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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.
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, 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 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, 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.
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Graph and download economic data for Share of Net Worth Held by the Bottom 50% (1st to 50th Wealth Percentiles) (WFRBSB50215) from Q3 1989 to Q1 2025 about net worth, wealth, percentile, Net, and USA.
In the third quarter of 2024, the top ten percent of earners in the United States held over ** percent of total wealth. This is fairly consistent with the second quarter of 2024. Comparatively, the wealth of the bottom ** percent of earners has been slowly increasing since the start of the *****, though remains low. Wealth distribution in the United States by generation can be found here.
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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.
With a net worth of 342 billion U.S. dollars, Elon Musk, the cofounder of seven companies, such as electric car maker Tesla and the rocket producer SpaceX, was the wealthiest man in the world in March 2025. The wealthiest people in the world Marc Zuckerberg, the cofounder of Meta Platforms, came second with a wealth of 235.6 billion U.S. dollars. Amazon-founder Jeff Bezos followed in third. All the 10 richest people in the world were men. Wealth distribution worldwide As of 2022, one percent of people held nearly half of the world's combined wealth. Moreover, 2.8 billion of the world's population hold a combined wealth of less than 10,000 U.S. dollars, compared to 59 million people having a combined wealth of 1 billion dollars or more, underlining the vast inequalities around the world. Where do the most affluent people live? Most millionaires live in the United States, while Hong Konk was the city hosting the largest number of high net worth individuals worldwide. The country with the highest number of billionaires is China.
The table only covers individuals who have some liability to Income Tax. The percentile points have been independently calculated on total income before tax and total income after tax.
These statistics are classified as accredited official statistics.
You can find more information about these statistics and collated tables for the latest and previous tax years on the Statistics about personal incomes page.
Supporting documentation on the methodology used to produce these statistics is available in the release for each tax year.
Note: comparisons over time may be affected by changes in methodology. Notably, there was a revision to the grossing factors in the 2018 to 2019 publication, which is discussed in the commentary and supporting documentation for that tax year. Further details, including a summary of significant methodological changes over time, data suitability and coverage, are included in the Background Quality Report.
As of August 2024, a combined value of 856 billion U.S. dollars was held by the top five wealthiest billionaires in the United States. According to the source, the five wealthiest billionaires were Elon Musk, Jeff Bezos, Mark Zuckerberg, Larry Ellison, and Warren Buffett.
According to the Hurun Global Rich List 2025, the United States housed the highest number of billionaires worldwide in 2025. In detail, there were *** billionaires living in the United States as of January that year. By comparison, *** billionaires resided in China. India, the United Kingdom, and Germany were also the homes of a significant number of billionaires that year. United States has regained its first place As the founder and exporter of consumer capitalism, it is no surprise that the United States is home to a large number of billionaires. Although China had briefly overtaken the U.S. in recent years, the United States has reclaimed its position as the country with the most billionaires in the world. Moreover, North America leads the way in terms of the highest number of ultra high net worth individuals – those with a net worth of more than ***** million U.S. dollars. The prominence of Europe and North America is a reflection of the higher degree of economic development in those states. However, this may also change as China and other emerging economies continue developing. Female billionaires Moreover, the small proportion of female billionaires does little to counter critics claiming the global economy is dominated by an elite comprised mainly of men. On the list of the 20 richest people in the world, only one was a woman. Moreover, recent political discourse has put a great amount of attention on the wealth held by the super-rich with the wealth distribution of the global population being heavily unequal.
As of March 2025, Alice Walton was ranked the richest woman with over 97 billion U.S. dollars in net worth. By comparison, the richest man in the world had a fortune of over 328 billion dollars as of March 2025. The philanthropy of MacKenzie Scott MacKenzie Scott has become well known in the world of philanthropy for providing billions to thousands of non-profit organizations. Globally, the United States has the most philanthropic outflows out of any nation, reaching nearly 49 billion U.S. dollars in 2020. By comparison, the country with the second highest philanthropic outflows, the United Kingdom, reached nearly 5.9 billion U.S. dollars in 2020. Across the United States, basic needs, religious and spiritual causes, and healthcare are the sectors affluent individuals have given the most. Wealth in the United States Out of each country, the United States has the most people within the top one percent of ultra-high-net-worth individuals globally, with 21 million residents belonging to this group. By comparison, China ranked second with over five million belonging to the top one percent of ultra-high net worth individuals. Regionally, North America has the most billionaires, reaching over 1,100 followed by Europe and Asia.
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.
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A dataset listing the richest zip codes in Virginia per the most current US Census data, including information on rank and average income.
In 2020, Italy counted approximately *** million individuals boasting a wealth worth over one million U.S. dollars. Individuals in this wealth bracket are forecasted to reach nearly two million in 2025, an increase of approximately ** percent compared to 2020. When compared to other Western European countries, the number of individuals worth over five million U.S. dollars is less impressive. France, for example, counted about *** million individuals in that wealth bracket in 2019.
Wealthiest individuals in Italy
In 2019, Giovanni Ferrero, the CEO of the Italian confectionary company Ferrero S.p.A., lead the ranking of the wealthiest individuals in Italy published yearly by Forbes. With a total net worth estimated at **** billion U.S. dollars, Ferrero overshadowed Leonardo Del Vecchio, founder of Luxottica, whose fortune amounted to **** U.S. dollars.
Wealthiest individuals in the world
According to the Forbes’ ranking, in 2019, Giovanni Ferrero was the **** wealthiest person in the world and Leonardo Del Vecchio ranked **** in the list. Despite their massive fortune, no one can compete with Jeff Bezos. For the second year in a row, the founder of Amazon dominated the Forbes’ ranking: his wealth was estimated at over *** billion dollars in 2019.
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Graph and download economic data for Households and Nonprofit Organizations; Directly and Indirectly Held Corporate Equities as a Percentage of Financial Assets; Assets, Level (BOGZ1FL153064486Q) from Q4 1945 to Q1 2025 about nonprofit organizations, equity, percent, assets, households, and USA.
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A dataset listing the richest zip codes in Missouri per the most current US Census data, including information on rank and average income.
Families of tax filers; Single-earner and dual-earner census families by number of children (final T1 Family File; T1FF).
A multi-millionaire is defined as someone owning ** million U.S. dollars or more. It was forecasted that there would be almost ** thousand individuals in Australia defined as multi-millionaires by 2026. This is in line with the country’s growing economy over the years as well as the growing wealth inequality that was becoming a cause for concern in the island nation.
Distribution of the wealthy
As a rich country with plenty of natural resources and a high Human Development Index, Australia had always had a large number of high net-worth individuals or HNWIs. There were over *** thousand millionaires including a couple dozen of billionaires, with these figures expected to grow significantly over the next few years.
Income inequality
Despite the increase of wealth and economic growth, there was a concern at the level of poverty and homelessness due to the rising wealth inequality nationally. The number of homeless people living in Australia had only been increasing with more than a hundred thousand people currently without shelter. Furthermore, most of the wealth was being pushed from the country to the cities, affecting the livelihood of those living in the countryside or outback.
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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.