3 ms·
the top 1% own 31% of all the net wealth in the US, which isn't the same as income - but gives a good idea of how disproportionate their share is 38.5% seems t
by ausbah 5y ago
the top 1% own 31% of all the net wealth in the US, which isn't the same as income - but gives a good idea of how disproportionate their share is
38.5% seems too low
https://www.federalreserve.gov/releases/z1/dataviz/dfa/distribute/chart/#quarter:119;series:Assets;demographic:networth;population:all;units:levels;range:2005.2,2020.2 https://www.federalreserve.gov/releases/z1/dataviz/dfa/distr...
- WalterBright 5y agoPeople creating wealth are not taking it from others. Wealth is not zero sum.