White House hopeful Bernie Sanders has been doing his best lately to place America’s “billionaire class” right at the center of the nation’s political discourse. But Phoenix-based attorney Bob Lord would like to see the nation start contemplating the next chapter in the ongoing concentration of America’s wealth: the emergence of our first trillionaires.
Lord doesn’t stand alone. Other observers also see trillionaires — billionaires a thousand times over — in our future. Last year, for instance, CNBC explored whether America’s first trillionaire might arrive in time for that network’s 2039 50th anniversary.
But Lord may be doing more than any other analyst to track the trends bringing trillionaires ever closer. As both an estate planner and an engaged political activist, he has sat front-row to those trends, and his thoughts on them have appeared in the Los Angeles Times, the Arizona Republic, and a wide variety of other media outlets.
Lord currently serves as an associate fellow at the Institute for Policy Studies in Washington, D.C. I’ve just interviewed him on our trillionaire future for Too Much, the Institute’s monthly on excess and inequality.More ...