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In nations where wealth is highly concentrated in a small percentage of people (a higher Gini % in the tables below), the mean (obtained by dividing the total aggregate wealth by the number of adults) can be much higher than the median (the amount that divides the population into two equal groups). [citation needed]
Hurun Global Rich List Cities (2024) [2] [3]; Rank cities of residents Number of billionaires Country/Territory 1 New York: 119 United States 2 London: 97 United Kingdom 3 Mumbai: 92
In 2007, the top 20% of the wealthiest Americans possessed 80% of all financial assets. [14] In 2007, the richest 1% of the American population owned 35% of the country's total wealth, and the next 19% owned 51%. The top 20% of Americans owned 86% of the country's wealth and the bottom 80% of the population owned 14%.
In a recent survey, it was found that the real median net worth of Americans increased 37% between the years of 2019 and 2022. Considering this is the largest surge in a three-year period since ...
In March 2020, the average net worth of the 25 richest Americans was $43.45 billion. A year later, their average net worth is $65.58 billion — an over 50% increase in wealth. Although not every ...
If you're curious about where most Americans fall, the U.S. Census Bureau provides more insight. The top 20% of earners make around $130,545 per year, nearly double the median household income of ...
In the 1990s, the average American standard of living was regarded as amongst the highest in the world, and middle class and poor Americans were still, on average, richer than their counterparts in almost all other countries, though the gap with some European countries had noticeably narrowed. [38] [45]
This is over two times higher than the median household income of roughly $32,500. As previously noted, two of the 10 cities with the lowest minimum threshold to be a top 20% earner are in Ohio ...