A new study by the US government finds that the wealth of the top 1% has grown by nearly 100% over the past 20 years.
In the US, the top 0.01% have collectively gained $6.8tn (Rs 4,000bn) since 2000, with the wealth in the top 10% gaining nearly $1tn, the US Department of the Treasury said on Thursday.
The report, compiled by the National Economic Council (NEC), also found that the top 20% of US households had seen their net worth increase by nearly $600bn in the past decade.
This year’s top 10 percent, which include the billionaires Trump, Zuckerberg, Bezos, Bezos and Zuckerberg, collectively have a net worth of $4.2tn.
This means that the total net worth in the US has increased by more than $400bn over the last 20 years.
“The top 20 percent of the US population has a networth of $1.3tn, or more than 40% of the country’s total wealth, according to the report.
The wealth of people in the upper middle class has grown rapidly, with average incomes growing by more then 40% between 2000 and 2016, according the study.
It also found the top-20% have seen their wealth grow by more that $1,300bn, or about 20% per year over the same period.
The top 10%, which include Bezos, Zuckerberg and Bezos, collectively own more than 3,300 companies.
The study said this meant the richest 10% of Americans now own as much wealth as the poorest 20% in the United States.
It said the average net worth for the top 200 people was $11.1bn, compared to $3.6bn for the bottom 200 people.
The wealthiest 1% of households owned $15.7tn, which was up by $2.7bn over last year.
The poorest 1% owned $1bn.
The US has the highest concentration of wealth in a single country, at 85.3%, the study found.”
While the top one percent of American households own more wealth than the bottom 20%, they are still far from the richest in the world,” the report said.”
The bottom 20 percent have collectively grown more wealth since 2000 than the top five percent.
“This year, billionaires Trump and Zuckerberg have collectively added more wealth to their combined wealth than all the US presidents combined.
The richest one per cent of Americans have increased their wealth by nearly 50%, the report found.
This is largely because they have had more to spend.
The number of people living in poverty in the USA has increased dramatically since the 1980s, with about 6.2m Americans living in it in 2015. “
This is because the top 40% have spent more on the goods and services they consume than the rest of the population, which means that they are more likely to be spending it on things that are in demand and are of greater value to society,” it said.
The number of people living in poverty in the USA has increased dramatically since the 1980s, with about 6.2m Americans living in it in 2015.
The study found that poverty rates have increased since the late 1990s.
It was not clear how much money these people were earning or how much they were spending on luxuries.
The number and concentration of the richest 1% also increased since 2000.
The median household income in the bottom 80% of American families increased by only $10,600 between 2000-2015, according a recent report by the Pew Research Center.
“It is a reflection of the enormous wealth that the wealthy have amassed over the decades, and the wealth concentration that has grown over the course of our lifetimes,” the study said.
The median wealth of billionaires rose from $13.8bn to $33.2bn between 2000, and then more than doubled to $78.4bn in 2017.
“As a consequence of the rapid wealth creation, inequality is rising,” the NEC said.
“The wealth distribution of the middle class is also shifting to the top.”
The study found the richest 20% now own over 80% as much as the rest.