I don't think this article makes the argument the author thinks it does. If I take the author at his word that more people are creating large new fortunes at a

I don't think this article makes the argument the author thinks it does. If I take the author at his word that more people are creating large new fortunes at a higher rate, and I assume that the large fortunes of 1982 have not become significantly smaller (I admittedly don't have a citation for this, although I feel it's a safe assumption), and finally take into account that wealth inequality has been steadily increasing in the USA [1] since 1982, I come a reasonable conclusion: "Winners" from the middle class are being promoted to super-wealthy status by consolidating wealth from their peers in the middle and lower classes, and it's happening at a much higher rate than it was 30 years ago. [1] https://www.pewresearch.org/social-trends/2020/01/09/trends-in-income-and-wealth-inequality/ https://www.pewresearch.org/social-trends/2020/01/09/trends-...