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.

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.

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 Q4 2024 about shares, net worth, wealth, percentile, Net, and USA.

Graph and download economic data for Net Change in Total Assets and Liabilities by Age: from Age 65 to 74 (CXUCHGASLILB0408M) from 1990 to 2023 about 65-years +, change, age, liabilities, Net, assets, 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 Households; Net Worth, Level (BOGZ1FL192090005Q) from Q4 1987 to Q4 2024 about net worth, Net, households, and USA.

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.

In the first quarter of 2024, 51.8 percent of the total wealth in the United States was owned by members of the baby boomer generation. In comparison, millennials own around 9.4 percent of total wealth in the U.S. In terms of population distribution, there is almost an equal share of millennials and baby boomers in the United States.

Graph and download economic data for Net Change in Total Assets by Age: from Age 25 to 34 (CXUCHGASSETLB0403M) from 1984 to 2023 about change, age, 25 years +, Net, assets, and USA.

United States - Households and Nonprofit Organizations; Net Worth, Level was 169360.79300 Bil. of $ in October of 2024, 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 March of 2025.

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.

Graph and download economic data for Minimum Wealth Cutoff for the Top 0.1% (99.9th to 100th Wealth Percentiles) (WFRBLTP1311) from Q3 1989 to Q3 2022 about wealth, percentile, and USA.

New Jersey has the highest rate of millionaires, with 9.76% of households showing a net worth of $1 million or above. That means that 246,058 New Jersey households are millionaires.

Data from the Credit Suisse Global Wealth Report shows that in 2023 there were just under 30 million millionaires in the US.

Graph and download economic data for Net Worth Held by the 50th to 90th Wealth Percentiles (WFRBLN40080) from Q3 1989 to Q4 2024 about net worth, wealth, percentile, Net, and USA.

In 2023, the real median household income for householders aged 15 to 24 was at 54,930 U.S. dollars. The highest median household income was found amongst those aged between 45 and 54. Household median income for the United States since 1990 can be accessed here.

In the third quarter of 2024, the top ten percent of earners in the United States held over 67 percent of total wealth. This is fairly consistent with the second quarter of 2024. Comparatively, the wealth of the bottom 50 percent of earners has been slowly increasing since the start of the 2010s, though remains low. Wealth distribution in the United States by generation can be found here.

Warren Buffett made his first million U.S. dollars at thirty years old. At 83 years old, his wealth amounted to 58.5 billion U.S. dollars.

Buffett’s wealth

Warren Buffett is one of the most renowned and successful investors worldwide. The most significant business association is his leadership of Berkshire Hathaway. It is a conglomerate involved in multiple industries. Under his leadership, the company is one of the largest in the world by market value (263264). Warren Buffet’s investment style is called “value investing”. It means that he seeks undervalued companies with high growth potential.

Other high net worth individuals

Buffett has consistently ranked as one of the world’s top billionaires. While the richest individuals in the world tend to be from North America and Europe, the largest concentration of billionaires is in the Asia-Pacific region. Billionaires around the world generate a lot of interest, though there are only several hundreds of them worldwide.

Research done by the Credit Suisse Research Institute states that the country with the highest number of millionaires is the U.S., with nearly 30 million millionaires and 17 million people with wealth up to $5 million! To put numbers in perspective, China, Japan, Germany, the U.K., and France, added together, have a total of 17 million millionaires!

In 2021, there were around about 7.4 million high net worth individuals individuals in North America. High net worth individuals are those with financial assets worth at least one million U.S. dollars.