What Net Worth Defines the Top 1%
Being in the top 1% of Americans means having a net worth far above the median household. This group holds a large share of total U.S. wealth, including financial assets, real estate, and business equity.
How Much Wealth the Top 1% Holds
According to Federal Reserve data, the top 1% of families own roughly 30% to 35% of all U.S. household wealth. Their average net worth is several times higher than the typical American family, reflecting concentrated asset ownership.
Where the Top 1% Store Their Wealth
Most of their wealth is in financial accounts, private and public equity, retirement assets, and real estate. Business ownership, trusts, and investment portfolios also make up a large share of their net worth. For more detail, see the Federal Reserve's Survey of Consumer Finances at https://www.federalreserve.gov/releases/scf/
