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July 23, 2014

Shakopee Mdewakanton is nation’s richest tribe

A generation ago, the Shakopee Mdewakanton tribe of Minnesota lived in a motley collection of beat-up trailer homes without indoor plumbing. Today, casino and resort profits have made the Shakopee Mdewakanton the richest tribe in American history as measured by individual personal wealth: Each adult receives about $1.08 million a year, the New York Times reports. Note: The Shakopee Mdewakanton Sioux community is an investor in BringMeTheNews.