America! It’s Good to be the King!

In New York, Mike Bloomberg’s fortune swelled by 28% in the past year, to $25 billion. Meanwhile: “The rich got richer and the poor got poorer in New York City last year as the poverty rate reached its highest point in more than a decade, and the income gap in Manhattan, already wider than almost anywhere else in the country, rivaled disparities in sub-Saharan Africa.”

Read more at gawker.com.