Top 1% Dominates Middle Class Wealth
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wealth distributionUSA Today
•The top 1% of American earners now own more wealth than the entire middle class
85% Informative
More than one-quarter of all household wealth belongs to Americans who earn enough money to rank in the top percentile by income.
The top 1% holds $38.7 trillion in wealth, more than the combined wealth of America ’s middle class.
The number of deca-millionaires has more than doubled since 2000 , an economist says.
The middle class still owns nearly two-fifths of the nation’s real estate, federal data show.
The modern economy rewards high-skilled workers, who cannot be easily replaced by a machine or algorithm.
The returns from investing in education have never been higher, Brown 's Friedman says.
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