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Ultra-Rich Americans Widen Wealth Gap as Top 0.1% Gains Average $9,600,000 Per Household: Report
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Ultra-Rich Americans Widen Wealth Gap as Top 0.1% Gains Average $9,600,000 Per Household: Report
Center for American Progress analysis of Federal Reserve data shows the top 0.1% of households gained an average of $9.6 million in net worth from late 2024 to early 2026, versus about $1,200 for the bottom half. The top 1% wealth share rose to 31.6%.
America's Richest Households Gained $9.6 Million Under Trump. The Bottom Half Gained $1,200
A new analysis by the Center for American Progress reveals that under the Trump administration, the wealthiest 0.1% of Americans gained 8,000 times more wealth per household than those in the bottom half between late 2024 and early 2026.
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Leaning Left1Leaning Right0Center1Last Updated50% Left, 50% Center
Bias Distribution
- 50% of the sources lean Left, 50% of the sources are Center
50% Center
L 50%
C 50%
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