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Joe Ricketts' Wealth Sparks Controversy Over Wyoming Ranch Resort

4/9/2026

32 4 Full Breakdown

Summary

Story summary

Joe Ricketts, founder of Ameritrade, started with $12,500 in seed money.
His net worth rose to about $8 billion, aided by rising stocks and tax cuts.
His wealth and influence sparked conflict in Jackson, Wyoming after neighbors opposed a ranch resort bypassing wildlife protections.
Ricketts purchased a $9 million parcel intended for public use.
Recent data show the wealth of the top 0.1% has significantly outpaced others.

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Story summary

Joe Ricketts, founder of Ameritrade, started with $12,500 in seed money.
His net worth rose to about $8 billion, aided by rising stocks and tax cuts.
His wealth and influence sparked conflict in Jackson, Wyoming after neighbors opposed a ranch resort bypassing wildlife protections.
Ricketts purchased a $9 million parcel intended for public use.
Recent data show the wealth of the top 0.1% has significantly outpaced others.