If the Net Worth of the Richest 1% Were Distributed Equally, What Would That Mean for the Average American?

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

Bernie Sanders Slams ‘Immoral and Unsustainable’ Wealth Inequality, Calls to End Oligarchy Amid Rising Billionaire Fortunes

Bernie Sanders Slams ‘Immoral and Unsustainable’ Wealth Inequality, Calls to End Oligarchy Amid Rising Billionaire Fortunes

Sen. Bernie Sanders he criticized the growing wealth disparity in the country, citing the shocking rise in the fortunes of a few billionaires. His comments come as Elon Musk becoming the first person in history to amass a net worth of approximately $750 billion. Sanders Slams Rising Billionaire Wealth On Friday, Sanders took to X … Read more