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The top 20% of Americans owned 86% of the country's wealth and the bottom 80% of the population owned 14%. In 2011, financial inequality was greater than inequality in total wealth, with the top 1% of the population owning 43%, the next 19% of Americans owning 50%, and the bottom 80% owning 7%. [ 15]
[2] [3] However, when looked at in relative terms, wealth is highly concentrated: the bottom 50% of Americans only share 2% of total household wealth while the top 1% hold 35% of that wealth. In the United States, as of 2019, the median household income is $60,030 per year and the median household net worth is $97,300, while the mean household ...
However, even within the top 1%, there's a wide range of wealth levels. The ultrahigh net worth individuals (UHNWI) category, which includes those with at least $30 million, is growing.
It is based on an annual assessment of wealth and assets by Forbes and by data from the Bloomberg Billionaires Index. The Forbes 400 Richest Americans list has been published annually since 1982. 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]
Every three years the Federal Reserve outlines family net worth average and medians by age group. Here’s the latest data , released in October 2023. 35 and under: average of $183,500 and median ...
The net worth required varies significantly by age group, with older Americans generally having more time to accumulate wealth: • 18-29: $281,550 • 30-39: $711,400
The American upper class is a social group within the United States consisting of people who have the highest social rank, due to economic wealth, lineage, and typically educational attainment. [ 2][ 3] The American upper class is estimated to be the richest 1% of the population. The American upper class is distinguished from the rest of the ...
Net worth is on the rise. While many Americans are struggling with rising interest rates and inflation, the Federal Reserve’s most recent Survey of Consumer Finances (SCF) found that the median ...