The One Percent is 288 Times Richer Than You

What's Hot


How to Cut the Cable TV Cord in 2017Family

8 Major Freebies and Discounts You Get With Amazon PrimeSave

8 Creative Ways to Clear ClutterAround The House

Study: People Who Curse Are More HonestFamily

This Free Software Brings Old Laptops Back to LifeMore

Pay $2 and Get Unlimited Wendy’s Frosty Treats in 2017Family

The 3 Golden Rules of Lending to Friends and FamilyBorrow

6 Reasons Why Savers Are Sexier Than SpendersCredit & Debt

Resolutions 2017: Save More Money Using 5 Simple TricksCredit & Debt

Porta-Potties for Presidential Inauguration Cause a StinkFamily

Protecting Trump Will Cost Taxpayers $35 MillionFamily

7 New Year’s Resolutions to Make With Your KidsFamily

5 New Year’s Resolutions That Will Pay Off 10 Years From NowCollege

10 Tasty Alcohol-Free Drinks That Adults Will LoveFamily

10 Simple Money Moves to Make Before the New YearFamily

Could Your Pet Benefit From Marijuana-Laced Treats?Family

A new report says those in the wealthiest percent of Americans make an average of $16.4 million. In the other 99 percent, it's $57,000.

According to a new report from the nonprofit Economic Policy Institute, the richest 1 percent of American households have 288 times more money than the median American home.

That’s an average net worth of $16.4 million for the 1 percent, compared to an average of $57,000 for the median household in 2010. The report also says the income gap is growing, with the top 1 percent owning 35 percent of American wealth.

The site’s not just a bunch of math and words – it has some interesting tools and charts to play with. Here’s one that lets you look at who benefited (or suffered) from economic conditions over a range of years you pick. And here’s a chart showing the average wealth in 20 countries: America is 17 on the list, just above Greece and far below most of Europe, Australia, and Japan.

Stacy Johnson

It's not the usual blah, blah, blah

I know... every site you visit wants you to subscribe to their newsletter. But our news and advice is actually worth reading! For 25 years, I've been making people richer without making their eyes glaze over. You'll be glad you did. I guarantee it!

💰🗣📰

Read Next: 8 Ways to Bolster Your Finances in the Trump Era

Check Out Our Hottest Deals!

We're always adding new deals and coupons that'll save you big bucks. See the deals to the right and hundreds more in our Deals section.

Click here to explore 1,891 more deals!