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However, even within the top 1%, there's a wide range of wealth levels. The ultrahigh net worth individuals (UHNWI) category, which includes those with at least $30 million, is growing.
For those looking to have a more reasonable goal, a household net worth of $1.17 million will get you into the top 5%, and about $970,000 earning your household a spot in the top 10%.
In 2014 a record breaking net worth of $80.7 trillion was achieved. [64] The income disparities even within the top 1.5% are quite drastic. [65] While households in the top 1.5% of households had incomes exceeding $250,000, 443% above the national median, their incomes were still 2200% lower than those of the top 0.1% of households.
The combined net worth of the 2020 class of the 400 richest Americans was $3.2 trillion, up from $2.7 trillion in 2017. [1] As of March 2023, there were 735 billionaires in the United States. [ 2 ]
Countries by median wealth ( US dollars) per adult. From 2021 publication of Credit Suisse. This is a list of countries of the world by wealth per adult or household, from sources such as UBS 's annual Global Wealth Databook [1] and the OECD 's Better Life Index. [2] Wealth includes both financial and non-financial assets.
In Inequality for All—a 2013 documentary, narrated by Robert Reich, in which he argues that income inequality is the defining issue of the United States—Reich states that 95% of economic gains following the economic recovery which began in 2009 went to the top 1% of Americans (by net worth) . [28]
Regarding net worth, having $1 million in liquid assets often puts you in the ‘high net worth' category. But if you want to be considered very high net worth, you might need anywhere from $5 ...
In 1957, Fortune magazine developed a list of the seventy-six wealthiest Americans, which was published in many American newspapers. [6] Jean Paul Getty, when asked his reaction to being named wealthiest American and whether he was worth a billion dollars, said, "You know, if you can count your money, you don't have a billion dollars" and then added, "But remember, a billion dollars isn't ...