The Composition of Wealth: The Top 1% holds 40% of U.S. Wealth
Source: Edward N. Wolff (2017). Survey of Consumer Finances – I highly recommend you give the paper a read, it really gives quite a thorough breakdown. NOTES & OBSERVATIO
Wealth Inequality and Distribution in the USA
Many thanks to reader Matthew from my post “Let’s give generous rich folks a break, OK” for directing me to this video! QUICK FACTS FROM THE VIDEO 1% of America h