U.S. top 0.1% wealth surges, widening gap within the top 1%
- 1An analysis of Federal Reserve data by Fortune shows the average wealth of top 0.1% households reached $204 million.
- 2The ratio of top 0.1% household wealth to one of the remaining households within the top 1% rose to 7.7 times from 6.2 times at the end of 2019.
- 3Currently, the 136,779 households in the top 0.1% according to the Fed hold 15% of the nation's household wealth.
So what's the key point?
The wealth of the very rich top 0.1% households in the U.S. has increased significantly. Within the top 1%, the gap has widened as their wealth became 7.7 times greater than other households in that group.
Source Fortune · View original ↗
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