Half of American Households Hold 97.5% of the National Wealth
The richest half of American families owned about 97.5% of national wealth as of the end of 2024, while the bottom half held ...
Business Insider India8y
Here is the world's skewed distribution of wealth in a single graphic
The distribution of global wealth has stayed just as skewed as last year, according to a huge study by Credit Suisse. The bank compiled data showing that just 0.7% of the world's adult population ...
What Is ‘Phantom Wealth’ (and What to Do If You Have It)
René Ramos; tiero, Annette, bruno135_406 / Adobe Stock This disconnect between numerical wealth and actual financial wellbeing has been termed "phantom wealth"—money that exists in theory, but it ...