How Rich is Us? – Big and rich mall

how rich is us

The wealth of American households reached $98 trillion. The sum of all debt and assets that a person has is referred to as wealth. This is inclusive of all the assets they own, such as cash, stocks and financial instruments, but it does not count property holdings. The wealth of the elite one percent is greater than the wealth of the lower 80 percent. The wealth of the top one percent of American households is large enough to solve a myriad of urgent issues and upgrade infrastructure which benefits everyone and increases productivity. Average U.S. household had $176,100 total net worth by the year 2017.