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Graph and download economic data for Households; Net Worth, Level (BOGZ1FL192090005Q) from Q4 1987 to Q1 2025 about net worth, Net, households, and USA.
In 2021, there were around about *** million high net worth individuals individuals in North America. High net worth individuals are those with financial assets worth at least *** ******* U.S. dollars.
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Graph and download economic data for Households; Net Worth, Level (BOGZ1FL192090005A) from 1987 to 2024 about net worth, Net, households, and USA.
The average net worth of families in the United States increased nearly twofold between 1989 and 2007, when it reached 687,000 U.S. dollars. Following the financial crisis of 2008, the average net worth of Americans families dropped to 580,000 U.S. in 2013. In the following years, American families' net worth started increasing again, reaching a value of nearly 750,000 U.S. dollars.
In 2021, about 7.89 million individuals in North America had financial assets worth at least one million U.S. dollars. This equaled to a combined worth of about 27.67 trillion U.S. dollars, an increase from 24.32 trillion U.S. dollars in 2020.
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Graph and download economic data for Share of Net Worth Held by the Top 0.1% (99.9th to 100th Wealth Percentiles) (WFRBSTP1300) from Q3 1989 to Q1 2025 about shares, net worth, wealth, percentile, Net, and USA.
As of 2019, 84 percent of millionaires in the United States had a net worth of between one million and two and a half million U.S. dollars. On the other end of the scale, 0.01 percent of millionaires had a net worth of over 500 million U.S. dollars.
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.
This statistic shows the median net worth by in U.S. households by age of householder in 2011. The net worth describes personal assets minus debt. Median denotes the midpoint of a group—in this case the point at which 50 percent of the households have more wealth and 50 percent have less. In 2011, the median net worth of people aged younger than 35 was 6,676 U.S. dollars. This is much less than the median net worth of all householders, which is at approximately 69,000 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.
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.
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Source ID: FL192090005.Q
For more information about the Flow of Funds tables, see the Financial Accounts Guide (https://www.federalreserve.gov/apps/fof/Default.aspx).
With each quarterly release, the source may make major data and structural revisions to the series and tables. These changes are available in the Release Highlights (https://www.federalreserve.gov/apps/fof/FOFHighlight.aspx).
In the Financial Accounts, the source identifies each series by a string of patterned letters and numbers. For a detailed description, including how this series is constructed, see the series analyzer (https://www.federalreserve.gov/apps/fof/SeriesAnalyzer.aspx?s=FL192090005&t=) provided by the source.
Between 2017 and 2024, the number of high net worth individuals (HNWIs) in the United States increased steadily from nearly 15.4 million to around 22.4 million. After 2024, the number of HNWIs is expected to increase further, reaching over 27 million in 2029.
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.
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.
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United States - Households and Nonprofit Organizations; Net Worth, Level was 169307.26900 Bil. of $ in January of 2025, according to the United States Federal Reserve. Historically, United States - Households and Nonprofit Organizations; Net Worth, Level reached a record high of 169360.79300 in October of 2024 and a record low of 806.61600 in October of 1945. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Households and Nonprofit Organizations; Net Worth, Level - last updated from the United States Federal Reserve on July of 2025.
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United States Net Worth: Financial Business data was reported at 136.201 USD bn in Mar 2018. This records an increase from the previous number of -208.581 USD bn for Dec 2017. United States Net Worth: Financial Business data is updated quarterly, averaging 0.384 USD bn from Dec 1951 (Median) to Mar 2018, with 266 observations. The data reached an all-time high of 927.379 USD bn in Dec 2008 and a record low of -679.185 USD bn in Dec 2016. United States Net Worth: Financial Business data remains active status in CEIC and is reported by Federal Reserve Board. The data is categorized under Global Database’s USA – Table US.AB074: Integrated Macroeconomic Accounts: Total Economy and Sectors: Selected Aggregates.
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Interactive monthly chart and 36 years of historical data from 1989 to 2025.
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United States US: General Government: Net Worth data was reported at -4,998.205 USD bn in 2017. This records an increase from the previous number of -5,108.220 USD bn for 2016. United States US: General Government: Net Worth data is updated yearly, averaging -775.727 USD bn from Dec 2001 (Median) to 2017, with 17 observations. The data reached an all-time high of 2,008.897 USD bn in 2007 and a record low of -5,108.220 USD bn in 2016. United States US: General Government: Net Worth data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s USA – Table US.IMF.IFS: Government Finance: Balance Sheet: Annual.
In 2023, there were nearly 22 million people with a net worth of over one million U.S. dollars in the United States, which put the country on the top of the ranking. China was ranked second in that year, with more than six million individuals with wealth exceeding one million U.S. dollars. The United Kingdom followed in third with around three million millionaires.
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Graph and download economic data for Households; Net Worth, Level (BOGZ1FL192090005Q) from Q4 1987 to Q1 2025 about net worth, Net, households, and USA.