It’s not all about the stock market and tech stocks, but it’s not just the money managers who can get in on the action, either.
For the first time in the UK, we’ve compiled a wealth gap chart that compares the average wealth of those in the top 50% of the population to those in other income groups.
Wealth inequality can be very different for different people, but this wealth gap shows you how much more wealthy you are relative to your neighbours.
We’ve also included a wealth distribution chart for people who are in the bottom quintile.
If you want to know how much money you’ll need to put into your retirement to reach the median wealth of all British adults, check out our Money Matters calculator.
We also take a look at how people across the UK have fared in 2017.
The UK’s overall average wealth fell by 1% in the year to June, but the richest 10% saw their wealth rise by a total of £21,000.
The UK is not unique in its wealth distribution.
The US, France, Australia, Germany, Japan, Sweden, Spain and the UK are all on track to achieve a median wealth per person of around £60,000 in 2018.
It’s important to note that this wealth is based on a median household income of about £49,000, so if you earn more than that, you’ll be in a far better position to afford the median household expenses.