Opher Ganel
Jul 8, 2024

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According to this Fed link: https://fred.stlouisfed.org/series/WFRBST01134, the top 1% own 30.4% of the total US wealth.

According to this: https://fred.stlouisfed.org/release/tables?rid=52&eid=810420#snid=810447, the total household wealth in the US is $151.7 trillion. Take 30% of that and divide by 1.5 million and you get just over $30M.

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Opher Ganel
Opher Ganel

Written by Opher Ganel

Consultant | systems engineer | physicist | writer | avid reader | amateur photographer. I write about personal finance from an often contrarian point of view.

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