The average net worth of families in the United States increased nearly twofold between 1989 and 2007, when it reached ******* U.S. dollars. Following the financial crisis of 2008, the average net worth of Americans families dropped to ******* U.S. in 2013. In the following years, American families' net worth started increasing again, reaching a value of nearly ******* U.S. dollars.

Graph and download economic data for Households; Net Worth, Level (BOGZ1FL192090005Q) from Q4 1987 to Q1 2025 about net worth, Net, households, and USA.

This statistic shows the median net worth of families in the United States from 1983 to 2013, by income tier. In 2013, middle class families had a median net worth of about 98,057 U.S. dollars.

This study defined middle class income households as those with an income between 67 and 200 percent of the U.S. median household income, after adjustment for household size. In 2014, the middle class income ranged from about 42,000 U.S. dollars to about 126,000 U.S. dollars per year for a three-person household.

Graph and download economic data for Households; Net Worth, Level (BOGZ1FL192090005A) from 1987 to 2024 about net worth, Net, households, and USA.

Graph and download economic data for Share of Net Worth Held by the 50th to 90th Wealth Percentiles (WFRBSN40188) from Q3 1989 to Q1 2025 about net worth, wealth, percentile, Net, and USA.

This statistic shows a comparison of the median net worth of U.S. households in 1984 and 2009 for two age groups: young families, where the householder is younger than 35, and mostly retired households, where the householder is 65 or older. The median net worth of young households has decreased from 11,521 U.S. dollars in 1984 to 3,662 U.S. dollars in 2009.

Graph and download economic data for Share of Net Worth Held by the Top 1% (99th to 100th Wealth Percentiles) (WFRBST01134) from Q3 1989 to Q1 2025 about net worth, wealth, percentile, Net, and USA.

In the first quarter of 2024, almost two-thirds percent of the total wealth in the United States was owned by the top 10 percent of earners. In comparison, the lowest 50 percent of earners only owned 2.5 percent of the total wealth. Income inequality in the U.S. Despite the idea that the United States is a country where hard work and pulling yourself up by your bootstraps will inevitably lead to success, this is often not the case. In 2023, 7.4 percent of U.S. households had an annual income under 15,000 U.S. dollars. With such a small percentage of people in the United States owning such a vast majority of the country’s wealth, the gap between the rich and poor in America remains stark. The top one percent The United States follows closely behind China as the country with the most billionaires in the world. Elon Musk alone held around 219 billion U.S. dollars in 2022. Over the past 50 years, the CEO-to-worker compensation ratio has exploded, causing the gap between rich and poor to grow, with some economists theorizing that this gap is the largest it has been since right before the Great Depression.

As of 2019, ** percent of millionaires in the United States had a net worth of between *********** and ********************** U.S. dollars. On the other end of the scale, **** percent of millionaires had a net worth of over *** million U.S. dollars.

As of April 2025, Elon Musk was estimated as the wealthiest person in the United States with a net worth of around 342 billion dollars. Richest people in the United States - additional information Every year since 1982, the American business magazine Forbes has been compiling lists of the 400 richest people in the United States, known as the “Forbes 400.” In addition to that, since 1987, the publication has also been compiling a ranking of the 500 richest people in the world (excluding royalty and dictators), as well as more specialized tops, such as “World's Most Powerful Women,” “America's Richest Families,” “Most Valuable Brands” or “30 Under 30,” which focuses on young entrepreneurs from various fields which have gained millions in the past year by the use of social media, technical innovations and generally new and fresh approaches to business.

In 2023, roughly 1.49 billion adults worldwide had a net worth of less than 10,000 U.S. dollars. By comparison, 58 million adults had a net worth of more than one million U.S. dollars in the same year. Wealth distribution The distribution of wealth is an indicator of economic inequality. The United Nations says that wealth includes the sum of natural, human, and physical assets. Wealth is not synonymous with income, however, because having a large income can be depleted if one has significant expenses. In 2023, nearly 1,700 billionaires had a total wealth between one to two billion U.S. dollars. Wealth worldwide China had the highest number of billionaires in 2023, with the United States following behind. That same year, New York had the most billionaires worldwide.

