Wealth inequality among the Forbes 400 and U.S. households overall

Fuyuo Nagayama

Research Rap Special Report, 2013, issue Jul

Abstract: While widening income inequality in the United States has garnered much public and academic attention in recent years, wealth inequality reveals an even starker picture. For instance, in 2010, the top 1 percent of income earners received 19.8 percent of total household income. In the same year, the wealthiest 1 percent held 35.4 percent of total household wealth (Kaplan 2013). Moreover, wealth inequality has increased in recent decades, with most gains concentrated among the richest 20 percent of households (Wolff 2013).

Keywords: Wealth distribution; Households; Wealth inequality (search for similar items in EconPapers)
Date: 2013
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