FREEDOM AND SAFETY

 

The richest 1% of America's households own 40% of the country's wealth – the biggest proportion in 50 years, according to a new paper by economist Edward N. Wolff.

The research, reported on by the Washington Post, also suggests that the country's top 1% have more wealth than the bottom 90% of households combined. The wealth gap has widened in recent decades, with the share of wealth owned by the richest 1% growing by nearly three percentage points since 2013 alone.

https://www.weforum.org/agenda/2017/12/chart-of-the-day-americas-richest-1-own-40-of-the-countrys-wealth?utm_content=bufferf1b49&utm_medium=social&utm_source=facebook.com&utm_campaign=buffer