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Top 0.1% Holds Same Amount of Wealth as Bottom 90%

date: 2016 Nov 25


We all know income inequality is pretty wide in the USA, but the wealth ownership data via Deutsche Bank is quite astonishing. Note the change post WW II, and the subsequent reversion.

US wealth ownership has changed significantly over the past several decades and the top 0.1% of households now hold the same amount of wealth as the bottom 90% (see chart).

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