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The collapse of the housing market erased the amount of wealth available for investing for many more Americans.
But experience dictates that people will try to spend it to reduce the amount of wealth held as money.
The list is ranked in order of the amount of wealth given away as a proportion of their overall income.
"The higher-interest-rate story is being overridden by the amount of wealth potential homeowners have amassed," said Richard Yamarone, an economist with the Argus Research Corporation.
An article in Business Day yesterday about changes in the size of fortunes left by Americans when they die misstated the amount of wealth exempt from estate tax.
It found that some African countries are much better at creating prosperity than others, and this is disproportionate to the amount of wealth they have.
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If Forbes spends what he says he is going to spend, he will surpass even Perot in terms of the amount of personal wealth he has devoted to his campaign.
Of course, the amount of accumulated wealth of the co-founder would be the most reliable indicator of his investment opportunities.
On top of that are the estimates of the amount of private wealth stashed offshore, which range from $21 to $32 trillion.
Calculations by Oxfam, which were published earlier this year, found that the 85 richest individuals in the world owned the same amount of wealth as the poorest half of the global population.
A paper released today by Oxfam makes the same point, noting that the richest 85 people in the world have the same amount of wealth – $1.7tn – as the bottom half of the Earth's population.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com