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GAACAT
@luxuryhomes
The rich are getting richer faster than ever: Since the first quarter of 2020, the total net worth of US households 🇺🇸 has increased by about $56 trillion, reaching a record $160 trillion by the third quarter of 2024. - The top 10% now own $111 trillion, or 69% of the total. - The top 0.1% alone own $22 trillion, or 14% of the total household net worth. - Meanwhile, the bottom 50% own just $3.9 trillion, or 2.4% of the total. The widening wealth gap is the real cost of inflation
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