measurement that quantifies income inequality, with the higher the Gini coefficient, the greater disparity of wealth distribution in the state
With all that in mind, Nevada was named the Greediest State in the U.S.
It landed a Greed Index score of 100, with 35.71 billionaires in the state per 10 million people, a WalletHub greed rank of one, and a Gini coefficient level of 45.22.
As for the least greedy state, that would be Utah, with a greed index score of 0, only 12.48 billionaires per 10 million people, a WalletHub greed index of 49, and a Gini coefficient level 42.61.
Top Ten Greediest States in the U.S.
(click here for the complete list)
- Nevada
- Wyoming
- Oklahoma
- Mississippi
- California
- Hawaii
- Montana
- North Carolina
- Rhode Island
- Virginia
Source: Best Life