/Wealth Ownership in America

Wealth Ownership in America

This data series is simply astonishing:

The top 0.1% of taxpayers (170,000 families) control 20% of American wealth, the highest share since 1929.

The top 1% control 39% of U.S. wealth, and the bottom 90% have only 26%.

The bottom half of Americans combined have a negative net worth.

Here is an amazing chart tracing the return to the Gatsby era from the early 1980s until present:

 

America

Source: Bloomberg BusinessWeek

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