Comparing How America’s Richest 0.1% and Bottom 50% Store Wealth

Key Takeaways

• America's richest 0.1% (134K households) own $11T in equities, their largest asset class
• This is worth more than the total combined assets of the Bottom 50% (66.6 million households).
• The Bottom 50%'s largest asset is real estate, most likely their primary homes.

Liquid vs Illiquid Assets

Aside from the differences in assets, it's also interesting to know that the super-rich’s wealth is mostly liquid: where stock can be sold and converted to cash easily.

However the Bottom 50% percent’s wealth is mostly in housing and durables (like cars) which are far harder to sell.