Top 0.1% Holds Same Amount of Wealth as Bottom 90%


Source: Deutsche Bank Research

 

We all know income inequality is pretty wide in the USA, but the wealth ownership data via DB is quite astonishing. Note the change post WW2, and the subsequent reversion.

 

From Torsten Slok:

US wealth ownership has changed significantly over the past several decades and the top 0.1% of households now hold the same amount of wealth as the bottom 90% (see chart).

 

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