295
US wealth by wealth percentile group. 50% of households own 2.5% of the nation’s wealth.
(lemmy.world)
Source: Federal Reserve
this post was submitted on 23 Aug 2025
295 points (99.3% liked)
Mildly Interesting
22395 readers
309 users here now
This is for strictly mildly interesting material. If it's too interesting, it doesn't belong. If it's not interesting, it doesn't belong.
This is obviously an objective criteria, so the mods are always right. Or maybe mildly right? Ahh.. what do we know?
Just post some stuff and don't spam.
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
I don't think it's comforting at all.
If you remove the top 1%, the remaining wealth is concentrated in the top 10%. This group of people is highly invested in the status quo; their wealth and power is usually used to prop up the current system.
These people are reffered to by many names: petit bourgeoisie, professional managerial class, small business tyrants, etc.
It's almost doubly comforting to that 10% though, right?
How much land does this top 10% need? 🤔
don't forget oligarchs