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The top 10% of families held 76% of the wealth in 2013, while the bottom 50% of families held 1%. Inequality increased from 1989 to 2013. [1] The inequality of wealth (i.e. inequality in the distribution of assets) has substantially increased in the United States in recent decades. [2] Wealth commonly includes the values of any homes ...
Affluence refers to an individual's or household's economical and financial advantage in comparison to others. [1] It may be assessed through either income or wealth . In absolute terms, affluence is a relatively widespread phenomenon in the United States, with over 30% of households having an income exceeding $100,000 per year and over 30% of ...
The American upper class is a social group within the United States consisting of people who have the highest social rank, due to economic wealth, lineage, and typically educational attainment. [2] [3] The American upper class is estimated to be the richest 1% of the population. The American upper class is distinguished from the rest of the ...
Wealth inequality is increasing: The top .1% owned approximately 22% of the wealth in 2012, versus 7% in 1978. The top 1% share of wealth was at or below 10% from 1950 to 1987. A conflicting estimate found that they held some 15%. The top 400 Americans had net worth of $2 trillion in 2013, more than the bottom 50%.
The Pareto distribution gives 52.8% owned by the upper 1%. According to the OECD in 2012 the top 0.6% of world population (consisting of adults with more than US$1 million in assets) or the 42 million richest people in the world held 39.3% of world wealth. The next 4.4% (311 million people) held 32.3% of world wealth.
The chart below depicts the 100 highest income counties in the United States by median household income according to the 2020 United States census. Virginia has the most counties in the top 100 with 18 followed by California with 11; Maryland with 10; New Jersey with nine; New York and Texas with six each; Illinois with five; Colorado, Massachusetts, and Minnesota with four each; Ohio and ...
It is based on an annual assessment of wealth and assets by Forbes and by data from the Bloomberg Billionaires Index. The Forbes 400 Richest Americans list has been published annually since 1982. The combined net worth of the 2020 class of the 400 richest Americans was $3.2 trillion, up from $2.7 trillion in 2017.
Since 2009, the salaries per annum of members of the United States Congress have been as follows: [6] Position. Salary. Speaker of the House of Representatives. $223,500. Majority leader and minority leader of the House of Representatives. $193,400. President pro tempore of the Senate. $193,400.