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The top 10% of families held 76% of the wealth in 2013, while the bottom 50% of families held 1%. Inequality increased from 1989 to 2013. [1] The inequality of wealth (i.e. inequality in the distribution of assets) has substantially increased in the United States in recent decades. [2] Wealth commonly includes the values of any homes ...
The Pareto distribution gives 52.8% owned by the upper 1%. According to the OECD in 2012 the top 0.6% of world population (consisting of adults with more than US$1 million in assets) or the 42 million richest people in the world held 39.3% of world wealth. The next 4.4% (311 million people) held 32.3% of world wealth.
In absolute terms, affluence is a relatively widespread phenomenon in the United States, with over 30% of households having an income exceeding $100,000 per year and over 30% of households having a net worth exceeding $250,000, as of 2019. [2] [3] However, when looked at in relative terms, wealth is highly concentrated: the bottom 50% of ...
Between 2019 and 2022, Americans' real median net worth surged 37%, the largest three-year increase over the history of the Federal Reserve Board's triennial Survey of Consumer Finance. In ...
Net worth per capita (PPP) Net worth per capita (exchange rates) Percent of world net worth (PPP) Percent of world net worth (exchange rates) Real GDP per capita (PPP) Real GDP per capita (exchange rates) Percent of world GDP (PPP) Percent of world GDP (exchange rates) USA 4.67 71.39 143,727 143,727 25.4 32.65 35,619 35,619 21.97 31.49 Canada 0.5
American households reported an average retirement account balance of $333,940 and an average net worth of $1.06 million. Read on to see an age-based breakdown of those figures. A person dropping ...
The combined net worth of the 2020 class of the 400 richest Americans was $3.2 trillion, up from $2.7 trillion in 2017. [1] As of March 2023, there were 735 billionaires in the United States. [ 2 ]
In 1957, Fortune magazine developed a list of the seventy-six wealthiest Americans, which was published in many American newspapers. [6] Jean Paul Getty, when asked his reaction to being named wealthiest American and whether he was worth a billion dollars, said, "You know, if you can count your money, you don't have a billion dollars" and then added, "But remember, a billion dollars isn't ...
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