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  • 10-11-2021
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How much of the total US wealth is owned by (a) the richest 1 percent? (b) the poorest 40 percent?

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chloedbonham
chloedbonham chloedbonham
  • 10-11-2021

Answer:

The distribution of wealth shows that the poorest 40 percent of households owned 0.2 percent of total wealth, and the richest 1 percent owned 38.1 percent. The distribution of wealth is much more unequal than the distribution of income.

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