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The top 1% of Americans officially have more money than the whole middle class

American wealth is only getting more concentrated at the top. As of the second quarter of 2021, the top 1% of Americans by income had an aggregate net worth of $36.2 trillion, edging out the aggregate net worth of the middle 60% of $35.7 trillion.

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The top 1% of Americans officially have more money than the whole middle class
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    The top 1% officially have more money than the whole middle class

    The top 1% officially have more money than the whole middle class

    Since the pandemic began, American billionaires added $1.8 trillion to their collective net worths.

    A look at the numbers

    Since 1978, CEO compensation has grown by 1,322%, with CEOs paid 351 times more than the typical worker.

    Billionaires have grown in number

    Dynastic wealth is growing at 10 times the rate of the average American family's wealth.

    Taxation as a possible solution

    The top 0.1% of Americans would pay over $1 million more in federal taxes under the Democrats' new provisions.

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