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Most Americans have never heard of the über-private Yellowstone Club, an ultra-wealthy enclave where Jack and a few hundred families are members. Located about fifty miles northwest of Teton County, it is not hyperbole to say that it is perhaps the most exclusive private club in the world. Owning a…

• The average income for the top 1 percent in Teton County is $28.2 million. This is by far the highest for all counties in the United States. To put in context, the lowest is Quitman County, Georgia, where the 1 percent makes $127,425 a year.
• The top 1 percent in Teton County make 233 times mor…

To the first main cause, it is well-known that the state of Wyoming does not collect personal income tax. Nor does it levy a corporate income tax. It also has one of the lowest sales tax rates in the country. In addition to its cultural and political aversion to taxes, Wyoming has not needed to col…

[...] Data show that the majority came from financial investments, rather than wages or salaries people take home from a typical 9-to-5 job. It was not always this way. During the early and mid-twentieth century, income from investments in Teton County mirrored that of the rest of the United States…

Teton County, Wyoming, proved to be an exemplary case study site because, as noted earlier, not only is it the richest county in the United States, and the county with highest levels of income inequality, but it is also a place where these patterns developed rapidly over the last thirty years or so…