Summary List Placement
From the end of 2019 to 2020, the top 1% of Americans added just about $4 trillion to their wealth.
According to data from the Federal Reserve, the top 1% of Americans held about $34.58 trillion in the fourth quarter of 2019. By the fourth quarter of 2020, they had $38.61 trillion.
They gained just about that much in 2019 too; the top 1% had $30.35 trillion in the fourth quarter of 2018, and had $34.58 trillion by the end of 2019.
Meanwhile, the bottom 50% of Americans don’t even hold as much wealth in total as details ⇒
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