Q2 of 2025 and Q4 of 2024 had already seen new all-time highs set at or above 31%, as the wealth of the super-rich tends to recover quicker from setbacks like financial crises and global upheaval.
The net worth of the top 1% in the U.S. has been 30% almost since 2014, while the top 10% have 68%.
The 50% poorest Americans collectively own 2.5% of US wealth..
It’s good to see that trickle down is working so well.
Yes it’s apalling isn’t it Zeitghost, until about 20 years ago people broadly seemed to be getting gradually better off. Then it all went wrong with a few people getting obscenely rich and everyone else getting poorer.