STRESSEconomicGlobal
The new K-shaped economy splits the rich from the ultra-rich: The top 0.1% averages more than $200 million—and is pulling away from the rest of the 1%
Published:
News summary
The top 0.1%'s wealth has more than doubled since 2019, compared with 68% growth for the rest of the top 1%, according to Federal Reserve data.
- Importance
- Low · 23/100
- Impact direction
- Uncertain