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In 2022, families in America's top 10% held 60% of all wealth, up from 56% in 1989. Families in the top 1% held 23% of the nation's wealth in 1989, which has now grown to 27%.
The average wealth of households in the top 1 percent was about $35.5 million. In the top 0.1 percent, the average household had wealth of more than $158.6 million.
The top 0.1% of Americans represent the pinnacle of wealth, and joining this exclusive club requires a net worth of approximately $62 million. ... For some of the 0.1%, wealth is as much about ...
After the Great Recession which started in 2007, the share of total wealth owned by the top 1% of the population grew from 34.6% to 37.1%, and that owned by the top 20% of Americans grew from 85% to 87.7%. The Great Recession also caused a drop of 36.1% in median household wealth but a drop of only 11.1% for the top 1%. [55] [53]
The average personal wealth of people in the top 1% is more than a thousand times that of people in bottom 50%. [ 1 ] The logarithmic scale shows how wealth has increased for all percentile groups, though moreso for wealthier people.
This is a list of the world's countries measuring the income of the richest one percent each (before taxes and transfers). The source of the data is the United Nations Development Programme , and refers to the latest available date. [ 1 ]
Top 1%: $1,199,812 As you can see, you need an income well over three times the national average to crack the top 10%. It takes another $140,000 on top of that to make the top 5%.
States by number and share of households with more than $1 million in investable assets (2019) [2] Rank State Number of millionaire households Share of millionaire households 1 California: 1,147,251 8.51% 2 Texas: 650,216 6.32% 3 New York: 570,456 7.52% 4 Florida: 496,971 5.87% 5 Illinois: 346,873 7.13% 6 Pennsylvania: 328,859 6.44% 7 New Jersey