Wednesday 24 March 2021

The Richest 1% Of U.S. Households Saw Their Net Worth Rise By $4 trillion

The richest 1% of Americans saw their net worth rise by $4 trillion in 2020 (or captured about 35.2% of the extra wealth generated nationwide), according to the latest data available from the U.S. Federal Reserve. The poorest half of the population, by contrast, got about 4% of overall gains ($470.6 billion). Widening wealth gaps: […]

License and Republishing: The views expressed in this article The Richest 1% Of U.S. Households Saw Their Net Worth Rise By $4 trillion are those of the author Prof. Dr. Amarendra Bhushan Dhiraj alone and not the CEOWORLD magazine.

The post The Richest 1% Of U.S. Households Saw Their Net Worth Rise By $4 trillion appeared first on COO Systems.



source https://coo.systems/the-richest-1-of-u-s-households-saw-their-net-worth-rise-by-4-trillion/

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