| Abstrakt: |
According to a recent report by the Federal Reserve, the average net worth of American families exceeded $1 million for the first time in 2022. While this average is influenced by billionaires and multimillionaires, it is important to note that real average wealth increased by 23% after adjusting for inflation. Additionally, the level of median wealth rose by 37% between 2019 and 2022, narrowing wealth inequality. Around 12% of American families, or 16 million families, have wealth exceeding $1 million, with nearly 8 million families being multimillionaires. These mini-millionaires, who generally earn between $150,000 and $250,000 per year, have seen larger wealth gains over the past three years than the top 10% of families. They have benefited from factors such as college education, savings, and home purchases, as well as low interest rates. While there are still disparities in wealth and economic struggle in the US, the idea that only the top 1% are getting richer is not supported by the data. [Extracted from the article] |
