Total U.S. Billionaire Wealth: Up 88 Percent over Four Years
Mar 18, 2024 · On that day, the United States had 614 billionaires who owned a combined wealth of $2.947 trillion. Four years later, on March 18, 2024, the country has 737 billionaires with a combined wealth of $5.529 trillion, an 87.6 percent increase of $2.58 trillion, according to Institute for Policy Studies calculations of Forbe s Real Time Billionaire ...
Wealth Inequality - Inequality.org
Wealth Inequality in the United States. The United States exhibits wider disparities of wealth between rich and poor than any other major developed nation. We equate wealth with “net worth,” the sum total of your assets minus liabilities. Assets can include everything from an owned personal residence and cash in savings accounts to ...
Global Inequality - Inequality.org
Global Wealth Inequality. According to the UBS Global Wealth Report, in 2023 the world’s richest 1 percent, those with more than $1 million, owned 47.5 percent of all the world’s wealth – equivalent to roughly $214 trillion. Adults with less than $10,000 make up nearly 40 percent of the world’s population, but hold less than 1 percent ...
Inequality.org
Aug 29, 2024 · is your online portal to data, analysis, and commentary on income and wealth inequality. You'll find on these pages information and insights that can help you better understand our deeply unequal world — and how we can work to change it. Inequality.org comes to you as a project of the Washington, D.C.-based Institute for Policy Studies.
Racial Economic Inequality - Inequality.org
Racial Income Inequality. In 2021, Fortune 500 CEOs, who earned $18.3 million on average, included just four Black and 17 Latino people — just 4 percent of the total. By contrast, these groups made up 43 percent of the U.S. workers who would benefit from a raise in the federal minimum wage to $15 per hour by 2025, according to Institute for ...
Income Inequality - Inequality.org
Over the past five decades, the top 1 percent of American earners have nearly doubled their share of national income, according to figures in the World Inequality Database.Meanwhile, the Census Bureau’s “official” poverty rate for all U.S. families has merely inched up and down. In 2011, the Census Bureau began publishing a “supplemental” poverty measure that is …
Gender Economic Inequality - Inequality.org
Gender Poverty Gaps. The gender poverty gap has not improved significantly over the past half decade. In 1966, 12.1 percent of women and 8.4 percent of men aged 18-64 lived below the official poverty line. In 2021, 11.7 percent of women in this age group were living in poverty, compared to 9.3 percent of men.
Eight Ways To Reduce Global Inequality
Feb 11, 2015 · Reversing this trend presents a significant challenge, but one where we’ve seen some progress. Below we offer eight ways to move the world forward in reducing global inequality. 1. Stop Illicit Outflows. In developing countries, inadequate resourcing for health, education, sanitation, and investment in the poorest citizens drives extreme ...
Facts - Inequality.org
The Facts that Define Our Grand Divides. Inequality and Covid-19. Income Inequality. Wealth Inequality. Racial Economic Inequality. Global Inequality. Gender Economic Inequality. Inequality and Health. Inequality and Taxes.
How Corruption Drives Inequality
Jan 17, 2018 · From enabling illicit accumulation of wealth by global elites to denying people access to basic services, corruption often drives inequality, both within national boundaries and internationally. The terrible fire at London’s Grenfell Tower in June 2017 brought this issue — and several others relating to inequality — to the fore.