If the Net Worth of the Richest 1% Were Distributed Equally, What Would That Mean for the Average American?
According to data from the Federal Reserve, the top 1% of US households controlled $51.85 trillion dollars in assets as of 2025. This amounts to 31% of all US household wealth. Such large sums of money are difficult to understand unless they are distributed. One way to do this is to conduct a thought experiment: … Read more