Hmm, this article seems to say they are. "The wealthiest 10% of Americans own a record 89% of all U.S. stocks" https://www.cnbc.com/2021/10/18/the-wealthiest-

Hmm, this article seems to say they are. "The wealthiest 10% of Americans own a record 89% of all U.S. stocks" https://www.cnbc.com/2021/10/18/the-wealthiest-10percent-of-americans-own-a-record-89percent-of-all-us-stocks.html https://www.cnbc.com/2021/10/18/the-wealthiest-10percent-of-... Somewhere I read that the top 1% owns about 50% of stocks.