alt Hacker NewsThe top 10% of American families own close to 70% of america's wealth. So if "America" is rich. Those are the folks who are rich. 90% of Americans are not rich.
The top 10% of American families own close to 70% of america's wealth. So if "America" is rich. Those are the folks who are rich. 90% of Americans are not rich.
America's wealth is not a pie that gets divvied up. For example, Musk created the wealth he has. It wasn't distributed to him from others.
> 90% of Americans are not rich.
Compared to 250 years ago, about 99% of Americans are rich.