9-11-2012
http://finance.yahoo.com/news/wealthiest-americans-288-times-net-093200831.html
Wealthiest Americans have 288 times net worth of typical family
The wealth gap between the richest Americans and the typical family more than doubled over the past 50 years.
In 1962, the top 1% had 125 times the net worth of the median household. That shot up to 288 times by 2010, according to a new report
Most Americans below the upper echelon have suffered a decline in wealth in recent decades. The median household saw its net worth drop to $57,000 in 2010, down from $73,000 in 1983.
The top 1%, on the other hand, saw their average wealth grow to $16.4 million, up from $9.6 million in 1983.
http://finance.yahoo.com/news/wealthiest-americans-288-times-net-093200831.html
Wealthiest Americans have 288 times net worth of typical family
The wealth gap between the richest Americans and the typical family more than doubled over the past 50 years.
In 1962, the top 1% had 125 times the net worth of the median household. That shot up to 288 times by 2010, according to a new report
Most Americans below the upper echelon have suffered a decline in wealth in recent decades. The median household saw its net worth drop to $57,000 in 2010, down from $73,000 in 1983.
The top 1%, on the other hand, saw their average wealth grow to $16.4 million, up from $9.6 million in 1983.