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In 2014 a record breaking net worth of $80.7 trillion was achieved. [64] The income disparities even within the top 1.5% are quite drastic. [65] While households in the top 1.5% of households had incomes exceeding $250,000, 443% above the national median, their incomes were still 2200% lower than those of the top 0.1% of households.
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]
Here's a look at the minimum net worth needed to join the 1% in select countries as of the end of 2023: • Monaco: $12.88 million • Luxembourg: $10.83 million
American households reported an average retirement account balance of $333,940 and an average net worth of $1.06 million. Read on to see an age-based breakdown of those figures. A person dropping ...
This figure represents the 90th percentile of net worth across all American families. Net Worth by Age Group. The net worth required varies significantly by age group, with older Americans ...
The American upper class is a social group within the United States consisting of people who have the highest social rank, due to economic wealth, lineage, and typically educational attainment. [2][3] The American upper class is estimated to be the richest 1% of the population. The American upper class is distinguished from the rest of the ...
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 Pareto distribution gives 52.8% owned by the upper 1%. According to the OECD in 2012 the top 0.6% of world population (consisting of adults with more than US$1 million in assets) or the 42 million richest people in the world held 39.3% of world wealth. The next 4.4% (311 million people) held 32.3% of world wealth.