Wealth distribution in America has become increasingly concentrated since 1990.
Today, the share of wealth held by the richest 0.1% is currently at its peak, with households in the highest rung having a minimum of $38 million in wealth.
Distribution of U.S. Household Wealth Below, we show how the share of household wealth breaks down by wealth bracket: Figures are as of Q4 for each year aside form 2023 where Q3 data was used based on the most recently available data.
With $20 trillion in wealth, the top 0.1% earn on average $3.3 million in income each year.
The greatest share of their wealth is held in corporate equities and mutual funds, which make up over one-third of their assets.
Since 1990, their total share of wealth has grown from from 9% to 14% in 2023-the biggest jump across all wealth brackets.
Averaging $51,000 in wealth, the bottom 50% make up the lowest share, accounting for 3% of the wealth distribution in America.
https://www.zerohedge.com/personal-finance/visualizing-wealth-distribution-america-1990-2023
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