3 ms·
https://www.federalreserve.gov/releases/z1/dataviz/dfa/distribute/chart/#quarter:127;series:Assets;demographic:networth;population:1,3,5,7;units:shares https://
by bellyfullofbac 5y ago
https://www.federalreserve.gov/releases/z1/dataviz/dfa/distribute/chart/#quarter:127;series:Assets;demographic:networth;population:1,3,5,7;units:shares https://www.federalreserve.gov/releases/z1/dataviz/dfa/distr...
Hopefully the Fed is trustworthy enough...
90% to 99% own 35.8% of all assets, and, the remaining 1% own 29.2%. So the top 10% own 65% of all assets.
- GaryTang 5y agoSo the top 1% owns almost as much as the 1-10%, wow!