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Graph and download economic data for Net Worth Held by the Top 0.1% (99.9th to 100th Wealth Percentiles) (WFRBLTP1246) from Q3 1989 to Q1 2025 about net worth, wealth, percentile, Net, and USA.
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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.
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The Distributional Financial Accounts (DFAs) integrate two data products produced by the Federal Reserve Board: the Financial Accounts of the United States, which provide quarterly data on aggregate balance sheets of major sectors of the U.S. economy, and the Survey of Consumer Finances (SCF), which provides comprehensive triennial microdata on the assets and liabilities of a representative sample of U.S. households. Information on the data collection process can be found at the Board of Governors (https://www.federalreserve.gov/releases/efa/efa-distributional-financial-accounts.htm)."
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.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
The Distributional Financial Accounts (DFAs) integrate two data products produced by the Federal Reserve Board: the Financial Accounts of the United States, which provide quarterly data on aggregate balance sheets of major sectors of the U.S. economy, and the Survey of Consumer Finances (SCF), which provides comprehensive triennial microdata on the assets and liabilities of a representative sample of U.S. households. Information on the data collection process can be found at the Board of Governors (https://www.federalreserve.gov/releases/efa/efa-distributional-financial-accounts.htm)."
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Graph and download economic data for Total Assets Held by the Top 0.1% (99.9th to 100th Wealth Percentiles) (WFRBLTP1227) from Q3 1989 to Q1 2025 about wealth, percentile, assets, and USA.
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Graph and download economic data for Household Count in the Top 0.1% (99.9th to 100th Wealth Percentiles) (WFRBLTP1310) from Q3 1989 to Q1 2025 about wealth, percentile, households, and USA.
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.
Over ** million individuals residing in the United States belonged to the global top one percent of ultra-high net worth individuals worldwide in 2022. China ranked second, with over **** million top one percent wealth holders globally. France followed in third.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
The Distributional Financial Accounts (DFAs) integrate two data products produced by the Federal Reserve Board: the Financial Accounts of the United States, which provide quarterly data on aggregate balance sheets of major sectors of the U.S. economy, and the Survey of Consumer Finances (SCF), which provides comprehensive triennial microdata on the assets and liabilities of a representative sample of U.S. households. Information on the data collection process can be found at the Board of Governors (https://www.federalreserve.gov/releases/efa/efa-distributional-financial-accounts.htm)."
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Graph and download economic data for Financial Assets Held by the Top 0.1% (99.9th to 100th Wealth Percentiles) (WFRBLTP1237) from Q3 1989 to Q1 2025 about wealth, percentile, financial, assets, and USA.
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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 2022, the majority of Indian adults had a wealth of 10,000 U.S. dollars or less. On the other hand, about *** percent were worth more than *********** dollars that year. India The Republic of India is one of the world’s largest and most economically powerful states. India gained independence from Great Britain on August 15, 1947, after having been under their power for 200 years. With a population of about *** billion people, it was the second most populous country in the world. Of that *** billion, about **** million lived in New Delhi, the capital. Wealth inequality India suffers from extreme income inequality. It is estimated that the top 10 percent of the population holds ** percent of the national wealth. Billionaire fortune has increase sporadically in the last years whereas minimum wages have remain stunted.
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Graph and download economic data for Share of Deposits Held by the Top 0.1% (99.9th to 100th Wealth Percentiles) (WFRBSDE999T100) from Q3 1989 to Q1 2025 about shares, wealth, percentile, deposits, and USA.
At the end of 2020, there were nearly 700 thousand dollar-millionaires in India. This was a significant decrease compared to over 760 thousand millionaires at the end of the previous year. In total, there were nearly 60 million dollar-millionaires worldwide in 2020. The highest density of millionaires had been recorded in Switzerland with nearly 15 percent, whereas India had a density of 0.1 percent. Persons owning assets worth more than one million U.S. dollars are considered high-net-worth individuals (HNWI).
India’s super-rich Persons owning assets worth more than 30 million U.S. dollars are considered ultra-high-net-worth individuals (UHNWI). In 2020, these roughly six thousand individuals owned approximately 400 billion dollars. By far the richest person in India was Reliance chairmen Mukesh Ambani. His female counterpart was Roshni Nadar Malhotra, CEO of HCL Technologies and daughter of HCL-founder Shiv Nadar.
Wealth with a purpose Shiv Nadar was not only one of the richest Indians in 2020, but he also contributed around seven billion Indian rupees for philanthropic initiatives. He was only topped by Wipro-chairman Azim Premji that year. Through Premji’s donations in that sector, education received the vast majority of philanthropic donations that year. Besides private donations, spending on corporate social responsibility (CSR) has grown as well in recent years.
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Graph and download economic data for Corporate Equities And Mutual Fund Shares Held by the Top 0.1% (99.9th to 100th Wealth Percentiles) (WFRBLTP1232) from Q3 1989 to Q1 2025 about shares, mutual funds, wealth, equity, percentile, corporate, and USA.
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Graph and download economic data for Total Deposits Held by the Top 0.1% (99.9th to 100th Wealth Percentiles) (WFRBLDE999T100) from Q3 1989 to Q1 2025 about wealth, percentile, deposits, and USA.
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Graph and download economic data for Mortgages Held by the Top 0.1% (99.9th to 100th Wealth Percentiles) (WFRBLTP1245) from Q3 1989 to Q1 2025 about wealth, percentile, mortgage, and USA.
U.S. citizens with a professional degree had the highest median household income in 2023, at 172,100 U.S. dollars. In comparison, those with less than a 9th grade education made significantly less money, at 35,690 U.S. dollars. Household income The median household income in the United States has fluctuated since 1990, but rose to around 70,000 U.S. dollars in 2021. Maryland had the highest median household income in the United States in 2021. Maryland’s high levels of wealth is due to several reasons, and includes the state's proximity to the nation's capital. Household income and ethnicity The median income of white non-Hispanic households in the United States had been on the rise since 1990, but declining since 2019. While income has also been on the rise, the median income of Hispanic households was much lower than those of white, non-Hispanic private households. However, the median income of Black households is even lower than Hispanic households. Income inequality is a problem without an easy solution in the United States, especially since ethnicity is a contributing factor. Systemic racism contributes to the non-White population suffering from income inequality, which causes the opportunity for growth to stagnate.
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Graph and download economic data for Share of Financial Assets Held by the Top 0.1% (99.9th to 100th Wealth Percentiles) (WFRBSTP1291) from Q3 1989 to Q4 2024 about wealth, percentile, financial, assets, and USA.
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Graph and download economic data for Net Worth Held by the Top 0.1% (99.9th to 100th Wealth Percentiles) (WFRBLTP1246) from Q3 1989 to Q1 2025 about net worth, wealth, percentile, Net, and USA.