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America’s Richest 1% Now Control More Wealth Than Middle and Working Classes Combined

America’s Richest 1% Now Control More Wealth Than Middle and Working Classes Combined

In the second quarter of 2023, the top 1% had $46 trillion in wealth, whereas everyone outside of the top 10% had $45.5 trillion

Patrick Cooley, The Messenger

The top 1% richest Americans now have as much wealth as all middle and working class families put together, according to data from the Federal Reserve.

In the second quarter of 2023, the top 1% had roughly $46 trillion in wealth, consisting of salaries, real estate, investments and other income…

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