197k views
3 votes
What share of the nations welath did the top 5 percents of workers own? What did the remaining 95 percent own?

User Pedrofb
by
8.7k points

1 Answer

5 votes

As of 2007, the richest 1% held about 38% of all privately held wealth in the United States. while the bottom 90% held 73.2% of all debt. According to The New York Times, the richest 1 percent in the United States now own more wealth than the bottom 90 percent.Today, the top 1 percent of households own more wealth than the bottom 90 percent combined.

User BHP
by
8.8k points

No related questions found

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.