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6 Jan 2024

Wealthiest 10% Americans Hold Record 92.5% Market Shares

In two decades, market share for the wealthiest 10% of Americans grew[ from 77% to 92.5%](https://www.ft.com/content/35ea40d1-3c83-4e9b-b202-f648a5192866), while their stake rose from 40% to 54%. Conversely, the poorest 50% have held a mere 1%, and middle-to-upper economic groups possess a dwindling portion. Ownership of equities and mutual funds is increasingly concentrated among the rich.