Wealth inequality is escalating at an unprecedented pace

https://preview.redd.it/j3pg2v3lc0id1.png?width=851&format=png&auto=webp&s=48cb904f4db2fbef13183ac4950e1c072359cb19

The top 40% of income earners in the US now control 83% of the nation’s total net worth, approaching an all-time high.

The top 20% alone hold 71% of the total wealth, an increase of 10 percentage points over the past 20 years.

Conversely, the bottom 40% of income earners possess just 8% of the wealth.

Even more stark, the bottom 20% account for a mere 3% of the country’s wealth.

In recent years, the rich have become significantly wealthier, while most consumers are struggling to keep up.

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