Wealth Gap Widens: Top 10% of Americans Hold Over $107 Trillion in Assets

Recent figures from the Federal Reserve reveal that the wealthiest Americans hold a significant share of the nation's total assets.

According to the latest data, the top 10% of U.S. households collectively possess an astounding $107.794 trillion in assets and entitlements as of the fourth quarter of 2024.

Breaking down the distribution, the upper 50% to 90% of Americans own $48.54 trillion, while those in the bottom half of the wealth spectrum hold just $4.01 trillion. The richest 0.1% alone control $22.14 trillion, while those in the 99% to 99.99% bracket account for $27.32 trillion. Meanwhile, Americans within the 90% to 99% wealth percentile manage around $58.334 trillion.

Focusing on asset allocation, the wealthiest 10% heavily invest in corporate equities and mutual funds, with a staggering $40.84 trillion directed toward these financial instruments by the end of 2024. In contrast, those from the 50% to 90% wealth bracket, as well as the bottom 50%, primarily invest in real estate, collectively holding $26.99 trillion in property. Additionally, these groups maintain $5.99 trillion in stocks and mutual fund shares.

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The Federal Reserve data also provides insight into household distribution within these wealth brackets. The elite top 0.1% consists of around 133,378 households, while approximately 1.198 million households fall within the 99% to 99.9% range. The wealthiest 90% to 99% segment includes about 11.992 million households. On the other hand, the 50% to 90% group comprises roughly 53.305 million households, and the bottom 50% accounts for about 66.646 million households.

These figures underscore the vast disparity in wealth distribution across the United States, highlighting how a small percentage of households control a significant portion of the country’s financial resources

Alexander Stefanov

With over 8 years of experience in the cryptocurrency and blockchain industry, Alexander is a seasoned content creator and market analyst dedicated to making digital assets more accessible and understandable. He specializes in breaking down complex crypto trends, analyzing market movements, and producing insightful content aimed at educating both newcomers and seasoned investors. Alexander has built a reputation for delivering timely and accurate analysis, while keeping a close eye on regulatory developments, emerging technologies, and macroeconomic trends that shape the future of digital finance. His work is rooted in a passion for innovation and a firm belief that widespread education is key to accelerating global crypto adoption.