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Olivia Theresa Longott [1] (born February 15, 1981) [2] is an American R&B singer. She is best known for performing with the hip hop group G-Unit and also known as a cast member on the VH1 reality television series Love & Hip Hop: New York .
The top 10% of Americans by net worth had a median retirement account balance of $900,000 as of 2022. Note this is the median, not the average, which can be skewed by particularly high or low numbers.
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]
For those looking to have a more reasonable goal, a household net worth of $1.17 million will get you into the top 5%, and about $970,000 earning your household a spot in the top 10%.
The middle 20% paid 10.3% of taxes while getting 11.4% of the income, and the top 1%, those with yearly incomes averaging $1,371,000, paid 21.6% of taxes while getting 21% of total income. Across eight income groups whose data were reported, the largest difference between total taxes paid and total income received was just 1.7 percentage points.
The top 10% of American households by net worth had an average of $1.29 million in their retirement accounts in 2022, according to the Federal Reserve’s Survey of Consumer Finances.
Real family income for the bottom 20% increased by 7.4% from 1979 to 2009 while it increased by 49% for the top 20% and increased by 22.7% for the second top fifth of American families. [34] [35] As of 2007, the United Nations estimated the ratio of average income for the top 10% to the bottom 10% of Americans, via the Gini Coefficient, as 15.9 ...
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