The percentage of U.S. privately owned wealth which is held by the richest 1% has risen from 5% in 1990 to 36% today, more than a seven-fold increase. At this rate of increase the richest 1% are heading to own the entire country by around the year 2035.
There has been roughly doubling their percentage of America’s privately owned wealth every decade since 1990; and, at that rate, they’d reach 72% by around the year 2030.
America’s Richest 1% Owned 5% in 1990, Own 36% Today — Strategic Culture (strategic-culture.org)
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