The One Percent
|The One Percent|
|Directed by||Jamie Johnson|
|Produced by||Jamie Johnson
|Music by||Robert Miller|
|Editing by||Matthew Hamachek
The One Percent is a 2006 documentary about the growing wealth gap between America's wealthy elite compared to the overall citizenry. It was created by Jamie Johnson, an heir to the Johnson & Johnson fortune, and produced by Jamie Johnson and Nick Kurzon. The film's title refers to the top one percent of Americans in terms of wealth, who controlled 42.2 percent of total financial wealth in 2004.
The film premiered on April 29, 2006, at the Tribeca Film Festival. It was reported to have been purchased by HBO and a revised version of the film, substantially re-edited and incorporating footage shot since the 2006 festival screening, premiered on February 21, 2008 on HBO's Cinemax.
The film is 79 minutes long and features interviews with a diverse range of individuals:
- The Johnson Interviewer - When asked if he would donate his entire inheritance to charity, he said "That's not what we're here to talk about."
- Nicole Buffett - Adopted daughter of Warren Buffett's son Peter from a previous marriage, to whom Warren denied "legal and emotional" links.
- Estate tax proponent, author, and great-grandson of Oscar Mayer
- Steve Forbes - CEO of Forbes, Inc., former presidential candidate, proponent of a flat tax, and son of Malcolm Forbes
- Cody Franchetti - Italian baron, and heir to Milliken & Company
- Milton Friedman - Economist, and Nobel Laureate: 1976 winner of the Nobel Memorial Prize in Economic Sciences
- Bill Gates Sr. - Father of Bill Gates, and opponent of an estate tax repeal
- Michael Hakim
- James Hughes Jr. - Family wealth advisor, and author of the book Family Wealth--Keeping It in the Family
- Eddie Bernice Johnson - Former Chair of the Congressional Black Caucus
- Gretchen Johnson - Jamie Johnson's mother
- James Johnson - Jamie Johnson's father
- Adnan Khashoggi - International arms merchant, "There is no equality in life. Forget about it. We are what we are. We are created layers over each other. This is it."
- Claude R. Kirk, Jr. - Former governor of Florida
- Greg Kushner - Lido Wealth Conference Director
- John Lewis - U.S. Representative from Georgia
- Roy O. Martin - President of the Louisiana-based Martin Lumber Company
- Brian McNally - The Johnson family's financial advisor (asset manager)
- Dan Miller - Former U.S. Representative from Florida
- Karl Muth - Investment banking heir
- Ralph Nader - Consumer advocate and former presidential candidate
- Larry Noble - Center for Responsive Politics
- Paul Orfalea - Founder of Kinko's
- Kevin Phillips - Former Republican Party strategist
- Jimmie Price - Taxi driver
- Nathaniel P. Reed - Undersecretary of The Interior, from 1967-1973
- Robert Reich - Former U.S. Secretary of Labor
- Greg Schell - Attorney, Migrant Farmer Justice Program
- Edward Wolff - Professor of Economics, NYU
It was stated in the Page Six column of the New York Post that Warren Buffett had written a letter to Nicole Buffett, daughter of his son Peter's ex-wife from another marriage. In response to her participation in the film, distancing himself from her, he wrote "I have not emotionally or legally adopted you as a grandchild, nor have the rest of my family adopted you as a niece or a cousin."
- G. William Domhoff (September 2005 (updated July 2011)). "Wealth, Income, and Power". Retrieved October 21, 2011.
- Robert, Frank (2008-02-23). "The Rich Man's Michael Moore: Why an Heir Continues to Document -- and Anger -- the Wealthy". Wall Street Journal. Retrieved 2008-02-25.
- Schroeder, Alice (2008). The Snowball: Warren Buffett and the Business of Life. Bantam. p. 976.
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