Well, if you look at it that way..........

Daniel Greenfield looks at the concentration of wealth:

"The top 10 wealthiest men and women in America barely have 250 billion dollars between them. That sounds like a lot of money, until you look at annual Federal budgets which run into the trillions of dollars, and the country's national debt which approaches 15 trillion dollars. And that's not taking into account state budgets. Even Rhode Island, the smallest state in the union, with a population of barely a million, has a multi-billion dollar budget.

"As the 10th richest man in America, Michael Bloomberg wields a personal fortune of a mere 18 billion dollars, but as the Mayor of the City of New York, he disposes of an annual budget of 63 billion dollars. In a single year, he disposes of three times his own net worth. A sum that would wipe out the net worth of any billionaire in America. That is the difference between the wealth wielded by the 10th wealthiest man in America, and the mayor of a single city. And that is the real concentration of wealth. Not in the hands of individuals, but at every level of government, from the municipal to the state houses to the White House."

If I understand his point, what he is really talking about is power and control, not wealth.  If he wants to make the case that taxing the uber-wealthy into oblivion will not solve the fiscal problems of government, fair enough.  But comparing private net worths with governmental budgets is real stretch. Governments have taken upon themselves some interesting expenses, usually at our request.  Which is why no amount of money seems to be enough.  The net worth of Bloomberg et. al. is tangible.  The net worth of the government is comprised of intangibles.  What is the real value of a functioning highway system, an effective water or sewer treatment plant, or the system of recording, and enforcing, deeds and mortgages?  Just asking.

Just as a side note:  the 63 billion number caught my eye, so the Oracle Google was consulted:

The New York City government's budget is the largest municipal budget in the United States. The city government spends about $61 billion a year, employs 250,000 people, spends $21 billion to educate more than 1.1 million children, levies $27 billion in taxes, and receives $14 billion from federal and state governments