The Reasons Americans Can’t Live A Normal Live Is Oligarchs And Billionaires
As of 2023–2024, the top 10% of American households hold over two-thirds to over 90% of U.S. wealth, depending on the data source, with the top 1% holding roughly 30–40%. The richest half (top 50%) of households own nearly 97.5% of the nation’s wealth, leaving only 2.5% for the bottom 50%.
- Top 10%: Owns over 77% to 90% of total U.S. wealth.
- Top 1%: Holds roughly 30–31% of the total, making them nearly as wealthy as the entire bottom 90% combined.
- The Richest Half: The top 50% own approximately 97.5% of total net worth ($139.4 trillion in 2023), according to USAFacts.
- Stock Market Concentration: The top 10% own over 87% of all stocks.