How The Fed's Inflation Policies Benefitted The Top 1% In Pictures Part 2

Total Net Wealth of the Next 9% 2020

<< Read More: How the Fed's Inflation Policies Benefitted the Top 1% In Pictures Part 1

Of the total USA net worth (assets minus liabilities) the net worth of the top 1% rose from $4.90 trillion at the end of 1989 to $38.61 trillion at the end of 2020.

Data for this series was downloaded from the Fed report Distribution of Household Wealth in the U.S. since 1989

The charts all show end-of-year figures with the Fed chair at that time in colors.

Total Net Wealth of the Next 9%

Total Net Wealth of the Next 9% 2020

Of the total USA net worth (assets minus liabilities) the net worth of the next 9% rose from $7.75 trillion at the end of 1989 to $46.99 trillion at the end of 2020.

The top 10% was worth $15.18 Trillion in 1989 and $81.80 trillion at the end of 2020.

Total Net Wealth of the Next 40%

Total Net Wealth of the Next 40% 2020

Of the total USA net worth (assets minus liabilities) the net worth of the next 9% rose from $7.43 trillion at the end of 1989 to $34.81 trillion at the end of 2020.

Total Net Wealth of the Bottom 50%

Total Net Wealth of the Bottom 50% 2020

The total net wealth of the bottom 50% was $0.74 trillion in 1989 and $2.49 trillion at the end of 2020.

Of special note, the total net wealth of the bottom 50% declined by more than half between 1989 and the end of 2010. 

Equities Wealth of the Top 1% 

Total Equities Wealth of the Top 1% 2020

The equities net worth of the top 1% rose from $0.89 trillion at the end of 1989 to $17.79 trillion at the end of 2020.

Equities includes ETFs, mutual funds, and bonds.

Equities Wealth of the Next 9% 

Total Equities Wealth of the Next 9% 2020

The equities net worth of the next 9% rose from $0.84 trillion at the end of 1989 to $11.88 trillion at the end of 2020.

Equities Wealth of the Next 40% 

Total Equities Wealth of the Next 40% 2020

The equities net worth of the next 40% rose from $0.36 trillion at the end of 1989 to $3.66 trillion at the end of 2020.

Equities Wealth of the Bottom 50% 

Total Equities Wealth of the Bottom 50% 2020

Real Estate Minus Mortgage Wealth of the Top 1%

Real Estate Minus Mortgage Wealth of the top 1%

This category includes all real estate, not just primary residence. Nonetheless, the top 1% only has $4.07 trillion tied up in real estate, a tiny percentage of their wealth. 

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