Wealth Asset Breakdown: America’s Top 0.1% vs. Bottom 50%

Wealth Asset Breakdown: America’s Top 0.1% vs. Bottom 50%

See this visualization first on the Voronoi app. Use This Visualization Wealth Asset Breakdown: America’s Top 0.1% vs. Bottom 50% This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources. Key Takeaways America’s Richest 0.1% (134,000 households) own $11 trillion in equities, their largest asset class. This is worth more than the total…

The Middle Class, The Top 10% and the Bottom 50% - A Wealth of Common Sense

Here’s a crazy stat from Bloomberg: Half of American households account for 97.5% of the wealth in this country. This is the breakdown from Federal Reserve data: On the one hand these numbers — 2.5% of wealth — seem almost impossible for the bottom 50%. On the other hand, this is an improvement from the last decade. It was much worse coming out of the Great Financial Crisis. In 2011, the top 50% control...