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The inequality of wealth (i.e. inequality in the distribution of assets) has substantially increased in the United States since the late 1980s. [2] Wealth commonly includes the values of any homes, automobiles, personal valuables, businesses, savings , and investments , as well as any associated debts.
English: Chart showing household wealth, by percentile, in the United States Data source: Sullivan, Brianna; Hays, Donald; Bennett, Neil. The Wealth of Households: 2021 / Current Population Reports / P70BR-183 2 (Table 1). United States Census Bureau (June 2023). Archived from the original on May 24, 2024.
The Pareto Distribution has often been used to mathematically quantify the distribution of wealth at the right tail (the wealth of the very rich); stating that the upper 20% owns 80%, the upper 4% owns 64%, the upper 0.8% owns 51.2%, etc. In fact, the tail of wealth distributions, similar to that of income distribution, behaves like a Pareto ...
Families in the bottom half of the distribution held 6% of all wealth in both 1989 and 2022. Life in the top 10% Families whose wealth exceeds $2.9 million find themselves in the top 10% of wealth ...
Average wealth of bottom 50 percent. $3.82 trillion (2.5 percent) $58,149. Average wealth of 50th – 90th percentile. $47.55 trillion (30.8 percent) $903,799. Average wealth of 90th – 99th ...
It isn't hard to see why there is such a yawning gap between the richest Americans and the rest of us. Since 1976, the share of national income earned by the top one percent of workers has nearly ...
Lorenz curve for US wealth distribution in 2016 showing negative wealth and oligarchy. The Lorenz curve is a probability plot (a P–P plot) comparing the distribution of a variable against a hypothetical uniform distribution of that variable.
World distribution of wealth, GDP, and population by region in the year 2000. World distribution of wealth is the distribution of how wealth is distributed around the world. The guideline for categorizing the data is to organize it based on the continent on which the people with wealth reside.