👀 About 1 Million U.S. Households Hold Nearly $50 Trillion in Wealth

Key Takeaways

• There are two types of households in the U.S., the rich half and the poorer half.
• The rich half own 98% U.S. wealth. The poorer half, only 2%.
• In that rich half, the top 1% (which is slightly more than one million households) owns close to one-third of all U.S. wealth.
• These figures are sourced from the “total net worth” section of the Federal Reserve as of Q3, 2024.

💰 U.S. Wealth Distribution is Top Heavy

The Bottom 50% of America, numbering 66.5 million households collectively hold only around $4 trillion of all assets in the country.

For reference, the total net worth of all U.S. households is close to $160 trillion.