Graph and download economic data for Households; Net Worth, Transactions (BOGZ1FA192090005Q) from Q1 1988 to Q1 2025 about net worth, transactions, Net, households, and USA.

In 2023, just over 50 percent of Americans had an annual household income that was less than 75,000 U.S. dollars. The median household income was 80,610 U.S. dollars in 2023. Income and wealth in the United States After the economic recession in 2009, income inequality in the U.S. is more prominent across many metropolitan areas. The Northeast region is regarded as one of the wealthiest in the country. Maryland, New Jersey, and Massachusetts were among the states with the highest median household income in 2020. In terms of income by race and ethnicity, the average income of Asian households was 94,903 U.S. dollars in 2020, while the median income for Black households was around half of that figure. What is the U.S. poverty threshold? The U.S. Census Bureau annually updates its list of poverty levels. Preliminary estimates show that the average poverty threshold for a family of four people was 26,500 U.S. dollars in 2021, which is around 100 U.S. dollars less than the previous year. There were an estimated 37.9 million people in poverty across the United States in 2021, which was around 11.6 percent of the population. Approximately 19.5 percent of those in poverty were Black, while 8.2 percent were white.

The Latin American wealth management market, valued at $1.18 billion in 2025, is projected to experience steady growth, driven by a rising high-net-worth individual (HNWI) population, increasing disposable incomes, and a growing awareness of sophisticated wealth management strategies. The market's compound annual growth rate (CAGR) of 2.34% from 2025 to 2033 indicates a consistent, albeit moderate, expansion. Key growth drivers include the increasing financial sophistication of the region's affluent population, coupled with a demand for personalized financial planning and investment solutions tailored to the unique economic and political landscape of Latin America. This is further fueled by a growing entrepreneurial class and favorable regulatory changes in some key markets, promoting foreign investment and fostering the growth of private banking and family office services. The segment breakdown shows a significant contribution from HNWIs, while Private Bankers and Family Offices are the dominant players in the wealth management firm type segment. Brazil is expected to be the largest market within the region, followed by other key countries like Chile, Peru, and Colombia, each with unique growth dynamics influenced by local economic conditions and regulatory environments. While market growth is projected to be stable, competitive pressures amongst established international players (Credit Suisse, UBS, Morgan Stanley) and strong local players (BTG Pactual, Itaú Private Bank, Bradesco) will be key factors in determining the success and market share of individual firms. Growth will be influenced by macroeconomic conditions, political stability, and investor sentiment within each country. For instance, economic fluctuations in Brazil can significantly impact the overall market performance. The penetration of digital wealth management platforms is expected to gradually increase, presenting both opportunities and challenges for traditional players. Challenges include adapting to changing client expectations and investing in technological infrastructure. Successful firms will need to demonstrate a deep understanding of local market nuances and provide tailored services to meet the specific needs and risk profiles of their clientele in a region characterized by diverse economic landscapes and investment preferences. The continued growth potential of Latin America's wealth management sector hinges on addressing these challenges and capitalizing on the unique opportunities presented by this dynamic market. Recent developments include: In 2021, BTG Pactual hired a private banker from the Swiss private bank Credit Suisse for its Miami wealth management business. Leonardo Brayner joined the Brazilian group after having spent 11 years at Credit Suisse's offices in The Bahamas, where he most recently served as a vice president of wealth management on its client service desk., In 2021, Credit Suisse made a USD 400 million cash distribution, in line with its announcement that Credit Suisse would repay some of the money from the closed Greensill supply chain funds. The money will be paid to the investors in the bank's Virtuoso SICAV-SIF funds. Credit Suisse's four Virtuoso SICAV-SIF funds were invested in the supply chain funds.. Notable trends are: Alternative Assets To Boom In Latin America.

