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

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 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.

Graph and download economic data for Net Worth Held by the Bottom 50% (1st to 50th Wealth Percentiles) (WFRBLB50107) from Q3 1989 to Q1 2025 about net worth, wealth, percentile, Net, and USA.

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 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.

Bank of America's client assets reveal a significant concentration in brokerage assets and assets under management, with both categories approaching the 1.9 trillion U.S. dollar mark in 2024. This substantial portfolio underscores the bank's strong position in wealth management and investment services, highlighting its ability to attract and retain high-value clients in a competitive financial landscape.

The Forbes published "The Definitive Ranking of the Wealthiest Americans In 2022". And here is the top 200 list including additional information on each of the billionaires.

About Dataset

This dataset contains the top 200 richest American based on their net worth.

Columns Attributes

| Column | Meaning | | -- | -- | | rank | their rank | | name | their name | | net worth | their net worth | | age | their age | | title | their title (e.g. CEO, Chairman etc.) | | source of wealth | the source of how they've managed to get this much money | | self made score | shows how far each of these billionaires has climbed to make it to the top. According to Forbes, The score ranges from 1 to 10, with 1 through 5 indicating someone who inherited some or all of his or her fortune; while 6 through 10 are for those who built their company or established a fortune on his or her own. | | philanthropy score | this score shows how much these billionaires donates on nonprofits foundations | | residence | their residence | | marital status | their marital status | | children | their children | | education | their education |

Methodology

This dataset was acquired using a web scraping tool called Beautiful soup and scraped Forbes website

Image by pch.vector on Freepik

In 2019, ultra high net worth individuals in North America had a total wealth of almost 12.5 trillion U.S. dollars. With a total wealth of over 10.4 trillion U.S dollars, the second wealthiest individuals resided in Asia.

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.

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.

Between 2014 and 2024, Bank of America's total assets were overwhelmingly concentrated in the United States. In 2024, the bank's total assets in the U.S. reached approximately 2.82 trillion U.S. dollars, the highest recorded during this period.

Graph and download economic data for Share of Net Worth Held by the 90th to 99th Wealth Percentiles (WFRBSN09161) from Q3 1989 to Q4 2024 about net worth, wealth, percentile, Net, and USA.

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.

In 2024, North America had the highest number of high net worth individuals, with 8.45 million HNWIs living there. In Asia Pacific, there were also 7.59 billion HNWIs registered in 2024. High Net Worth Individuals (HNWIs) are people with wealth exceeding one million U.S. dollars.

In 2022, about 40 percent of adults in Mexico held a net worth under 10,000 U.S. dollars. In contrast, merely 393,000 Mexicans (that is, 0.4 percent of the total) had a net worth of over one million U.S. dollars. Mexico is one of the most unequal countries in Latin America regarding wealth distribution, with 78.7 percent of the national wealth held by the richest ten percent of the population.

The minimum salaryThe minimum wage per day guaranteed by law in Mexico was decreed to increase by 22 percent between 2021 and 2022, reaching 172.87 Mexican pesos in 2022. In the Free Zone located near the northern border the minimum daily wage was raised to 260.34 Mexican pesos.This represented the fourth consecutive incrase since 2019, but could prove to be insufficient to maintain the wellbeing of Mexican workers after the soaring inflation rate registered in 2022 and the economic impact of the COVID-19 in Mexican households. The legal minimum salary has a long history in the North American country, it was first implemented with the approval of the Political Constitution of the United Mexican States in 1917. Income inequality in Latin AmericaLatin America, as other developing regions in the world, generally records high rates of inequality, with a Gini coefficient ranging between 38 and 54 among the region’s countries. Moreover, many of the countries with the biggest inequality in income distribution worldwide are found in Latin America. According to the Human Development Report 2019, wealth redistribution by means of tax transfers improves Latin America's Gini coefficient to a lesser degree than it does in advanced economies. Wider access to education and health services, on the other hand, have been proven to have a greater direct effect in improving Gini coefficient measurements in the region.

American Water held total assets worth 30.3 billion U.S. dollars for the year ended December 31, 2023. This was an increase of about nine percent from the previous year.

Graph and download economic data for State and Local Governments; Total Liabilities and Net Worth (IMA), Level (SLGLNWQ027S) from Q4 1945 to Q1 2025 about retirement, net worth, state & local, IMA, liabilities, Net, government, employment, and USA.

The total assets of the Bank of America increased considerably between the first quarter of 2012 and the fourth quarter of 2024. Between 2012 and 2020, the asset growth of the bank was relatively slow, but assets increased notably in 2020 and 2021. While there was a slight decline in total assets in 2022, 2023 and 2024 saw another increasing trend. At the end of 2024, the bank's total assets amounted to over 3.2 trillion U.S. dollars.