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It is based on an annual assessment of wealth and assets by Forbes and by data from the Bloomberg Billionaires Index. The Forbes 400 Richest Americans list has been published annually since 1982. The combined net worth of the 2020 class of the 400 richest Americans was $3.2 trillion, up from $2.7 trillion in 2017. [1]
Elon Musk has since surpassed John D. Rockefeller as the richest person in the history of the United States, and of modern history, according to size of wealth compared to GDP. On December 2024 his wealth reached $474 billion dollars (1.61% of USA's GDP at that year) compared to Rockefeller's 1.5% at the height of his wealth.
The Forbes 400 is a report of who has the most wealth in the United States. They annually create a list of the richest people in America to exhibit the shape of the economy. The magazine displays the story of someone's rise to fame, their company, age, industrial residence, and education.
All told, 11 individual billionaires and one family added $841 billion to their total wealth in 2024. ... People. 7-Eleven is giving away free Slurpees on Jan. 31 to fight the 'winter gloom' Food.
The CBO writes that growth of wealth in the bottom 25% averaged 3.9% from 1989 to 2019 and 12.4% from 2019 to 2022—largely driven by increases through Social Security wealth. This story was ...
Here’s a look at how Americans’ wealth compares to the wealth of people in other countries with the highest average wealth. ... United States. Average wealth: $564,862. Median wealth: $112,157.
The total net worth of the United States remained between 4.5 and 6 times GDP from 1960 until the 2000s, when it rose as high as 6.64 times GDP in 2006, principally due to an increase in the net worth of US households in the midst of the United States housing bubble.
[2] [3] However, when looked at in relative terms, wealth is highly concentrated: the bottom 50% of Americans only share 2% of total household wealth while the top 1% hold 35% of that wealth. In the United States, as of 2019, the median household income is $60,030 per year and the median household net worth is $97,300, while the mean household ...