Americans Love the Billionaire, but Hate the Billionaires’ Club

How inequality is expressed matters for policy views.
Americans may respect and admire how individual billionaires – think Oprah Winfrey or Bill Gates – made their billions, even as they rage against the “top 1%” as a group, new research finds.
In eight related studies, people tended to have fewer problems with hearing about the extreme wealth of a particular wealthy person, even as they thought it was unfair that billionaires in general controlled so much riches.

“When there’s this group of people at the top, we think that’s unfair and wonder how luck or the economic system may have played …