University of California, Berkeley economist Gabriel Zucman found that the richest 0.00025 percent of the American population now owns more wealth than the 150 million adults in the bottom 60 percent.
The richest 0.00025 percent—just 400 Americans—have seen their share of America's national wealth triple since the 1980s, while the wealth of much of the U.S. population has stagnated or declined. The bottom 60 percent of the wealth distribution saw their share of the nation's wealth fall from 5.7 percent in 1987 to 2.1 percent in 2014.
https://www.commondreams.org/news/2019/02/10/study-shows-richest-000025-owns-more-wealth-bottom-150-million-americans
The richest 0.00025 percent—just 400 Americans—have seen their share of America's national wealth triple since the 1980s, while the wealth of much of the U.S. population has stagnated or declined. The bottom 60 percent of the wealth distribution saw their share of the nation's wealth fall from 5.7 percent in 1987 to 2.1 percent in 2014.
https://www.commondreams.org/news/2019/02/10/study-shows-richest-000025-owns-more-wealth-bottom-150-million-americans
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