This statistic shows the median household wealth in the United States in 2016, by race. In 2016, the median Black household wealth was 17,600 U.S. dollars.

In 2023, by far the highest number of individuals with net assets of at least ** million U.S. dollars worldwide were residing in North America, reaching over ******* people. Asia recorded the second highest number of UHNWIs in the world with over ******* individuals.A small share owns vast sums of wealthThe vast majority of global wealth is concentrated in the hands of a few people. Only *** percent of the global population owns assets worth more than *** million U.S. dollars. The richest people in the world are Elon Mask, Jeff Bezos, and Bernard Arnault. When it comes to women, Francoise Bettencourt Meyers led the ranking of the most affluent women worldwide. The wealth of over ** percent of UHNWIs was self-made. Where UHNWIs live and where they leave Unsurprisingly, as North America is the world region with the highest number of UHNWIs, the United States is the country with the highest UHNWI count. However, Hong Kong, special administrative (SAR) region in China, is the city with the highest number of UHNWIs. Nevertheless, China was the country that recorded the highest outflux of UHNWIs in 2022.

The total financial assets of households and nonprofit organizations in the United States grew steadily since 2000, except for a drop in 2018. The value of household financial assets increased from around 34.46 trillion U.S. dollars in 2000, up to around 118.34 trillion U.S. dollars in 2023.

In Europe, the variation in average amounts of financial wealth per adult varied considerably as of 2022, from approximately ******* U.S. dollars in Switzerland to roughly ***** U.S. dollars in Azerbaijan. In Europe, the overall average financial wealth per adult as of 2022 was ****** U.S. dollars. In terms of private wealth, Europe held the second highest value in the world, after North America. What is financial wealth? Financial wealth, also known as financial assets or liquid assets can include wealth that an individual has in the forms of cash, stocks, bonds, mutual funds, and bank deposits. In addition to financial wealth, wealth can also be measured in other assets, called non-financial wealth. This includes physical assets, such as real estate, land, vehicles, jewelry, and art, just to name a few. Where do most wealthy individuals live? Individuals with a net worth over *********** U.S. dollars are called high-net worth individuals (HNWI). The United States was the home country to the highest number of HNWIs in 2021. China followed, although their number of HNWIs did not even reach ********* of the number in the United States. In Europe, Switzerland is the country with the highest average financial wealth per adult, but with its small population size, the number of HNWIs does not come near the numbers in the United Kingdom, Germany, France, and Italy – the European countries with the highest number of HNWIs. Considering Switzerland’s small population size, however, it is the country in the world with the highest proportion of millionaires.

Between 2017 and 2024, the number of high net worth individuals (HNWIs) in the United States increased steadily from nearly **** million to around **** million. After 2024, the number of HNWIs is expected to increase further, reaching over ** million in 2029.

This statistic shows the median household income in the United States from 1990 to 2023 in 2023 U.S. dollars. The median household income was 80,610 U.S. dollars in 2023, an increase from the previous year. Household incomeThe median household income depicts the income of households, including the income of the householder and all other individuals aged 15 years or over living in the household. Income includes wages and salaries, unemployment insurance, disability payments, child support payments received, regular rental receipts, as well as any personal business, investment, or other kinds of income received routinely. The median household income in the United States varies from state to state. In 2020, the median household income was 86,725 U.S. dollars in Massachusetts, while the median household income in Mississippi was approximately 44,966 U.S. dollars at that time. Household income is also used to determine the poverty line in the United States. In 2021, about 11.6 percent of the U.S. population was living in poverty. The child poverty rate, which represents people under the age of 18 living in poverty, has been growing steadily over the first decade since the turn of the century, from 16.2 percent of the children living below the poverty line in year 2000 to 22 percent in 2010. In 2021, it had lowered to 15.3 percent. The state with the widest gap between the rich and the poor was New York, with a Gini coefficient score of 0.51 in 2019. The Gini coefficient is calculated by looking at average income rates. A score of zero would reflect perfect income equality and a score of one indicates a society where one person would have all the money and all other people have nothing.