Wealth Statistics: Top 1% Gained 40% of The Nation’s Total Wealth GainSeptember 19, 2011 3:11 am
We have spotted some stats around how the wealthiest control the assets in the world – we spotted this today:
” more than 80% of the nation’s wealth gains between 1983 and 2009 went to the wealthiest top 5%. The top 1% gained 40% of the nation’s total wealth gain, while the next 4% gained 41.5%.
The share of wealth held by the bottom 60% dropped 7.5%.
Put another way, the top 1% gained an average of $4.5 million per household, while the next richest 4% gained $1.2 million.”
Statistics Source: WSJ
We had spotted the number of millionaires in the world earlier.