In one segment, Oprah talked to the granddaughter of the 2nd richest man in the world.
Nicole Buffett is the granddaughter of billionaire investor Warren Buffett, the second-richest man in the world. Warren is particularly known for a lifestyle that is far less flamboyant than his wealth could allow. Although he paid for her education, Nicole says she isn't counting on receiving any more money from her grandfather. "He would never want any of his children or grandchildren to be [born too wealthy]," Nicole says. "He thinks it would kind of rob of us our experience."
Nicole who works as an artist and also earns money organizing the house of a wealthy family in San Francisco told Oprah,
"It's a very weird thing to be working for a very wealthy family considering I do come from one of the wealthiest families in America," Nicole says. "And I feel that the family I work for feels a bit of humor around the fact that I am from one of the wealthiest families, a wealthier family than I believe they are."
"I'm at peace with [not having inherited wealth]," she said, "but I do feel that it would be nice to be involved with creating things for others with that money and to be involved in it. I feel completely excluded from it."
On the other hand, a man who admits that he has a trust fund from his family has created controversy with his two documenteries discussing the taboo topic of the ultra rich.
Through his documentary films, Jamie Johnson brings viewers inside the culture of megarich families and exposes how they think, act and spend. As an heir to the Johnson & Johnson pharmaceutical fortune, Jamie has access to this exclusive world that 99 percent of America would never see.
His first film, Born Rich, exposed how 10 children from wealthy families spent their time and their money. For his new film, The One Percent, Jamie turns the camera on his own family, breaking what he calls an "unspoken rule" of families with old money—he confronted them about their class, wealth and inheritance.
According to Jamie's; The One Percent, since 1979...
The top one percent of Americans own roughly 40 percent of the country's wealth.
The top one percent possesses more wealth than the bottom 90 percent combined.
An average member of the top one percent earns roughly $862,000 a year while a majority of Americans earn only $34,736. That's what the average CEO earns in less than one day of work!
In other segments Oprah, discussed lower classes and their struggles, including the remodeling of former public housing, Gabrini Green, into condo's, forcing the low income residents out of the neighborhood.
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