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However, after the Great Recession which started in 2007, the share of total wealth owned by the top 1% of the population grew from 34.6% to 37.1%, and that owned by the top 20% of Americans grew from 85% to 87.7%.
American rapper Jay-Z is the wealthiest music artist in the world, with Forbes estimating his net worth at $2.5 billion in 2024.. The following is a list of music artists with the highest recorded net worth (also known as wealthiest musicians or richest musicians), based on calculations by reputable publications such as Forbes and The Sunday Times Rich List.
Steven Spielberg is the most represented director on the chart, with six films to his credit, occupying the top spot in 1975, 1981, 1982, 1984, 1989 and 1993. Cecil B. DeMille (1932, 1947, 1949, 1952 and 1956) is in second place with five films and William Wyler (1942, 1946, 1959 and 1968) and James Cameron (1991, 1997, 2009 and 2022) are tied ...
According to economist Janet Yellen "the growth [in real income] was heavily concentrated at the very tip of the top, that is, the top 1 percent". [41] Between 1979 and 2005, the mean after-tax income of the top 1% increased by an inflation adjusted 176% versus 69% for the top 20% overall.
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) United States: 4.67 71.39 143,727 143,727 25.4 32.65 35,619 35,619 21.97 31.49 Canada: 0.5 74.18 89,252 70,916 1.7 1.74 28,731 22,828 1.91 2. ...
The U.S. Securities and Exchange Commission requires all SEC-registered investment advisers to periodically file a report known as Form ADV. [13] Form ADV requires each investment adviser to state how many of their clients are "high-net-worth individuals", among other details; its Glossary of Terms explains that a "high-net-worth individual" is a person who is either a "qualified client" under ...
One half, 49.98%, of all income in the US was earned by households with an income over $100,000, the top twenty percent. Over one quarter, 28.5%, of all income was earned by the top 8%, those households earning more than $150,000 a year. The top 3.65%, with incomes over $200,000, earned 17.5%.
The top .1% owned approximately 22% of the wealth in 2012, versus 7% in 1978. The top 1% share of wealth was at or below 10% from 1950 to 1987. [81] [169] A conflicting estimate found that they held some 15%. [29] The top 400 Americans had net worth of $2 trillion in 2013, more than the bottom 50%. Their average net worth was $5 billion. [277]