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The top 10% richest American households had an average of $8.1 million in all assets put together, which may include real estate, cash value life insurance, savings bonds etc.
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.
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]
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 income ...
The wealthiest 10% of Americans hold the lion's share of the country’s assets, so their heirs are in position to take in the majority of the wealth that will be passed down.
Cost-of-living in America is still out of control — use these 3 'real assets' to protect your wealth ... the average yearly earnings of those in the top 10% of Americans were roughly $183,511 in ...
A new study published Thursday in the journal PLOS Climate found the wealthiest 10% of Americans are responsible for almost half of planet-heating pollution in the US, and called on governments to ...
For example, in 2012 the bottom 60% of the world population held the same wealth in 2012 as the people on Forbes' Richest list consisting of 1,226 richest billionaires of the world. A 2021 Oxfam report found that collectively, the 10 richest men in the world owned more than the combined wealth of the bottom 3.1 billion people, almost half of ...